(via TheNewswire)
Significant results that validated proof of concept of the technology include:
Simultaneous lithium extraction and lithium carbonate precipitation in a brine
Process time of approximately nine (9) minutes;
Direct production of lithium carbonate at very low concentrations;
Selective formation of lithium carbonate;
Collection of lithium carbonate particles larger than forty-five (45) microns; and
Indication of potential storing of carbon dioxide and no freshwater usage, benefiting the environment.
Dr. Jinichiro Nakano of MatterGreen LLC stated “The objective is to commercialize OWL’S technology that rapidly, economically and environmentally extracts lithium and simultaneously generates lithium carbonate directly in a brine using the advanced carbonation process, and thus to minimize environmental burdens by eliminating the need of common consumables required in existing extraction & mineralization practices.”
Doug Fulcher, President and CEO of OWL allowed “These results will assist
About
On behalf of the Board of Directors of One World Lithium Inc.
“Douglas Fulcher”
President and Chief Executive Officer
For further information please visitwww.oneworldlithium.comor emailinfo@oneworldlithium.com
or call1-888-280-8128
Forward-Looking Information: This press release may include forward looking information within the meaning of Canadian securities legislation. Forward looking information is based on certain key expectations and assumptions made by the management of the OWL, including,but not limited to: (I) the ability of the OWL & MG to further its R&D, following its bench test to change the lithium extraction industry, and (II) OWL’s abilities to commercialize its Direct Lithium Extraction (“DLE”) technology. Although OWL believes that the expectations and assumptions on which such forward looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because OWL can give no assurance that they will prove to be correct. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from the those anticipated in such statements, important factors that could cause actual results to differ materially from the company’s expectations include: (I) inability of OWL to commercialize its DLE technology (II) OWL’s inability to execute its business plan and raise any required financing, (III) risks and market fluctuations common to the mining industry and lithium sector in particular, and (IV) advancements in other new separation technologies.The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, some of which are beyond the control of the OWL. The reader is cautioned not to place undue reliance on any forward-looking information contained in this press release.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Copyright (c) 2023 TheNewswire - All rights reserved., source