Proactive - Interviews for investors

Global Energy Metals announces NeoLithica’s direct Lithium extraction pilot program with Geo40

Episode Summary

Global Energy Metals CEO Mitchell Smith joined Steve Darling from Proactive to announce a significant milestone for the company’s strategic partner, NeoLithica Ltd. NeoLithica has entered into a direct lithium extraction (DLE) piloting agreement with Geo40 LLC to test lithium-brine sourced from its Peace River Project in Alberta. Smith highlighted that NeoLithica is currently conducting a strategic evaluation to explore development options that will meet the growing demand for lithium in North America. The Peace River Project hosts one of Canada’s largest inferred lithium brine resources, positioning NeoLithica as a key player in the emerging lithium supply chain. As part of the piloting agreement, NeoLithica transported 7,000 litres of lithium-rich brine from a producing well within the Peace River Project to Geo40’s test facility in Saskatchewan in early February. The goal of this pilot test is to validate Geo40’s innovative DLE technology, which is designed to efficiently extract lithium from brine deposits. The results of the pilot program, expected in the coming weeks, will provide critical data to support NeoLithica’s economic assessment for producing lithium chloride (LiCl) concentrate and high-purity lithium carbonate (Li₂CO₃) suitable for battery applications. Additionally, NeoLithica intends to share the lithium chloride and lithium carbonate chemistry with potential customers for bench-top qualification testing, further advancing its commercialization efforts. With this pilot program, NeoLithica and its partners, including Global Energy Metals, are taking a crucial step toward developing a sustainable lithium supply in Canada, reinforcing their role in North America’s clean energy transition. #proactiveinvestors #globalenergymetalscorporation #tsxv #gemc #otcqb #gblef #Lithium #BatteryMetals #PeaceRiver #Mining #CleanEnergy #DLE #LithiumExtraction #MiningInvestment #NeoLithica #Geo40