Pure Energy Minerals Signs Cooperation Agreement with Phoenix Water

Pure Energy Minerals (TSX:PE, FWB:AHG) has entered into a mutual cooperation agreement with Phoenix Water, an Australia-based technology company with proprietary processing technologies for lithium and other by-product minerals.

According to the company’s press release:

PURE and PHOENIX have agreed to discuss and determine opportunities to jointly collaborate and to propose the first location for the installation, testing and demonstration of the PWT at or near PURE’s mineral claims in Esmeralda County, Nevada, USA.

Robert Mintak, CEO of Pure Energy commented:

We are very pleased to sign this Agreement with PHOENIX. When talking about mining for resources, there is always an environmental concern that we must be aware of. Lithium mining carries high environmental costs as the conventional evaporation process of recovering lithium from brine causes the loss of tens millions of gallons of water to the atmosphere every year in some of the most arid locations on the globe. The patented PWT design utilizes a unique evaporative process for recovering large volumes of pure water from super-saline brines, such as the lithium rich brines that occur in the Clayton Valley area. PWT has the potential for valuable decreases in processing time for lithium, whilst reducing and possibly eliminating the huge footprint, cost and environmental issues associated with evaporation ponds and the pure water resulting from the recovery process could benefit local communities, agriculture and industry.

Click here to view the full press release.