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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 My19sixyNineZon Nov 09, 2023 6:33pm
103 Views
Post# 35727211

RE:RE:RE:Alberta Battery Hub just got even more possible

RE:RE:RE:Alberta Battery Hub just got even more possible
Wanderer1187 wrote: Apparently NW Alberta brines have identified REEs: https://issuu.com/redi-northwest-alberta/docs/redi_business_cases_brochure/s/20538928

Given the likelihood of the contiguous formations to be highly similar in makeup, I'd say there's a good chance there's some there. Whether they're of high enough concentration to be worthwhile to pull out is another story obviously, but still, given this business case made by REDI, I'd say more likely than not. But I also think they'd only make up something like 5-10% ish of revenue vs lithium, or we'd have already had an announcement about a big find that would move the needle substantially.

I did a post lastvweek on the Alberta Geological saying substantial REE's are in the brine.

There's also a recent AB govt video mention of future scoping too....

But....you're thinking say 5-10%

Remember, they would be brought to surface for free.
No need to grind, crush. Use a magnetic seperator / air nozzle, conveyor belt....then further seperation 

I think PEA yearly operating costs was $165m

Chris menrioned possibly magnesium....
Any co-products or combo purpose is to hopefully cover the Opx cost of targeted material, so it's basically free


Like the Alberta report said....AB brine is a potential brine hosted powerhouse



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