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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 My19sixyNineZon Feb 20, 2024 1:24pm
69 Views
Post# 35889238

RE:So what 3rd party tech is so good E3 drops own tech?

RE:So what 3rd party tech is so good E3 drops own tech?
AtoZsports wrote: This close to the finish line and now E3 pulls a 180 to not use it's own tech to go commercial. That on the surface is not a good look. A lot of time and money spent just to head in a different direction. So who is so much better to cause the switch now?

Lilac Solutions? Are they tied up to any other projects? 

KTS has been doing some pretty specatacular work in combo with Century Lithium and would be free to couple with E3. 

I doubt Standard Lithium is going to share it's tech.

Livent has been in DLE for some time, but don't think it is them. 

So what are people's thoughts. Who's tech is so good E3 just pulled a 180 and is not going commercial with it's own tech?

It's not a 180 surprise. Chris has said since June, this was possible @ Start to start producing fastest---- even if there are short-term trade-offs.

Later implement own DLE.
I personally just don't like the continued confidential l, when all other players have laid out their cards.

On-top of multiple other still loose ends not clarified from past pr's.

Will go with 2024 is E3 go at it alone longer than what seemed likely, before the Q4 2023 down turn, into today's market positionings.

Of course Chris knew all this ---- "$3.55".

Using 3rd party DLE is not a big PFS adjustment.
Especially when start pulling co-products.


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