Alpha Lithium Appoints Expert Metallurgical Process Development Leader
09 Juin 2021 - 3:00PM
Alpha Lithium Corporation (TSX.V: ALLI) (OTC: ALLIF)
(Frankfurt: 2P62) (“
Alpha” or the
“
Company”), sole owner of one of the last large,
undeveloped salars in Argentina’s Lithium Triangle, is pleased to
announce the appointment of Ron Molnar, Ph.D., P.Eng., to the
Company’s Board of Advisors. Dr. Molnar has also been selected as
the project leader and qualified person (“QP”) to oversee the
development of a proposed lithium processing program as part of the
Company’s strategic commercialization plans for its growing South
American assets.
Ron Molnar has been a valued member of the
technical team developing and commissioning a first-of-a-kind
industrial-scale direct lithium extraction demonstration plant in
North America. The plant is being used for proof-of-concept and
commercial feasibility studies under the auspices of Standard
Lithium Ltd. The scalable, environmentally friendly process
eliminates the use of evaporation ponds, reduces processing time
from months to hours and greatly increases the effective recovery
of lithium. Dr Molnar’s expertise is highly relevant to the direct
lithium extraction methods proposed for Alpha Lithium’s projects in
Argentina.
Dr. Molnar’s career as a professional
metallurgical engineer (Ontario P.E.# 100111288) specializing in
solvent-extraction and ion-exchange processes has spanned over 35
years’ experience in hydrometallurgical bench and pilot plant
testing. Dr. Molnar has built and operated more than 60 pilot plant
circuits extracting a wide range of metallic elements and has also
designed and built over 20 custom solvent extraction pilot plant
circuits for use in specific projects and general testing. His
efforts include test program design, management and supervision,
pilot plant design, management, and operation (including operator
training), as well as data analysis for bench-scale and pilot plant
programs.
Ron is a life-member and fellow of the Canadian
Institute of Mining, Metallurgy and Petroleum (CIM), and has
authored and co-authored numerous publications and oral
presentations, He founded MetNetH2O Inc., an independent
consultancy based in Ontario, Canada specializing in solvent
extraction and ion exchange process testing and development. Dr.
Molnar received his Bachelor of Engineering in Metallurgy from
McGill University and received a PhD in Metallurgy at Imperial
College, Royal School of Mines, London England.
Dr. Molnar will play a key role as project
leader overseeing all phases of lithium process testing activities
and will act as Alpha Lithium’s Qualified Person (QP) when
reporting technical process testing work and results.
Brad Nichol, President and CEO, commented,
“Doctor Molnar’s brilliant career has not been limited to getting
Standard Lithium’s extraction plant commissioned, he has also been
instrumental in the design and optimization of many large
installations at several other blue-chip companies worldwide. We
are extremely lucky and proud to welcome Dr. Molnar to our team and
look forward to his expertise as we continue our expansion in the
Tolillar and Hombre Muerto salars of Argentina.”
ON BEHALF OF THE BOARD OF ALPHA LITHIUM
CORPORATION
“Brad Nichol”
Brad NicholPresident, CEO and Director
For more information:Alpha
Lithium Investor Relations Tel: +1 844 592
6337info@alphalithium.com
About Alpha Lithium (TSX.V: ALLI) (OTC: ALLIF)
(Frankfurt: 2P62)
Alpha Lithium is a growing team of industry
professionals and experienced stakeholders focused on the
development of the Tolillar and Hombre Muerto Salars. In Tolillar,
we have assembled 100% ownership of what may be one of Argentina’s
last undeveloped lithium salars, encompassing 27,500 hectares
(67,954 acres), neighboring multi-billion-dollar lithium players in
the heart of the renowned “Lithium Triangle”. In Hombre Muerto, we
are expanding our foothold in one of the world’s highest quality,
longest producing lithium salars. Other companies in the area
exploring for lithium brines or currently in production include
Orocobre Limited, Galaxy Lithium, Livent Corporation, and POSCO in
Salar del Hombre Muerto; Orocobre in Salar Olaroz; Eramine
SudAmerica S.A. in Salar de Centenario; and Gangfeng and Lithium
Americas in Salar de Cauchari. Find out more at:
https://alphalithium.com/.
Forward-Looking Statements
This news release contains forward-looking
statements and other statements that are not historical facts.
Forward-looking statements are often identified by terms such as
"will", "may", "should", "anticipate", "expects" and similar
expressions. All statements other than statements of historical
fact, included in this news release are forward-looking statements
that involve risks and uncertainties. There can be no assurance
that such statements will prove to be accurate and actual results
and future events could differ materially from those anticipated in
such statements. Important factors that could cause actual results
to differ materially from the Company's expectations include the
results of further brine process testing and exploration and other
risks detailed from time to time in the filings made by the Company
with securities regulators. The reader is cautioned that
assumptions used in the preparation of any forward-looking
information may prove to be incorrect. Events or circumstances may
cause actual results to differ materially from those predicted, as
a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company.
The reader is cautioned not to place undue reliance on any
forward-looking information. Such information, although considered
reasonable by management at the time of preparation, may prove to
be incorrect and actual results may differ materially from those
anticipated. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made
as of the date of this news release and the Company will update or
revise publicly any of the included forward-looking statements as
expressly required by applicable law.
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Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release. No securities regulatory
authority has reviewed nor accepts responsibility for the adequacy
or accuracy of the content of this news release.
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