Lithium Chile Signs Agreement with Summit Nanotech to Advance Technology for Green Lithium Extraction

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Jun 16, 2020
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CALGARY, AB / ACCESSWIRE / June 16, 2020 / Lithium Chile Inc. ("Lithium Chile" or the "Company") is pleased to announce it has signed a Letter of Intent (LOI) with Summit Nanotech Corporation for the advancement of their green lithium extraction technology in Chile. Summit Nanotech has developed a patent pending extraction process that allows for the rapid production of lithium from natural brine sources. Its technology is state of the art and shows great promise for the economical production of lithium while significantly reducing the overall environmental impact of lithium mining. The collaboration will set new standards for responsible lithium production, which is growing more important given the global rise in demand for lithium ion batteries for renewable energy and electric vehicles.