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ElectraLith’s DLE-R Proof of Concept Produces Battery Grade Lithium Using No Water Or Chemicals

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3 months ago

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ElectraLith’s Next-Generation DLE-R Technology Produces Battery Grade Lithium Hydroxide from Salar Brines, Geothermal Oilfield Brines and Spodumene Leach

Melbourne, Victoria, 22nd August 2024, ZEX PR WIRE, Melbourne-based ElectraLith Pty Ltd (“ElectraLith”) today announced that its next-generation DLE-R technology has successfully produced battery grade lithium hydroxide from salar brines, geothermal oilfield brines and spodumene leach using its proprietary DLE-R technology.  


Image: ElectraLith’s DLE-R

This included production of 99.9% pure lithium hydroxide from a contaminated brine comprising less than 60 parts per million (“ppm”) lithium.  The proof of concept was achieved using no water, no chemicals and minimal energy.

DLE-R is a proprietary end-to-end electro-membrane technology.  Unlike most Direct Lithium Extraction (“DLE”) technologies which generally produce lithium chloride, DLE-R can produce battery grade lithium hydroxide or lithium carbonate as its final product. 

DLE-R uses no water or chemicals and can run entirely on renewable power, delivering a step-change reduction to the environmental and economic costs of other lithium extraction processes.

“Our production of battery grade lithium hydroxide from a range of sources provides proof of concept and continues our progress towards commercialisation,” said ElectraLith CEO Charlie McGill.

“These test results validate the true potential of DLE-R across lithium resource type, quality and concentration, underpinning DLE-R’s emergence as the most economic and sustainable method for extracting and refining lithium.” 

Driven by EV demand, the global lithium market is projected to grow from USD 27 billion in 2024 to USD 134 billion by 2032 at a CAGR of 22%.  

ElectraLith’s patented DLE-stage membranes are based on revolutionary work conducted by world-renowned membrane scientist Sir John Monash Professor Laureate Huanting Wang of Monash University.

Professor Wang is chair of ElectraLith’s Science Advisory Committee and is one of the world’s most cited nanomaterials researchers.

Spun out of Monash University and backed by Rio Tinto and IP Group,  ElectraLith is emerging as the cleanest, most versatile and most cost-efficient method for extracting and refining lithium, the fundamental element of driving a sustainable future.

About DLE-R

DLE-R comprises two stages:

  • DLE-stage:  Proprietary membranes extract lithium using electrodialysis to produce lithium chloride.  The DLE-stage distinguishes itself from other DLE processes by eliminating water and chemicals; it is further distinguished by its ability to extract lithium from any source, including contaminated brines of extremely low concentration.

  • R-stage:  Similar electrodialysis principles convert the lithium chloride into lithium hydroxide using off-the-shelf technology in a proprietary configuration.  If required, the resulting lithium hydroxide can then be converted to lithium carbonate using a novel carbon-negative method.

Both stages are designed to operate entirely using electrodialysis, a commercially proven technology that has been deployed worldwide since the 1950s.

Proof of Concept

Validating these concepts, DLE-R produced battery grade lithium hydroxide from a range of lithium sources (salar brines, geothermal oilfield brines, spodumene leach) and geographies (US, Argentina and Australia) using no water, no chemicals and minimal energy.

This proof of concept included production of 99.9% pure lithium hydroxide from a contaminated brine comprising less than 60ppm lithium.


Image: DLE-R results

ElectraLith CEO Charlie McGill said: “We’re particularly excited about the Paradox Basin Utah result, where DLE-R produced 99.9% pure lithium hydroxide from Mandrake’s geothermal oilfield brines without water, an increasingly scarce resource in the broader Colorado River Basin.  This, coupled with the production of lithium hydroxide from a brine with less than 60ppm, demonstrates DLE-R’s ability to unlock otherwise unviable strategic reserves in the United States and Australia.”

Mandrake CEO James Allchurch commented: “The outstanding performance of the DLE-R process is a critical step forward for Mandrake as we seek to commercialise our expansive Utah Lithium Project.  DLE-R is perfectly suited to the water chemistry of the Paradox Basin and we look forward to partnering with ElectraLith in processing larger volumes of brine from the Utah Lithium Project.”

Technoeconomics

DLE-R’s proof of concept coincides with the delivery of a Technoeconomic Analysis Report conducted by Worley Consulting Pty Ltd (“Worley”).  This American Association of Cost Engineers (“AACE”) Class 5 report follows an eight-month review leveraging Worley’s global expertise in the US, Canada and Australia, as well as input from Rio Tinto.

DLE-R’s proof of concept also coincides with the delivery of a Process Model performed by Dr Mike Dry of Arithmetek Inc., a globally recognised expert in the field of process and early-stage cost modelling, as well as a Life Cycle Assessment (LCA) performed by Minviro.  Minviro is a global sustainability and LCA authority with offices in the UK, Australia and China.

IP Group Australia Managing Director and ElectraLith Chair Mike Molinari commented: “These reports provide an important validation of ElectraLith’s revolutionary DLE-R process.  As we enter the prototyping stage, our relationships with these world-class consultants will be vital to delivering on DLE-R’s potential to reshape the lithium industry.”

Rio Tinto Chief Advisor for Battery Minerals and ElectraLith Non-Executive Director Travis Baroni said: “We invested in ElectraLith to support their DLE-R technology and we are pleased that it is showing real potential to significantly reduce the economic and environmental costs of lithium production.   We’re looking forward to trialling and testing the first DLE-R prototype at our Rincon Project in Argentina with the ElectraLith team.”

About ElectraLith

ElectraLith is unlocking a green future with the cleanest, fastest and most efficient method of extracting and refining lithium, the primary element of a sustainable future. ElectraLith’s cutting-edge DLE-R technology revolutionises t5he DLE and refining processes by extracting and producing battery-grade lithium hydroxide in a single, scalable and modular step. As opposed to other DLE processes, DLE-R fully eliminates the need for water and chemicals and can run entirely on renewable energy. Backed by Rio Tinto, IP Group Australia and Monash University, ElectraLith is based in Melbourne, Australia.

https://www.electralith.com.

https://www.youtube.com/watch?v=yvP9po-A6Uw

About Rio Tinto

Founded in 1873, Rio Tinto is a leading global mining and metals company dedicated to discovering, mining, and processing the Earth’s mineral resources.  Rio Tinto’s diverse portfolio includes lithium, aluminium, copper, diamonds, gold, industrial minerals, iron ore, and uranium. Rio Tinto operates under a dual listed companies (DLC) structure and is listed as Rio Tinto Limited on the Australian Stock Exchange (ASX) and as Rio Tinto PLC on the London Stock Exchange

https://www.riotinto.com/

About IP Group

IP Group develops world-changing science and technology businesses across life sciences, technology and cleantech. The Group has a strong track record of success, having been the founder investor in a number of high-profile companies including Oxford Nanopore Technologies plc. In Australia and New Zealand, IP Group works in close partnership with the Go8 Universities and the University of Auckland to identify ground-breaking technologies rooted in hard science, which have the most promising commercial potential. IP Group is listed on the Main Market of the London Stock Exchange under the code IPO. 

http://www.ipgroupanz.com

About Mandrake

Mandrake is an ASX-listed explorer that is advancing its large-scale lithium project in Utah’s Paradox Basin. The Company’s lithium venture spans a land area exceeding 93,000 acres (~379km2).

Mandrake has made significant progress in compiling geological and petrophysical data which has allowed it to produce a significant Exploration Target (JORC 2012) for Lithium mineralisation which ranges from 1.7 to 5.6 million tonnes of contained Lithium Carbonate Equivalent (LCE) and is now focusing the exploration efforts towards establishing a maiden Mineral Resource in the near future.

https://www.mandrakeresources.com.au/

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Press Release

UVKXE Releases Anti-Scam Guide, Enhancing User Security Protections

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2 days ago

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November 23, 2024

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DENVER — Recently, the globally renowned cryptocurrency trading platform UVKXE has published its latest anti-scam guide to address the escalating threats of online scams, establishing a comprehensive protective barrier for users worldwide. The guide focuses on various scamming tactics prevalent in the cryptocurrency sector, highlighting what users should be aware of during transactions and asset management, while also providing effective preventive measures.

Kevin Anderson, CEO of UVKXE, noted: “As the cryptocurrency market continues to expand, more cybercriminals are turning their attention to cryptocurrency users, developing sophisticated scam techniques. As a well-known platform in the cryptocurrency trading field, UVKXE has a responsibility to help users identify and mitigate these potential risks. Through the release of this anti-scam guide, we aim to further enhance user awareness and safeguard their digital asset security.”

The guide outlines the common characteristics of these scams, such as phishing emails that typically use UVKXE or similar official-sounding names, along with forged logos and links, to deceive users into providing their login credentials and sensitive information. It also advises users to always choose official channels when downloading applications to avoid malicious software. Furthermore, UVKXE emphasizes that the platform will never proactively request users to provide sensitive information such as passwords or verification codes in any form.

In addition to the anti-scam guide, UVKXE will launch a series of interactive activities, utilizing community forums and video tutorials to educate users about safety knowledge and help them recognize and respond to potential threats. The UVKXE security team stated that these activities will not only provide real-time updates on scams but also offer users opportunities for direct communication and inquiries.

The investment in technology and education is reflected not only in the publication of the anti-scam guide but also in daily operations and maintenance. Kevin Anderson concluded: “Every protective measure and security technology implemented by UVKXE is designed to ensure the safety of user assets. In the future, we will continue to advance this mission, providing users with safer and more convenient cryptocurrency trading services.”

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

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Press Release

UVKXE Clarification Statement: A Legally Compliant Trading Platform with International Accreditation

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2 days ago

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November 23, 2024

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DENVER — Recently, the Securities Commission Malaysia (SC) published a list on its official website of cryptocurrency trading platforms that have not met its local registration requirements, mentioning UVKXE. UVKXE takes this matter seriously and wishes to clarify its credentials and compliance status to its users.

Global Compliance Credentials of UVKXE

UVKXE is committed to operating under legal and compliant principles, upholding a user-first core value. The platform has obtained several certifications from international authoritative regulatory bodies, including but not limited to:

U.S. MSB License
UVKXE has obtained the MSB license issued by the U.S. FinCEN. This certification represents the highest recognition by the U.S. government for financial service institutions, ensuring that UVKXE can legally conduct cryptocurrency-related business.

U.S. SEC License
As one of the few cryptocurrency trading platforms registered with the U.S. Securities and Exchange Commission (SEC), UVKXE complies with securities and investment-related legal regulations, providing users with a safer and more transparent investment environment.

Background on the Malaysian Public List

The list published by the Securities Commission Malaysia mainly targets trading platforms that have not met local registration requirements, such as Binance and Bursa Malaysia, rather than denying the platform legality. UVKXE has obtained multiple authoritative licenses internationally, and its compliance is beyond doubt. UVKXE is in communication with relevant departments to understand local specific regulations and to advance the registration process, ensuring compliance with local market requirements.

Commitment to Legal Compliance and User-Centric Values

UVKXE will use this event as an opportunity to further enhance its global compliance framework, actively adapting to regulatory environments in various countries, and providing users with more professional and diversified financial services. We sincerely thank all users for their trust and support! UVKXE promises that no matter where it operates, the platform will always adhere to the core philosophy of “user-first”, moving together with global users towards a safer, more open, and transparent new era of the digital economy.

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

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Press Release

UVKXE Strengthens Security Strategy, Leading Innovations in Anti-Scam Technology for Crypto Platforms

Published

2 days ago

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November 23, 2024

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DENVER — Recently, the globally recognized cryptocurrency trading platform UVKXE officially announced the completion of its latest security system upgrade. This upgrade significantly enhances the cybersecurity defenses of the platform and introduces cutting-edge anti-scam technologies. Through this technological update, UVKXE demonstrates its commitment to user asset security and proactive measures against potential future cyber threats.

Kevin Anderson, CEO of UVKXE, stated: “User trust is the foundation of UVKXE, and ensuring the security of user assets is always our top priority. This security system upgrade incorporates AI deep learning, real-time risk control, and efficient anomaly detection algorithms, aiming to create a safe and trustworthy trading environment for users. We will continue to optimize the security measures for user assets, ensuring that every user can trade confidently on UVKXE.”

The focus of this security system upgrade is primarily on anti-scam technologies. In response to the ever-evolving online threats and scam tactics in recent years, UVKXE has strengthened its multi-layered protective mechanisms, effectively enhancing the security and responsiveness of the system. The upgrade introduces AI-driven anti-scam technology, which intelligently analyzes user behavior through deep learning algorithms, allowing for rapid identification and isolation of suspected scamming activities. The AI anti-scam system can monitor and analyze large volumes of trading data in real time, immediately freezing any suspicious transactions or account activities to safeguard user assets.

Kevin Anderson further explained: “Traditional anti-scam methods often rely on post-event analysis, whereas the new system of UVKXE can identify risks promptly before incidents occur, taking immediate action to prevent losses.”

In terms of anomaly detection, the system of UVKXE combines the transaction histories, asset conditions, login locations, and other multidimensional data of users to accurately pinpoint potential security vulnerabilities. Through anomaly detection technology, each user login and transaction can be monitored in real time, with timely alerts prompting users to confirm actions, further enhancing the security of the platform.

Kevin Anderson concluded: “We hope every user can enjoy a secure trading experience on UVKXE. By continually optimizing our security strategies, we aim to provide a safer and more convenient cryptocurrency trading experience for our users.”

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

About Author

Cloud PR Wire

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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