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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 TripleEmon Feb 25, 2024 9:20pm
109 Views
Post# 35898306

RE:RE:My take on the presentation

RE:RE:My take on the presentationWas that the need for lithium is still in demand in North America, with all the companies on the map as of to who is starting a battery factories.
All the information about the demand is slowing down,  but China is using their reserves and still making batteries while other companies are slowing down their production.
In my opinion,  I think there needs to be lithium refineries where lithium is being produced.  As it stands, China has the monopoly on lithium, and is using it to their advantage keeping control of it.
And it looks like is that there is going to be a bunch of factories in North America in need of Lithium, and if North America doesn't have it they will be looking for it somewhere else.
China has the whole lithium platform under 1 roof, North America has corporation not cooperation, and that's the difference. 
So the sooner E3 can get the ball rolling, via another DLE tech or not, the better for E3 and the shareholders. 

JMO,GLTA...
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