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E3 Lithium Ltd V.ETL

Alternate Symbol(s):  EEMMF

E3 Lithium Ltd. is a Canada-based lithium resource company. The Company is focused on commercial development of lithium extraction from brines contained in its mineral properties in Alberta. The Company’s Clearwater Project is located between Red Deer and Calgary 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 16.2 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 MadMaxPerfon Jan 20, 2021 12:52pm
116 Views
Post# 32334274

RE:RE:RE:RE:Comparing to others

RE:RE:RE:RE:Comparing to others

I think primarily proof of design.  Till they have the table top unit in service and about the amount of lithium falls out the backside of it, for about the right recovery, circ rates and econimics as predicted, it is still risk discounted.  When they de-risk all that, look out. It could easily surpass the others. 

huge lithium reserves owned by them.
lowest OPEX/tonne of pretty well any design or process
adaptabability to almost any other area or lithium play.  

it literally could be HUGE. Like crazy huge.  

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