E3 Lithium (ETL.V) has been conducting a series of tests to optimize operating parameters. The aim is to reduce the cycle time, which is the duration the sorbent interacts with the brine.
Preliminary Results and Analysis
The tests indicate a potential decrease in the brine-sorbent contact time. This could lead to lower capital and operating costs for the commercial plant. The team is currently analyzing the data from the pilot operation and conducting due diligence reviews.
Once the analysis is complete, E3 Lithium will present the full results. These results will guide the conditions for the extended operating period, set to begin next week. The data from this period will be crucial for the Pre-Feasibility Study (PFS) and Definitive Feasibility (DFS) studies. It will also inform further engineering leading to the construction and operation of the first commercial facility.
Production of Lithium Hydroxide Monohydrate
In addition, E3 Lithium has made progress in its downstream refining test work, producing Lithium Hydroxide Monohydrate (LHM). More details will be shared in the coming weeks.
Despite some insiders selling shares to cover tax liabilities, they remain supportive of the company. E3 Lithium, with its significant lithium resource and innovative technology, aims to deliver high-purity, battery-grade lithium products to power the electrical revolution.
Company Website: https://www.e3lithium.ca
The content presented on this page has been automatically generated and has not been manually verified or edited by our team. While we strive to ensure accuracy, we cannot guarantee the validity, completeness, or timeliness of the information provided. Always consult with appropriate professionals or sources before making any decisions based on this content.