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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 Shackle12on Jul 27, 2023 4:50pm
147 Views
Post# 35560455

Not Pumping

Not PumpingJust a bit of fluff coming on the end of July and E3
forecasting Pilot results next couple of weeks. This is pomising for somebody.
Why not E3??
Read this:
Within a decade, 1 in every 3 cars in the United States will be electric. By 2040, there won’t be any new gas vehicles for sale in America.[1]
Every one of those EVs needs a lithium battery.
We’re talking millions of tons of lithium, every single year. 
In two years, global demand will outstrip supply for the first time in history[2].
Benchmark Mineral Intelligence warns we need 74 NEW lithium mines by 2035[3].
Nobody knows how we’ll fill the gap.  (We do).
Competition to build and acquire these assets is heating up.
Without a solution, Tesla megafactories will be forced to mothball production lines.

GL longs
DD adv. 
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