A big step.20 Jul 2018 08:45
VRS have managed to take a very big step here.
It may not seem much as it is an appointments based RNS, but I have been investing in lithium for 2 years and anyone with a mine even slightly related to lithium have been shouting from the roof tops. It is ONLY those who.are supplying , mainly to Chinese / Asian firms that have been accepted as having the appropriate grade and quality on a CONSISTENTLY proven pilot and then full extraction that have taken the credability and win the BIG contracts for lithium lce and hydroxide.
Being 'certified' as having some form of consistant grade, quality and ability to supply on time now takes VRS to market at a far stronger level than many Universities, Small caps and graphite mines suggesting they beling in the VRS competitive world ?
Well VRS has just taken a huge step above all others and I am assuming here, but knowing the regulatory bodies in the US and how they view new lithium projects, this kind of news although seeming rather dull WILL really stand out to the top ranking users or take up companies waiting for this kind if news, before they go anywhere near a firm to put in a big contract.
Over usrd term, but I think it is now applicable with VRS, but "watch this space".
LG 2 weeks ago bought into 5 years of lithium supply in Canada with Nemaska Lithium , who have only proven a pilot plant works. They upscale has yet to be tested, but as VRS are doing , are showing consistant grade, quality and supply is achievable.
http://www.lse.co.uk/regulatory-news-article.asp?ArticleCode=6aavux7y&ArticleHeadline=Graphene_Quality_Assurance
GLA.