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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

Post by Yajneon Aug 20, 2024 2:27pm
203 Views
Post# 36188393

Got to dig deeper!!

Got to dig deeper!!..to understand the significance of this NR. Pure Lithium is not planning to produce the old 'run of the mill battery', they will produce next generation lithium batteries. This paragraph from Pure's NR annonouncing their patent:

Lithium metal batteries, invented in 1977 by Nobel laureate Professor Sir M. Stanley Whittingham, who Pure Lithium has a joint battery patent with, have been long regarded as the "Holy Grail" of energy storage, boasting 3861 mAh/g in the metal anode, versus 372 mAh/g in today's graphite anode. However, they never saw mass adoption due to cost, production and quality issues. While commonly used lithium metal foils are sufficient for today's primary battery market, this method cannot support lithium metal electrode production for the next generation of rechargeable lithium metal batteries, those which will supplant today's lithium-ion technology.
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