- E3 Lithium (TSXV:ETL) signed an agreement with Pure Lithium to advance a lithium metal anode and battery pilot plant in Alberta
- The two companies will complete a preliminary economic assessment of a commercial lithium metal battery facility combining Pure Lithium’s technology with E3’s lithium concentrate production
- This collaboration will allow both teams to evaluate the technical and economic viability of a commercial lithium metal battery facility next to lithium production in Alberta
- Shares of E3 Lithium Ltd. last traded at C$1.28 per share
E3 Lithium (TSXV:ETL) signed an agreement with Pure Lithium to advance a lithium metal anode and battery pilot plant in Alberta.
The two companies will also work together to complete a preliminary economic assessment of a commercial lithium metal battery facility combining Pure Lithium’s patented vertically integrated Brine to Battery technology with E3’s lithium brines and concentrate production. The combined process hopes to eliminate the need to produce a lithium salt as an intermediary step and could provide a more simplified process flow sheet.
Under their joint development agreement, E3 and Pure Lithium will collaborate to complete a comprehensive techno-economic model, continue their joint efforts in scaling up, and design a lithium metal anode and battery pilot facility near Calgary, utilizing lithium from concentrate produced by E3 over the next 12 months. This collaboration will allow both teams to evaluate the technical and economic viability of a commercial lithium metal battery facility next to lithium production in Alberta. Once complete, the companies will consider the next steps, which may include operating the pilot to produce 200 kg of lithium metal anodes for use in lithium metal vanadium rechargeable batteries. Additionally, if the pilot is successful, they will move forward with the development of the world’s first vertically integrated lithium metal battery technology.
“Integrating the E3 DLE flow sheet with Pure Lithium’s electrodeposition technology shows significant promise to deliver low cost, sustainable batteries that would be industry leading,” Chris Doornbos, CEO of E3 Lithium, said in a statement. “We are very excited to be taking this next step with Emilie and her team to bring the battery out of the lab and into Alberta, an accomplishment that would be a major step towards a commercial Brine to Battery process.”
“Securing a supply of lithium is something all battery and battery material companies have historically struggled to do. We are doing things differently and solving this problem with trusted partners prior to the commencement of battery production,” Emilie Bodoin, founder and CEO of Pure Lithium, added. “After two years of diligent work, E3 has continuously provided Pure Lithium with lithium concentrate and we are excited to use this concentrate as we scale. Producing our lithium metal anodes from concentrate dramatically reduces the cost of battery production and removing the need to prepare anodes for shipping will lead to increased performance in the battery. We are thrilled to be moving this project forward, and to continue working with the fantastic team at E3.”
Back in June 2022, E3 announced that a lithium metal battery had been made by Pure Lithium from its lithium concentrate. At that time, the two companies signed a memorandum of understanding to complete further testing and validation work. Over the past two years, the companies have been collaborating and Pure Lithium has been using E3’s lithium concentrate to produce lithium metal cells that have higher energy density than the lithium-ion batteries currently on the market, and do not contain nickel, cobalt or graphite.
Pure Lithium Corp. is a Boston-based vertically integrated lithium metal battery technology company
E3 Lithium is a development company with a total of 16.2 million tons of lithium carbonate equivalent (LCE) measured and indicated as well as 0.9 million tons LCE inferred mineral resources in Alberta and 2.5 million tons LCE inferred mineral resources in Saskatchewan.
Shares of E3 Lithium Ltd. (TSXV:TL) last traded at C$1.28 per share.
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(Top image: E3 Lithium)