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 > E3 Lithium adds 2.5M tonnes LCE in Saskatchewan

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Comment by Wanderer1187on May 23, 2024 12:30pm

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RE:RE:E3 Lithium adds 2.5M tonnes LCE in Saskatchewan

And we're at a current lithium price of almost $15k/ton which is at least 10% better price than the PEA so we can assume even a $900M project value (again not how the profit works here and NPV works, just quick adjustments and being conservative)

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Advancing flagship Ishkõday Gold Project in Ontario