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E3 Lithium Ltd. V.ETL

Alternate Symbol(s):  EEMMF

E3 Lithium Ltd. is a Canada-based development company. The Company is focused on commercial development of lithium extraction from brines contained in its mineral properties in Alberta. Its Direct Lithium Extraction (DLE) on-exchange technology uses a sorbent designed to be selective towards lithium ions. Its technology reduces volumes of low-grade brine into a high-grade lithium concentrate, removing nearly all impurities. This produces a clean product for the development of high purity lithium compounds used in Li-ion batteries. The Company has measured and indicated lithium resources in Canada, with 16.0 million tons (Mt) measured and indicated Lithium Carbonate Equivalent (LCE), hosted in the Leduc Aquifer. In addition, it has 0.9 Mt of inferred mineral resources in its Rocky Area.


TSXV:ETL - Post by User

Comment by SmilingDogon Dec 11, 2020 8:48am
163 Views
Post# 32087001

RE:Grade Discussion

RE:Grade DiscussionThis is spot on - totally agree - it also comes down to their strategy - they are willing to take a higher CAPEX up front to reduce the OPEX for the following decades (smart IMO), which clearly shows when you compare to SLL - which is even more emphasized by the fact that E3's process produces hydroxide vs. SLL's carbonate (hydroxide is extra processing but sells for a higher price and will be more in demand)
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