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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 whateveryousayon Jan 14, 2022 11:07am
148 Views
Post# 34316899

RE:ETMC -- could well be the first in Canada...

RE:ETMC -- could well be the first in Canada...We basically give our resources away for free the stumpage fee for lumber in BC is so low the government loses money in Alberta the oilsands royalty is the worlds lowest at 1% billions of dollars in tax incentives and loans to multinationals is bankrupting many provinces however almost no money is available for new tech and start up venture capital.It is estimated that the 9 billion that the UCP have pumped into big oil has only created about 5000 jobs the math on that is very troubling.It is time for the provinces and the feds to get together with a long term economic plan to kick start the 21 century economy.It is frustrating to hold shares in very promising new companies only to see them fail due to a complete lack of available working capital.It is highly likely that ETMC will be bought by a foreign multinational and Alberta will not glean any economic benefit.The 2021 tax incentives to big oil was estimated at 86 billion that kind of money could transfoirms the worlds energy model.
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