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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 Yajneon Aug 06, 2023 6:44pm
148 Views
Post# 35575618

RE:RE:RE:RE:$10 soon

RE:RE:RE:RE:$10 soonDDGuy2030, according to Statista 2022 report of World Lithium reserves, Chile held the largest at 9.3 metric tons. The US in 2022 had a million metric tons. Compare that to E3 measured and indicated reserves of 16 million tons. E3 and Canada are about to hit the world stage, big time, when the success of their DLE process at scale is proven.

Consider this...E3 could build 16 plants capable of 20,000 Mt/yr and run operate them for 50 years before their M&I reserves are depleted. It's kinda hard to comprehend. Chris has several times mentioned that they have enough reserve to scale up production via partners who would front all the capital. Lots of options...this behemoth is just getting started
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