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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 Nov 07, 2023 8:10am
132 Views
Post# 35720968

RE:Can't wait to see the commercial team!

RE:Can't wait to see the commercial team!Mgmt's results, which is what counts, have exceeded my expectations. What I find just as encouraging, is E3's strong technical team, as evidenced by the increased flow rate. As mentioned at Investor Day, and in this NR:

"E3 Lithium’s DLE system has demonstrated to achieve a high lithium recovery at much higher flow rate ratios. A higher flow rate ratio can have a significant positive economic impact on the design of a commercial facility for a given recovery. "

AND

"
The information gathered enables E3 Lithium to continue to optimize to refine the quality of E3 Lithium’s DLE concentrate, and it is anticipated the team will improve the purity of the concentrate."

Having proven their ability to improve their technical processes bodes well for the prospect of further optimizations.
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