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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 MrPeterson Mar 04, 2024 7:54am
67 Views
Post# 35912735

RE:Yellen visits Chile

RE:Yellen visits ChileI hope Chris is getting this company where it belongs behind closed doors and getting the money people on board. Plenty of NR on Lithium worldwide. M&A’s happening. Government involvement in the Battery business.
And then we have E3 with a pilot project completed and the company derisked. With 16million tonne + of Lithium on hand and a DLE they are satisfied that is capable, of doing the job and staying green.
This is a great report for expanded demands for Lithium from Chile. Are we as a NAFTA partner also being looked at in the Same frame?
 
In part edited
“LA NEGRA, Chile (Reuters) -U.S. Treasury Secretary Janet Yellen on Saturday predicted expanding demand for lithium. that rising demand for clean energy could generate some $3 trillion in global investment opportunities through 2050.
Yellen said the U.S. was keen to expand domestic production and find other sources of critical minerals like lithium needed. She said she could not comment on the details of the emerging regulatory framework, but companies like Albemarle saw "a very bright future" ahead in Chile. ( Maybe E3 has a very bright future" ahead in Canada).
She said increased purchases of lithium would likely increase U.S. imports from Chile.”
 
We need our PFS released and a good NR to follow it.

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