MVP Lithium Partners With Evove Ltd to Launch a Direct Lithium Extraction Plant in 2025
CALGARY, Alberta–(BUSINESS WIRE)–Midas Vantage Projects (MVP) Lithium Limited, the world’s leader in green solutions for lithium extraction, announces the receipt of an official Letter of Intent (LOI) from Evove Ltd, a leading UK-based company in clean energy solutions. The LOI outlines Evove’s commitment to commissioning MVP Lithium’s state-of-the-art DLE plant in 2025 subject to processing brine at industrial scale on Evove’s equipment at their testing facility in the UK and on-site demonstration.
MVP Lithium’s resource in the Montney Formation in Canada is a promising new source of lithium, a critical material for the rapidly growing electric vehicle and energy storage industries. With the demand for lithium expected to surge in the coming years, this partnership with Evove will position MVP Lithium at the forefront of sustainable lithium production.
Evove Ltd Chief Commercial Officer, Andrew Walker, says:
We believe Evove’s DLE technology aligns well with Midas Vantage Projects (MVP) Lithium Limited’s project requirements in the Montney Formation, based on the data provided following lab testing and subject to processing brine at industrial scale on our equipment and on-site demonstration,
The DLE technology, set to be deployed in 2025, is known for its efficiency and environmentally friendly methods of lithium extraction. The plant will utilize cutting-edge technology to produce high-purity lithium, ensuring that MVP Lithium can meet the global demand for this crucial material while maintaining a commitment to sustainability.
MVP Lithium CEO Max Iyer, says :
This project underscores our dedication to innovation and environmental responsibility,
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MVP Lithium Partners With Evove Ltd to Launch a Direct Lithium Extraction Plant in 2025, source
