LithiumBank Reports >99% Impurity Removal, >3,000 mg/L Lithium in Eluate and Production of Battery Grade Lithium Carbonate from DLE Pilot Testing in Calgary, Alberta
Original announcement by tmx on
- Company
- LithiumBank Resources Corp.
- Ticker
- LBNK
- Exchange
- TSX
- Region
- Alberta
- Primary commodity
- Lithium
- Secondary commodities
- Calcium, Potassium, Magnesium, Sodium, Strontium, Barium
- Document categories
- Metallurgy
- Extracted
- 2026-08-25 19:02:16 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
LithiumBank has successfully completed the desorption component of its DLE pilot plant testing in Calgary, producing battery-grade lithium carbonate with >99.95% purity. The process achieved an average eluate lithium concentration of >3,100 mg/L and demonstrated high impurity rejection using sulfuric acid.
Reasoning: The pilot testing successfully demonstrated the ability to produce high-purity battery-grade lithium carbonate from brine with high concentration and impurity rejection using low-cost reagents.
Positive factors
- Successful production of battery-grade lithium carbonate (>99.95% purity)
- High lithium concentration in eluate (>3,100 mg/L)
- Excellent impurity rejection (>99%)
- Use of low-cost sulfuric acid for desorption
- QA/QC protocols disclosed including use of AGAT Laboratories and standard reference materials
Negative factors
- Pilot scale testing (not commercial scale)
Facts used in scoring: 6
Classification and evidence
High Recoverypositive
Recovery at or above the exceptional band for the commodity and processing route.
Why it applies: Achieved >98% lithium recovery during pilot testing.
Evidence · text
“successfully achieved >98% lithium recovery”
QA/QC Disclosedpositive · Story-specific tag
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release mentions use of standard reference materials, duplicates, and AGAT Laboratories.
Evidence · text
“standard reference material was used on a regular basis as well as duplicate samples”
Extracted facts
Stored fact records: 6. Some facts used in scoring do not have a stored record.
Metallurgical Results (6)
DLE pilot plantlithiumRecovery: 98 %Head Grade: 71.8Head Grade Unit: mg/LHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Commodity
- lithium
- Ticker
- LBNK
Test Work
- Program Status
- preliminary
- Test Type
- DLE pilot plant
- Processing Route
- adsorption and desorption using sulfuric acid
- Sample
- composite eluate (average)
Recovery
- Recovery
- 98 %
- Recovery Basis
- actual_test
- Head Grade
- 71.8
- Head Grade Unit
- mg/L
Lab
- Laboratory
- AGAT Laboratories
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
Dates
- Event date
- 2024-12-05T00:00:00.000Z
Reasoning: High recovery achieved during pilot testing.
Positive factors
- 98% recovery reported
Evidence · text
“successfully achieved >98% lithium recovery”
Fact 2lithiumHead Grade: 173579Head Grade Unit: ppmView all detailsHide details
Identity
- Commodity
- lithium
- Ticker
- LBNK
Test Work
- Sample
- recrystallised lithium carbonate
Recovery
- Head Grade
- 173579
- Head Grade Unit
- ppm
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2024-12-05T00:00:00.000Z
Reasoning: Production of 99.95% pure lithium carbonate is a major technical milestone.
Positive factors
- Battery grade purity achieved
Evidence · table
“173,579”
Context: 173,579
Fact 3calciumHead Grade: 32.5Head Grade Unit: ppmView all detailsHide details
Identity
- Commodity
- calcium
- Ticker
- LBNK
Test Work
- Sample
- recrystallised lithium carbonate
Recovery
- Head Grade
- 32.5
- Head Grade Unit
- ppm
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2024-12-05T00:00:00.000Z
Reasoning: Significant reduction from eluate levels.
Positive factors
- Very low calcium levels in final product
Evidence · table
“32.5”
Context: 32.5
Fact 4potassiumHead Grade: 5Head Grade Unit: ppmView all detailsHide details
Identity
- Commodity
- potassium
- Ticker
- LBNK
Test Work
- Sample
- recrystallised lithium carbonate
Recovery
- Head Grade
- 5
- Head Grade Unit
- ppm
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2024-12-05T00:00:00.000Z
Reasoning: Impurity rejection successful.
Positive factors
- Minimal potassium in final product
Evidence · table
“<5”
Context: <5
Fact 5magnesiumHead Grade: 9.3Head Grade Unit: ppmView all detailsHide details
Identity
- Commodity
- magnesium
- Ticker
- LBNK
Test Work
- Sample
- recrystallised lithium carbonate
Recovery
- Head Grade
- 9.3
- Head Grade Unit
- ppm
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2024-12-05T00:00:00.000Z
Reasoning: Impurity rejection successful.
Positive factors
- Low magnesium in final product
Evidence · table
“9.3”
Context: 9.3
Fact 6sodiumHead Grade: 38.9Head Grade Unit: ppmView all detailsHide details
Identity
- Commodity
- sodium
- Ticker
- LBNK
Test Work
- Sample
- recrystallised lithium carbonate
Recovery
- Head Grade
- 38.9
- Head Grade Unit
- ppm
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2024-12-05T00:00:00.000Z
Reasoning: Impurity rejection successful.
Positive factors
- Low sodium in final product
Evidence · table
“38.9”
Context: 38.9
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.