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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 Loughatorickon Jan 05, 2024 1:29pm
126 Views
Post# 35812784

RE:Where is the government money?

RE:Where is the government money?
I think that the governments will pony up as long as a 3rd party will also put up most of the investment capital. My recollection is that the federal and provincial governments invested $ 285,000 million into E-Molis $ 1,000,000 battery plant in BC. In Becancoeur, the federal and provincial governments provided grants for the GM/POSCO battery plant, but owners would put up majority of capital. E3 doesnt have the funds to build their plant and are likely waiting to investing partner, such as POSCO or Imperial. The PFS will detail the cost of the plant so that E3 can market the concept.
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