Quarterly Report - Q4 2022

Just prior to Christmas, our brand-new Lithium Pilot Plant successfully achieved 100 cycles with our proprietary sorbent, operating on low-lithium-grade New Zealand geothermal fluid.

Our work to date has validated to us that we have a compelling technology solution for lithium recovery from low to moderate grade brines. We remain focussed on moving as quickly as possible towards deployment of a demonstration-scale lithium asset in the United States in late 2023 or early 2024.