Cypress Development Corp. (TSXV: CYP | OTCQX: CYDVF | Frankfurt: C1Z1) has achieved a significant milestone regarding its production of 99.94% lithium carbonate (Li2CO3) made from lithium-bearing claystone from the company’s 100%-owned Clayton Valley Lithium Project in Nevada, USA.
“These are excellent results for the initial iteration of testing and will be incorporated into our on-going Feasibility Study on the Project” stated Bill Willoughby, Cypress President, and CEO.
The Li2CO3 was derived from the intermediate concentrated lithium solution produced at Cypress’ lithium extraction facility in Amargosa Valley, Nevada. Following direct lithium extraction (DLE) at the plant, Saltworks Technologies Inc. completed the processing system design and pilot work to make the Li2CO3.
“We are pleased to receive comprehensive assays validating the extraction process we have designed for our Project. Exceeding the standard for battery grade lithium carbonate checks-off an important goal for the company and its further development of the Project.” Bill added.
Cypress executed pilot operations through to production of ‘three nines’ Li2CO3 that exceeds standard battery grade specifications. All processing was completed with material from the company’s project in an end-to-end automated pilot plant that represents full scale production. Independent analyses of product samples were completed by SGS Canada Inc., with the results showing greater than 99.9 weight-percent (wt%) purity in a scalable representative process.
To find out more please visit www.cypressdevelopmentcorp.com
