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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 Wanderer1187on Nov 11, 2023 11:11pm
98 Views
Post# 35730629

RE:RE:RE:Only care about enough co-products,

RE:RE:RE:Only care about enough co-products, Yea, we don't have enough information. But I'd also say, they were testing for max flow rate to see which KPI failed first. It turned out to be purity. Where lithium recovery and concentration of lithium in brine dropped linearly, purity dropped exponentially. Since you don't run a system at true max rating, I'd expect a final flow of 12-13 ratio. Drop in the ratio by only 2 or 3 likely increases purity and concentration enough that the extra costs saved to create LHM beat the CAPEX savings of going from 13->15.6 flow rate equivalent commercial plant. Plus it would feasibly give the more control over system purity would likely give them more control over directly separating REEs at the same time rather than running a secondary system
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