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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 donteatbeyond2on Aug 30, 2024 9:41pm
100 Views
Post# 36203701

RE:New Press Release - E3 Lithium Files Second Quarter 2024 Financial Statements and MD&A

RE:New Press Release - E3 Lithium Files Second Quarter 2024 Financial Statements and MD&AE3 Lithium spends more money on marketing then on R&D. No wonder their DLE technology isn't economically viable. They need to spend another $13 million on a demo plant to test third party technology then another $10 million for a feasibility study. Maybe Chris should spend less money on trips to the Bahamas on the company dime and more on building a viable business that doesn't rely on government support. #ABGovernment
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