PWRMF - Buyout Candidate for Top Lithium Producers
April 26 2018 - 9:00AM
InvestorsHub NewsWire
PWRMF – Buyout Candidate for
Top Lithium Producers
Vancouver, Canada -- April 26, 2018 -- InvestorsHub NewsWire --
www.penniesgonewild.com -- a leading independent
micro-cap media portal with an extensive history of providing
unparalleled content for undervalued companies, reports on Power
Metals Corp. (OTC Pink: PWRMF).
Highlights:
Lithium Extraction
Lithium Brine Technology
Acquisition Candidate
PWRMF may not be at these levels much
longer.
See more news on (OTC
Pink: PWRMF) at https://www.otcmarkets.com/stock/PWRMF/news
Aldrin Resource Corporation is a Canadian-based uranium exploration
and development company. The company has assembled an exceptional
exploration property portfolio in one of the most exciting uranium
exploration regions in the world, the Paterson Lake District,
Saskatchewan. Aldrin will continue to identify and target
high-grade basement uranium deposits like those found in the
Athabasca Basin.
Lithium Extraction
Power Metals Corp. (OTC Pink: PWRMF) partner MGX
Minerals Inc. (CSE:XMG) Orion Laboratories
and Light Metals International Inc. jointly develop and
commercialize a new method of extraction of lithium compounds from
spodumene hard rock material or concentrate. LMI has developed a
patent-pending method to rapidly manufacture lithium carbonate
(Li2CO3) and/or lithium hydroxide (LiOH) from a variety of
spodumene-rich (LiAlSi2O6) concentrates. The technology is modular
and highly scalable, thereby enabling a small "factory footprint,"
and holds the potential to decrease overall hard-rock lithium
production costs. Unique features of the technology
include:
- Only three feedstock
materials are required: (i) a spodumene concentrate, to produce
high-purity Li2CO3 and/or high-purity LiOH; (ii) high-purity CO2,
which is consumed in forming Li2CO3; and (iii) high-purity H2O,
which is consumed in forming LiOH.
- Creates three potentially
saleable high-purity products: Li2CO3 and/or LiOH, aluminum
hydroxide, Al(OH)3, and amorphous silica, SiO2.
- Eliminates use of
conventional sulfuric acid leaching
- Modular capabilities allow
for scalable and remote deployment
Lithium Brine Technology
Power Metals Corp. (OTC Pink: PWRMF) partner MGX
Minerals Inc. (CSE:XMG) develops a new
technology that aims to extract lithium from brine 100x faster than
conventional methods. Power Metals Corp. Case Lake lithium project
in Ontario looks to benefit from this technology.
Acquisition Candidate
Power Metals Corp. (OTC Pink:
PWRMF) Case Lake Property located in Cochrane, Ontario
can potentially be worth billions of dollars if the Lithium test
comes back positive from testing. Lithium demand is exploding.
The company and its partners are positioned for a potential buyout
from the following top lithium producers.
(NYSE:FMC), (NYSE:ALB), (NYSE:SQM), (NSQ:TSLA), (NYSE:LAC), (TSE:NMX), (CVE:AAL)
Conclusion
PWRMF may not be at these levels much longer.
See more news on (OTC
Pink: PWRMF) at https://www.otcmarkets.com/stock/PWRMF/news
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