“The leading water treatment technologies, from a partner you can trust.“ (Source: Veolia Water Technologies)
Today, Voltaic Minerals Corp. made a big announcement of engaging Whittier Filtration & Separations, a division of Veolia Water Technologies, which is the water business unit of the French multinational Veolia Environment S.A. (163,226 employees around the world generated revenues of 24 billion EUR in 2016; listed on the Paris Euronext with a market capitalization of 11 billion EUR). Veolia Water Technologies Inc. is the world’s largest supplier of water services, is specialized in water treatment solutions and a leading expert in constructing and operating facilities for water treatment.
Voltaic’s technology partner, Lithium Selective Technologies (“LiST”), is working to provide process solutions for the complex brine composition of the Green Energy Project in Utah (news expected shortly). In case LiST is successful with its process solution, Veolia would need to get engaged to build an appropriate facility. So it’s a logical and necessary step to employ Veolia, however Voltaic has now involved Veolia for additional brines that Voltaic has sourced in North America – for the purpose of process engineering solutions for lithium in wastewater from commercial sites.
Due to Voltaic having partnered with well-connected Stormcrow Capital, a Toronto-based engineering consulting firm, and being backed by strong capital partners, Voltaic has been sourcing multiple brine samples from companies looking for Voltaic to provide process solutions. With Veolia now on its side, Voltaic has all of the irons in the fire to potentially emerge as a process solution provider to companies around the globe with brines looking to concentrate lithium economically and suitable for the subsequent upgrade to lithium phosphate and lithium carbonate or hydroxide.
Stormcrow Capital’s President, Dr. Jon Hykawy, provided Rockstone with the following statement:
“Many of these waste brines have low levels of lithium, of order 150-200 mg/l, and come along with high levels of contaminants such as magnesium or calcium. This would make them unusable if they were found in the body of a salar or in some laguna out in the desert. But because these waste brines are located at existing industrial or chemical operations, they are readily available and we have access to cheap energy and reagents to be able to treat them. Assuming we (and Veolia!) can find an economically viable way to deal with these brines, they represent a potentially very large and untapped source of future lithium chemicals.“
Voltaic’s President, Darryl Jones, commented today’s press-release:
“Veolia is a world class water technology company with vast resources and we are extremely excited to have them on board, as this is a natural step in the progression of the company”.
Veolia will begin working on bench scale testing of different brines to provide process engineering solutions for Voltaic. The goal of the program is to provide Voltaic with additional solutions in the lithium brine production space for use at multiple locations, worldwide. Veolia has the resources to develop the solutions for Voltaic, as well as to implement, operate and manage world class water treatment facilities.
About Veolia Water Technologies Inc.
Around the globe, Veolia helps cities and industries to manage, optimize and make the most of their resources. The company provides an array of solutions related to water, energy and materials – with a focus on waste recovery – to promote the transition to a circular economy. With a long legacy of class-leading industrial treatment technologies, the Whittier Filtration and Separations product range is offered by Veolia Water Technologies for target implementation in specific applications. Veolia has vast resources in the water treatment business and is a leading expert in operating managing and constructing facilities for treatment of water. According to their website:
“Our portfolio of more than 350 technologies features everything from online diagnostic solutions to evaporation and crystallization, energy-producing sludge treatment, state-of-the-art desalination, laboratory-grade water and mobile water services. We know how to reuse and recycle water and also extract maximum value.
Our cutting-edge water treatment technologies:
• treat and reuse wastewater
produce and recover energy
• extract raw materials
• create valuable byproducts
• €2 billion revenue in 2016
• Local presence with a worldwide network of experts and 130 local business units
• Over 9,000 employees, of which 60% are researchers, engineers and project managers
• Over 350 proprietary technologies”
Voltaic Minerals Corp.
Suite 1450 - 789 West Pender Street
Vancouver, BC, V6C 1H2 Kanada
Telefon: +1 604 681 1568
Shares in the Market: 64,533,801
Canada Symbol (TSX.V): VLT
Current Price: $0.065 CAD (09/20/2017)
Market Capitalization: $4 Million CAD
Germany Symbol/ WKN (Tradegate): 2P61 / A2AG5Q
Current Price: €0.046 EUR (09/20/2017)
Market Capitalization: €3 Million EUR
Report #11: “Company-making times for Voltaic”
Report #10: “Extremely optimistic about technology potential to unlock unconventional lithium brines across the globe making them economically feasible”
Report #9: “Voltaic and Partner Agree to Exclusive Extension and Begin Phase 1”
Report #8: “Voltaic to enter lithium brine zone with bulk sampling at its Green Energy Project in Utah”
Report #7: “Cutting Edge in the Lithium Space”
Report #6: “Voltaic Minerals partners up to demonstrate a lithium processing plant within 9 months”
Report #5: “Voltaic Minerals Encouraged by Macarthur Minerals‘ Lithium Results”
Report #4: “The perfect brine project for someone like Albemarle”
Report #3: “Prima Diamond becomes Voltaic Minerals with focus on energy metals”
Report #2: “Early Warning Report on Prima Diamond”
Report #1: “Prima Diamond Acquires the Green Energy Project in Utah with Historic Lithium Grades of 1700 mg/L”
Disclaimer: The author, Stephan Bogner, holds a long position in Voltaic Minerals Corp. and is paid, on a monthly basis, by Zimtu Capital Corp. which company is also invested in Voltaic Minerals Corp. Please read the full disclaimer within the full research report as a PDF (here) as fundamental risks and conflicts of interest exist.