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E3 Lithium (ETL.V) is collaborating with major equipment vendors to refine downstream processes for a commercial facility. The lithium concentrate produced from the DLE field pilot plant operations serves as a resource for continual development and testing of this refining process.
E3 Lithium’s Ambition
Chris Doornbos, President and CEO of E3 Lithium, stated, ‘Our goal is to supply directly to the battery industry. Demonstrating our ability to produce industry quality specification on conventional and standard industry equipment marks an exciting progression. Engineering work on this part of the flow sheet continues to support our Pre-Feasibility Study on the Clearwater Project.’
Verification of Results
Multiple analyses by the vendor, using internal procedures, form the basis of the results summarized above. E3 Lithium is verifying these results with an independent certified third-party laboratory.
About E3 Lithium
E3 Lithium, a development company, holds 16.0 million tonnes of lithium carbonate equivalent (LCE) Measured and Indicated and 0.9 million tonnes LCE Inferred mineral resources in Alberta. The Clearwater Lithium Project, as outlined in E3’s Preliminary Economic Assessment, has an NPV8% of USD 1.1 Billion with a 32% IRR pre-tax and USD 820 Million with a 27% IRR after-tax. E3 Lithium aims to produce high purity, battery grade lithium products to fuel the growing electrical revolution. With a significant lithium resource and innovative technology solutions, E3 Lithium is poised to deliver lithium to market from one of the world’s best jurisdictions.
Company Website: https://www.e3lithium.ca
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