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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 PuerSimiaon Feb 24, 2024 1:18pm
104 Views
Post# 35897250

RE:Thinking of buying an EV?

RE:Thinking of buying an EV?"The vehicle’s battery, meanwhile, consumes an incredible 24 MWh in its manufacturing."

IMO, most consumers aren't concerned about that sort of thing. At least I'm not. I'm more interested in how an EV performs (accerlation, distance on a charge, repair bills, battery charge retention in colder weather, battery retention), and availability of charging stations. From the few EV owners I've talked to, non-geek types, they love their EV (in particular the Mustang... ya, hard to believe - big time city driver who spends most of their workday on the road).

Having said this, the environmental impact of E3's (potential) operations, and other future 'briners', appears to be far less than that of hard rock miners.

Costs per EV will come down in the future, and performance metrics will improve. Just like big screen TVs, computers, induction stoves, etc, etc, etc...

The future is the EV IMO. I'll make the plunge after the technology has gone through a couple of improvement cycles, but many won't. Consumers with money looooovvvveee technology, and will continue to support the advancement of the technology through their purchases. As mentioned in the article, governments will also continue pouring billions into promoting/developing EVs, including the supply chain. The Libs should pump a few hundred mill into E3 just to show up Danielle Smith. That's JT's style.
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