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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 My19sixyNineZon Aug 30, 2023 5:33pm
193 Views
Post# 35612804

Timeline it:

Timeline it:
 
*April 21, 2022:
"moving forward from the Company's DLE lab-pilot prototype which has delivered successful results of up to 97% lithium recovery across multi-cycle testing." 
 
( we now know 2023 KPI target is 80%. Chris said that is industry standard)
 
*Aug 23rd, 2022 43-101 Pg 51:
"In addition, the sorbent’s performance has been consistent from batch testing to flow column testing"
 
*May 16th, 2023:
"E3 will also conduct a pre-pilot reservoir test that will add to our understanding...."
 
*Aug. 23rd, 2023:
"The testing was conducted to treat a sample of concentrate, or eluate, produced by DLE technology.
 
“Producing high quality carbonate from our Leduc brines with a major equipment vendor is an incredibly exciting milestone for the Company,“
 
*Aug. 29th, 3023:
"Each DLE system has demonstrated it is operating as expected based on the performance metrics established during pre-pilot testing."
 
"E3 Lithium will provide updates as operations progress and will share results, measured against its previously outlined Key Performance Indicators, as they become available."
 
Per Chris, the recovery is 10 minutes. KPI's only include concentrate quality & do not include Lithium Hydroxide product.
 
KPI data pre-hydroxide, could come much sooner than expected, is my bet.
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