AZL General Discussion, page-18649

And then there are the Canadians who buy their pilot plants in Australia and ship them to the prairies . . .

CALGARY, Alberta, Nov. 09, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank” or the “Company”) is pleased to provide a progress update on the commissioning of its continuous Direct Lithium Extraction (cDLE^TM) pilot plant licensed from G2L Greenview Resources Inc. (“G2L”). The exclusive licensing agreement with G2L, a 50/50 G2L Joint venture with Computational Geosciences Inc. (CGI), a subsidiary of the Robert Friedland-chaired Ivanhoe Electric Inc. (NYSE:IE) and Clean TeQ Water (ASX:CNQ), was announced September 11, 2023.

The pilot plant is undergoing final improvements at the Clean TeQ Water facility in Melbourne Australia prior to shipment to Canada. Modifications to the cDLE^TM pilot plant include installing new high efficiency pumps, upgrading certain components for high temperature brines (up to 80 degrees Celsius), as well as various mechanical and electrical improvements. When these modifications are complete (expected November 2023), the pilot plant will be packed into four shipping containers and transported to LithiumBank facilities, currently being constructed in Calgary AB, Canada.

LithiumBank’s pilot plant is expected to test G2L’s DLE technology at reservoir temperatures at a rate of up to 10,000 L per day. It will provide the necessary design parameters to include the technology in feasibility studies for LithiumBank’s Alberta and Saskatchewan lithium development properties. Demonstrating G2L technology at this scale enables significant de-risking of the commercial design and is a crucial step in unlocking the value of LithiumBank’s multi-district portfolio of direct brine assets. LithiumBank intends to pilot brine sourced from over 2.1M acres of its Alberta projects, Boardwalk and Park Place, as well as from Estevan, Kindersley and South in Saskatchewan. Piloting is expected to take place over a 12-18 month period and is anticipated to commence in Q1 2024 after the plant has been reassembled at the Company’s facility.