E3 Lithium Ltd V.ETL

Alternate Symbol(s): EEMMF

Metals & Mining Industrial Metals & Minerals

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.

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E3 Lithium Ltd > DLE process to be outsourced

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Comment by Yajneon Feb 20, 2024 10:47am

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Post# 35888820

RE:DLE process to be outsourced

This was a key statement IMO...

"Selecting third party technology allows us to secure a system that is at an advanced stage of commercial readiness, and provides a viable path towards securing supply agreements and project financing for our first commercial facility."

Chris has in the past used "supply agreements" interchangeably. Could he actually mean "off-take" agreements which is actually "supply agreement" for the end user?

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