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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.


TSXV:ETL - Post by User

E3 Lithium Ltd > Ask Bing
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Comment by Dibah420on Aug 21, 2023 12:18pm
86 Views
Post# 35597990

RE:Ask Bing

RE:Ask Bing
Alexshipman wrote: Ok kind of crazy I know but fun no matter. I asked a popular AI machine about Lithium ventures in the Province of Alberta. Here is what it said: 

" Yes, the Government of Canada is investing in E3 Lithium to advance Canada’s EV battery production. This investment will help create battery-grade lithium in Canada and add to the domestic EV battery supply chain. The investment will support E3 Lithium’s $87 million project for the construction of a demonstration plant specializing in lithium production. This facility will be the first step toward a full-scale lithium production plant that will produce up to 20,000 tonnes of battery-grade lithium. This will enable the development of a sustainable, long-term source of lithium supply, which is critical to building electric vehicles and an anchor in the North American supply chainAd1."

I hope this helps!




The "investment"  by the GoC, if I remember correctly, amounted to $23m  back in January of this year.

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