Mandrake Resources Limited (ASX: MAN) finalized a significant Lithium Brine Supply Agreement with Electroflow Technologies, Inc. As part of this exclusive deal, Mandrake will be the sole supplier of brine from its Utah Lithium Project to Electroflow's DLE pilot plant. Managing Director James Allchurch states that Electroflow has achieved an outstanding 92% repeatable lithium recovery and conversion to lithium hydroxide without chemical pre-treatment.
This landmark agreement will facilitate the transfer of a significant volume of Utah Lithium Project brine to Electroflow's pilot plant, providing vital data on the recovery and purity of lithium hydroxide on a larger scale. Furthermore, it will offer valuable insights into the commercial aspects, including processing costs.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.