LithiumBank Signs MoU With ZS2 Technologies to Capture and Permanently Sequester CO₂ and Co-Produce Magnesium and Calcium From Boardwalk Brine
CALGARY, Alberta, April 13, 2023 (GLOBE NEWSWIRE) — LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank” or the “Company”) is pleased to announce it has signed a Memorandum of Understanding “(MoU”) with ZS2 Technologies Inc. (“ZS2”). The MoU will enable ZS2 to deploy their proprietary and patented CO2 Direct-Air-Capture (“DAC”) technology to capture carbon dioxide emissions from the Boardwalk and Park Place projects in central Alberta, Canada. ZS2 will also further process treated brine to collect magnesium (Mg) and calcium (Ca) for use in their proprietary magnesium cement products.
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