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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 Yajneon Sep 09, 2023 12:53am
87 Views
Post# 35627384

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:SLI: 2.8 m/t ....

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:SLI: 2.8 m/t .......furthermore, it appears VLT has production sharing agreement(s) with oil&gas producers and does not actually own the resource which is much smaller than E3's 16MT of Measure and Indicated. I hope VLT is also successful but they currently appear to be at the pre-PEA stage which is years behind E3's current stage of development. 

In the meantime, with results of pilot plant anticipated very soon, E3 will be de-risked with the next step being the PFS and then onward to a fully commercial plant which Chris has hinted may be much larger than the 20,000 tonne per year that their PEA was based on. Fluor is already working on the PFS in parallel with start-up of the pilot plant. 
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