Enertopia CEO | Patent-pending Process for Lithium Extraction from Brines

TL;DR

Entopia Corporation is working on a patented process to extract lithium from brines, with upcoming milestones including bench test results in May and potential revenue from licensing rights.

Transcript

this is Gillian Morris from the investing news network here today at PDAC 2018 I'm here with Robert McCallister president and CEO of enter topia Corporation trading on the CSE under t.o.p and the oTCQB under e n RT thank you for joining me Robert thank you James good to be here at P doc in 30 seconds or less can you give us a breakdown of your comp... Read More

Key Insights

• 💦 Entopia Corporation is focused on extracting lithium from brines using a patented process developed by Genesis water technologies.
• 😌 The company's value proposition lies in the ability to produce battery-grade lithium carbonate in a short timeframe.
• 👻 Their unique property in Clayton Valley allows them to control and reduce the presence of magnesium in the lithium brine.
• 🗯️ Upcoming milestones for Entopia include bench test results for lithium grade purity in May and potential revenue from licensing rights.
• 🛄 The company aims to establish their own production facility in the future.
• 💐 Entopia's modular design offers scalability and cost-efficiency as cash flow increases.
• ⌛ Their technology has the potential to disrupt the industry by significantly reducing extraction time and cost compared to traditional methods.

Questions & Answers

Q: Can you explain Entopia Corporation's value proposition to investors?

Entopia is collaborating with Genesis water technologies to extract lithium from brines using a patented process. Their value proposition lies in the ability to produce battery-grade lithium carbonate in a short timeframe, which sets them apart in the industry.

Q: What makes Entopia Corporation's technology unique?

Entopia's technology is modular in design, allowing for scalability and cost-efficiency as cash flow increases. Additionally, their property in Clayton Valley enables them to control and reduce the presence of magnesium in the lithium brine, which is a significant advantage compared to other industry players.

Q: What upcoming milestones can we expect from Entopia Corporation?

The company has a bench test with lithium grade purity scheduled for May, which will be a major milestone. They also plan to conduct a 43-101 on their Clayton Valley project and secure licensing rights for multiple countries, which could bring in revenue. The ultimate goal is to establish their own production facility.

Q: How does Entopia Corporation's lithium extraction process compare to traditional methods?

Unlike traditional methods that take 12 to 18 months and involve a more expensive process, Entopia's modular design and patented process significantly reduce the time and cost required to extract lithium from brines. Their technology has the potential to transform the industry.

Summary & Key Takeaways

• Entopia Corporation is partnering with Genesis water technologies to extract lithium from brines using a patented process.

• The company is currently working on a second phase bench test to produce battery-grade lithium carbonate.

• Entopia's unique property in Clayton Valley allows them to control and reduce the presence of magnesium in the lithium brine, a significant advantage in the industry.