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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 PuerSimiaon Feb 06, 2024 9:34am
87 Views
Post# 35865005

RE:RE:Will questions be allowed?

RE:RE:Will questions be allowed?
britishracer wrote: Specifically is there the possibility of government grants (Canada and/or USA) for the building of the commercial production facility?


Good question. As everyone knows, the Feds are throwing 10s of billions into EV battery production. It would seem reasonable that they'd increase their investments in the Li mining space. Perhaps Danielle Smith's new office the UCP are setting up in Ottawa can help E3's cause. Li brom brine appears to be gathering interest from companies like Imperial Oil, which appear to have influence on Provincial governments in Alberta.

On a separate note, I see the spot price is up today, after months of softening prices. Hopefully that signals a bottom to the trend:

https://tradingeconomics.com/commodity/lithium


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