Stans Energy Seeks International Intellectual Property Rights for Lithium Carbonate Production Technology

Stans Energy (TSXV:HRE) has announced that it will be seeking global distribution rights to the beneficiation and processing technologies developed by its Russian partners for the production of lithium concentrates and lithium carbonate from lithium bearing spodumene.
As quoted in the press release:

As previously reported on October 11, 2016, Stans’ partners’ technical contractor VNIIHT (Leading Institute of Chemical Technology), a research and development division of Rosatom, have developed a complete flow sheet for the production of lithium carbonate from lithium bearing spodumene. A luminescent and poly-chromium photometric sorting technology is used to separate high-grade mineralization from waste rock and then a flotation process is employed to produce 4.48% Li₂0 concentrate.  Pyro- and hydro-metallurgical technology is then used to process this concentrate to produce lithium carbonate, a marketable product. This patentable technology will be licensed for export by Stans and then licensed to other companies in the lithium sector.
“The global demand for lithium continues to escalate and numerous companies in the sector will need the technology that Stans will be licensing to other lithium producers to assist them to meet product requirements from downstream users.  Stans intends to capitalize on the growing demand for lithium products by creating multiple revenue streams from both the sale of lithium carbonate products and the licensing of lithium carbonate production technology,” states Rodney Irwin, CEO and President.

Click here to read the full press release.