Unterehmen auf Watchlist setzen
Rain City Resources Inc.
ISIN: CA75080K2092
WKN: A3DL8N
More AI Integrations
Über
Unternehmensprofil
Tipp: Investor-Alerts aktivieren
Lassen Sie sich bei neuen Publikationen informieren
Tipp: AI-Factsheet

Corporate News meets AI! 
Analyse der Inhalte und Zusammenfassung

Rain City Resources · ISIN: CA75080K2092 · Newsfile (ID: 238805)
29 Januar 2025 03:00PM

Rain City Resources Inc. (RAIN) Completes Lithium Pilot Plant


Vancouver, British Columbia--(Newsfile Corp. - January 29, 2025) - Rain City Resources Inc. (CSE: RAIN) (the "Company" or "Rain") is pleased to announce that, pursuant to its option agreement to acquire a 100% interest in Avonlea Lithium Corporation ("Avonlea"), it has commissioned the containerized pilot plant designed to utilize Avonlea's proprietary Advanced Chemical and Cavitation Extraction technology known as "ACCELi" which has been developed for use in the direct lithium extraction ("DLE") industry.

The pilot plant is designed for a pre-commercial trial with a flow-rate capacity of 150 barrels-per-day. Following a successful wet test recently completed in Calgary, the plant is now fully prepared for shipping in three 40-foot containers and will require a three-day set-up with a five-person crew. Additionally, the Company is pleased to announce that Avonlea is in advanced discussions with a US-based water treatment operator to secure a permitted site location for the pilot plant.

About ACCELi

The ACCELi process recovers lithium from brine through a process known as cavitation, creating chemical reactions that target lithium ions, bringing them out of solution into a high purity, powdered product. This proprietary process has been successfully and commercially deployed by Avonlea in the water purification sector, treating over 20m barrels of fluid over a four-year period. Products generated through the ACCELi process include magnesium hydroxide, calcium carbonate and lithium phosphate, which can be easily converted to lithium carbonate. All products are highly marketable and treated brine is cycled back into the reservoir.

Competitive features of ACCELi compared to other technologies:

  • Produces a better than 97% pure Li3PO4 (lithium phosphate) solid product without additional steps;
  • Does not require fresh water and can generate fresh water in some applications;
  • Does not require input heat, it generates heat via the process;
  • In addition to lithium removal, the ACCELi process also generates additional saleable products; (eg: Mg(OH)2 (magnesium hydroxide) and CaCO3 (calcium carbonate)
  • Operating costs at or below DLE comparables
  • Very low Capex relative to comparables and easily scalable

About Us

Rain City is an integrated lithium technology and project development company committed to solving the environmental, social, and economic issues associated with extracting lithium from brine.

FOR FURTHER INFORMATION CONTACT:

Benjamin Hill  David Shaw
Chief Executive Officer
Chairperson

 

RAIN CITY RESOURCES INC.
Website: www.raincityresources.com
Email: info@raincityresources.com
Telephone: 778-819-3792

Cautionary Statement Regarding Forward-Looking Information

This news release may include certain "forward-looking statements" under applicable Canadian securities legislation.

There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward- looking statements, whether as a result of new information, future events or otherwise, except as required by law. There can be no assurance that proposed operations will be successful or that the anticipated financial, economic or strategic benefits will be realized.

Neither the Canadian Securities Exchange nor its Regulation Service Provider (as the term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy of accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/238805

]]>
Visuelle Wertentwicklung / Kursverlauf · Rain City Resources
Smarte Analyse- und Recherchewerkzeuge finden Sie hier.
MIC: XCNQ
Power-Shortcuts

Rain City Resources Inc.
Diese Publikation wurde durch unseren Content-Partner Newsfile Corp. zur Verfügung gestellt
Newsfile Corp
via Newswire and Regulatory Filing Service
  ©2025
Newsfile Corp - A TMX Company
Kontakt:
15 Toronto St., Suite 602, Toronto, Ontario M5C 2E3, CA
+416-806-1750