May 18, 2022

Novalith Technologies CEO Steven Vassiloudis on Novel LiCAL Lithium Extraction Tech

Midas Letter
Midas Letter
Novalith Technologies CEO Steven Vassiloudis on Novel LiCAL Lithium Extraction Tech
/

Novalith Technologies uses carbon dioxide to simplify lithium chemicals production. Its novel LiCAL™ lithium extraction technology provides a fast, cost-effective and environmentally friendly means of meeting the rapidly increasing demand for battery-grade lithium chemicals.

The future of lithium mining and refining will require the elimination of carbon-intensive energy sources.

Novalith’s lithium extraction technology uses significantly less equipment, chemical reagents, water and energy than conventional processing, which reduces capital and production costs. The direct use and sequestration of CO2 in producing lithium chemicals also produces a much smaller emissions footprint than existing and alternative processes.

Transcript

⚡️ Novalith Technologies CEO Steven Vassiloudis (00:00)

🏔 Novel LiCAL™ lithium extraction technology (00:35)

⚙️ Extraction process (01:19)

🧪 Pilot testing (02:10)

🧂 Brine-based lithium applications (02:49)

🥇 Lithium grade vs cost of production (04:10)

⏳ How soon until technology is available to hard rock miners? (04:34)

💲 CAPEX (05:12)

💼 Business model for technology (05:36)

🏺 Clay vs spodumene extraction process (06:23)

💰 Average cost of production (07:28)

📈 Novalith investor opportunity (Series A Funding) (08:19)

📆 History of technology (08:55)

Related Articles

Disclosure

Midas Letter is provided as a source of information only, and is in no way to be construed as investment advice. James West, the author and publisher of the Midas Letter, is not authorized to provide investor advice, and provides this information only to readers who are interested in knowing what he is investing in and how he reaches such decisions.

Investing in emerging public companies involves a high degree of risk and investors in such companies could lose all their money. Always consult a duly accredited investment professional in your jurisdiction prior to making any investment decision.

Midas Letter occasionally accepts fees for advertising and sponsorship from public companies featured on this site. James West and/or Midas Letter may also receive compensation from companies affiliated with companies featured on this site. James West and/or Midas Letter also invests in companies on this site and so readers should view all information on this site as biased.