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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 Mar 26, 2024 3:02pm
82 Views
Post# 35953690

RE:EV sales still on the upswing

RE:EV sales still on the upswingChina EV sales may be up but what E3 wants to be a part of is a North American EV supply chain to go againts China who may very well be dropping bombs on american ships in the Taiwan Straight in the next few years. So Chinese EV's will stay in China despite the fact that are building capacity in Mexico to circumvent US trade sanctions, a move that is being blocked as we speak in the US Capitol. So I think that China's EV market has no bearing on the building of a separate and competing EV supply chain in North America and friendly countries like Australia and Europe. What we have to keep an eye on is the US/Canada/Europe EV market, and it is not quite so rosy.
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