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.

TSXV:ETL - Post by User

E3 Lithium Ltd > For those choosing to exit

<< Previous

Bullboard Posts

Next >>

Comment by Arvid77on Sep 10, 2024 9:00am

73 Views

Post# 36216312

RE:RE:For those choosing to exit

I think you answered your own question - yes, it's for offtake purposes. Whether it's for an already determined partner, or to produce samples for potential partners, remains to be seen. The former would lead to a quicker progression of things, but this demo plant isn't being built because e3 is bored and just needs something to do.

<< Previous

Bullboard Posts

Next >>

Here are three global stocks you should watch