E3 Lithium Ltd. V.ETL

Alternate Symbol(s): EEMMF

Metals & Mining Industrial Metals & Minerals

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.

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E3 Lithium Ltd. > Its a Tough Hard Road

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Comment by MrInveston Mar 12, 2024 7:42pm

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RE:Its a Tough Hard Road

Who knows who's DLE tech will be used. They could not announce that a few weeks ago but eluded that they would this year. They will also continue to develop their own tech but engineering will be based on 3rd party tech.

I take this as getting built sooner at an additional upfront or OPEX cost. I like the proven tech anduo sooner approach as it brings cashflow in on time. It's also less risk. This might be more appealing to partners as well as any partner wants a good probability of success.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle