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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 PuerSimiaon Sep 21, 2023 12:47pm
101 Views
Post# 35647657

RE:Flow rate pr's & PEA:

RE:Flow rate pr's & PEA:
My19sixyNineZ wrote:
October 27, 2022 
The production test, which included flowing 400m3/d of brine to surface for five days...

KPI target is 3.
3x's the plant capacity.
1200 targeted flow rate.

PEA filing is 1700 m3d.

Chris has said it flows more than they can handle & in this video, his 1st 2 Q&A comments, are on the flow.

Keep in mind, that KPI is key for Fluor's work & there's 43-101 commenting rules. For years, E3 has worked from this well & Chris has little doubt. So that includes me too, from my arm chair. : ))

https://youtu.be/xdB_5Iuf8fI?si=xGhhcNOKBfEmIxSF


Good link, thanks. Chris is very clear about what a flow rate of 3 or higher means. The 3 is a recovery metric. It puts the other two KPIs into context, and determines the size of the commercial plant required for their DLE process to meet the other two KPIs, and hence the capital costs of a commercial plant.  It would be nice to have him explicitly state that those two KPIs were achieved during a flow rate of 3 or higher. Great KPIs, but under what flow rate were they achieved in this particular pilot plant?
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