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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

Post by biscomanon May 22, 2021 8:41am
203 Views
Post# 33253623

Yet Another DLE Company

Yet Another DLE CompanyLast week, the NY Times ran an article describing what a company called Lilac was doing with Direct Lithium Extraction in the Salton Sea, California. 
Here is an article describing similar methodology being investigated by Vulcan Energy in Germany:

https://cleantechnica.com/2021/05/17/lithium-hydroxide-extraction-a-feasibility-study-from-vulcan-energy/

Good discussion of EU regulations re battery materials. From this I expect that DLE product will see premium pricing regardless of its cost basis.

I was hoping that E3 process was defensible as proprietary, therefore creating a licensing revenue source, but perhaps not.

So we're seeing interest in the process and perhaps E3 is too small yet to be noticed, but sooner or later its name will come bubbling up as more writers find the subject worth pursuing.
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