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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 TheWokeLemmingon Aug 21, 2024 11:49am
47 Views
Post# 36189931

RE:RE:This is what we’re looking at

RE:RE:This is what we’re looking at

Arvid77 wrote: So far that deal has been a bust for shareholders, the SP is less now than before the agreement and SLI gave up 45% of its stake. I hope E3 can structure things much better.

 

Sure, but if E3 keeps 55% that's still about $1.3 billion for the project.  Where's that coming from?

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