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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 ratpoysenon Mar 02, 2023 12:16pm
317 Views
Post# 35315348

It looks like the lithium bubble just burst

It looks like the lithium bubble just burstToo bad, this ETC scam isn’t going to be economical at realistic Lithium pricing,
and when the flow rates prove to be 10-20% of the predictions, it’s toidy time...
 
Lithium carbonate prices in China have sunk to a 13-month low of CNY 365,500 per tonne
https://tradingeconomics.com/commodity/lithium
 
China's CATL sells $405 mln stake in Australian lithium miner Pilbara
https://www.reuters.com/markets/deals/chinas-catl-sells-its-stake-australian-lithium-producer-pilbara-2023-03-02/
 
Analysis: Lithium price slide deepens as China battery giant bets on cheaper inputs
https://www.reuters.com/markets/commodities/lithium-price-slide-deepens-china-battery-giant-bets-cheaper-inputs-2023-02-28/
 
NIO Builds Battery Factory, CATL Reacts, Lithium Prices Implode
https://cleantechnica.com/2023/02/28/nio-builds-battery-factory-catl-reacts-lithium-prices-implode/
 
Lithium Prices Tumble to 12-Month Lows
https://www.caixinglobal.com/2023-02-27/lithium-prices-tumble-to-12-month-lows-102002415.html
 
CATL starts battery price war with low-cost lithium offer
https://source.benchmarkminerals.com/article/catl-starts-battery-price-war-with-low-cost-lithium-offer

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