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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 britishraceron Dec 06, 2023 10:12am
121 Views
Post# 35770830

RE:RE:Surge in Lithium Stocks Raise Hope Rout in EV Metal Almost D

RE:RE:Surge in Lithium Stocks Raise Hope Rout in EV Metal Almost DI agree with all the above. Interest rates hikes are greatly affecting consumer confidence which will inevitably dely major household purchases (ie: trading up your ICE car to an EV), and if the market becmes sluggish in the transport transition to electric the whole EV and ESS supply chain will suffer. Projects will be delayed until interest rates get lower and the consumer resumes spending. IMO it will get worse before it gets better but this transition will take place and lithium will be in high demand by 2027-2028. So we'll have to hang in there with E3 until they sign an offtake + capital deal to finance the commercial facility.
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