The company says its technology is capable of extracting lithium and other elements very quickly from petrolithium and other brine sources, reducing the physical footprint of large, multi-phase, lake-sized, lined evaporation ponds.
EY’s Canadian Mining Eye index — which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior mining companies — dropped 12 percent in the third quarter of the year when compared to the previous three-month period.