E3 Lithium Ltd V.ETL

Alternate Symbol(s): EEMMF

Metals & Mining Industrial Metals & Minerals

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.

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E3 Lithium Ltd > Lithium price chart

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Comment by Yajneon Nov 09, 2021 7:06pm

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Post# 34107415

RE:RE:Lithium price chart

Absolutely biscoman, and with an opex of $3.6k/ton, that's a seriously healthy 85+% margin! E3's low opex will ensure they remain competitive/profitable, even if LiOH prices drop in the future, although highly unlikely in the next decade or two with ever increasing demand. IMO, E3 could become a very attractive JV or take-over target soon, before they go into field production.

biscoman wrote: This Latest Chart shows Lithium Hydroxide price at $29k/ton.
The E3 website page "Assets" shows calculations based on $14k/ton.
If I liked them at 14k, gotta love them at 29k.

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