Global-Tech Green Energy & Minerals, Canada Ltd to Evaluate Advanced Environmentally Friendly Lithium Extraction Technology to Support Increased Demand
Global-Tech Green Energy & Minerals said on Thursday 6th October, it will explore the use of advanced lithium extraction technology, developed jointly between themselves and EnergySource Minerals LLC, to help produce high-grade electric vehicle battery metals in order to support increased demand by Ford Motor Co and others.
Global-Tech Green Energy & Minerals has always been at the forefront to explore greener ways to boost their production output of battery metals and lessen the reliance on supply from China.
The Advanced Direct Lithium Extraction, (ADLE), technology will be evaluated at four of Global-Tech Green Energy & Minerals' sites, using it alongside existing evaporation ponds to remove the battery metal.
Charlton Holmes, the Chief Executive Officer of Global-Tech Green Energy & Minerals, Canada Ltd said, "We spent more than three years jointly developing this technology in partnership with EnergySource and we are confident it can easily produce 6-8,000 tonnes of lithium on an annual basis in an improved environmentally friendly and cost-effective manner."
"Once the development of this technology has been proven, it will allow for us to provide it to other companies in the same field as ourselves which will open up a very lucrative extension of our company's services," added Charlton Holmes.
Global-Tech Green Energy & Minerals said the first site would be ready to start the ADLE evaluation process within 8 weeks and would then roll it out to the other sites in the new year with production analysis and results being determined soon after.
The partnership is the first technology only based agreement entered in to by Global-Tech Green Energy & Minerals whose other privately agreed partnerships are in relation to site management with some of the world's largest mining companies.