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E3 Lithium Ltd. V.ETMC


Primary Symbol: V.ETL Alternate Symbol(s):  EEMMF

E3 Lithium Ltd. is a Canada-based development company. The Company is focused on commercial development of lithium extraction from brines contained in its mineral properties 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 16.0 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 Yajneon Jun 26, 2022 12:32am
274 Views
Post# 34782774

RE:E3 in the Globe & Mail

RE:E3 in the Globe & MailThanks ndiamond for posting the Globe article. The IOL deal has given E3 plenty of new exposure. Below is one highlighted line in the interview of IOL's rep that I think is a good predictor of where the $$$ for commercialization will likely be coming from. This strategic relationship will develop further in the coming months/years and remove pressure from E3 to rely strictly on capital markets for funding it's commercialization. All IMO of course.

“Brine water that would have the lithium within it would be below those traditional, depleted oil and gas opportunities,” Jason Iwanika, Imperial’s director of commercial business development, said in an interview from Calgary. “As we learn from that piloting phase jointly, we can make decisions on commercial opportunities down the road.
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