Volt
Lithium
Aiming to be North America’s 1st commercial producer of lithium hydroxide & lithium carbonates from oilfield brine
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Proprietary Direct Lithium Extraction (“DLE”) technology provides leading lithium recoveries of 93% with lowest costs
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Robust lithium reservoir with 78 Billion Barrels of lithium infused brine with concentrations up to 119 mg/L
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Lithium-infused brine already produced by partner, supporting H1 2023 pilot production
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Strategic partnerships include established oil & gas producer owning $100MM of infrastructure and a chemicals company with lithium extraction expertise
Targeting Commercially Produced Lithium Backed by Science
World Class Land Base
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Alberta’s expansive lithium deposits are Volt’s initial target at Rainbow Lake
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~435,000 acres of land, spanning multiple geographies with strategic permits
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In an area with significant infrastructure + water production, plus >1,300 producing wells
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Ability to leverage existing infrastructure & wells; Teck Resources Limited is offsetting landowner
~435,000 acres of land
>1,300 producing wells
119 mg/L Li concentrations
78 B barrels of Li infused brine
Strategic Facilities & Infrastructure
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Access to infrastructure due to agreement with Cabot Energy Inc.
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>$100MM invested in facilities, wells & pipelines
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3 multi-well batteries with significant water capacity from existing producing oil wells
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Reduces capex required to access water volumes for a commercial lithium operation
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Access to road and rail transportation for export upon commercialization