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 > Lithium M&A Restrictions

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Post by noname100on Jul 09, 2024 12:11pm

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Post# 36124555

Lithium M&A Restrictions

Perhaps ETL's stock price tanked yesterday because of a general fall in critical mineral companies' share prices resulting from Canada placing restrictions on M&A activity in this sector? See this link for details:

https://boereport.com/2024/07/08/canadian-critical-mineral-shares-fall-after-tighter-ma-criteria/

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