
Lithium #2
E3 Metals Corp. [website], headquartered in Calgary, Alberta, Canada, combines a significant resource with the right technology solutions that have the potential to deliver lithium to market in one of the best jurisdictions in the world.
"E3's goal is to produce battery grade lithium hydroxide that can be used directly within lithium-ion batteries, allowing E3 to fetch top value for our product."
The company's prolific Leduc Reservoir hosts lithium enriched brine with 6.7 million tonnes LCE inferred mineral resource delineated to date. The development of this resource through brine production is a well understood venture in Alberta, where this brine is currently being produced to surface through extensive oil and gas development.
E3 Metals Corp combines a significant resource with the right technology solutions that have the potential to deliver lithium to market in one of the best jurisdictions in the world.
While the lithium brine and hydrocarbons are mutually exclusive, the Leduc Reservoir can support the production of brine few others can boast, with one well having the ability to bring 10,000 m3/day (115 L/s) to surface.
With an average and consistent grade of 77.4 mg/L in the Clearwater Resource Area, E3 Metals' Ion-Exchange Technology can quickly produce a concentrate with a grade of over 1200 mg/L. With 99% of the impurities removed at the same time and recoveries greater than 80%, this produces a concentrate feedstock that is likely to be processed directly by conventional lithium production technology to produce high purity lithium hydroxide (LiOH∙H2O).
Attractive Attributes
- lithium extraction technology that concentrates and cleans the brine
- opportunity to re-purpose existing oil & gas infrastructure
- stable jurisdiction with secure permitting in Alberta
- low environmental impact relative to all current lithium sources
Recent news releases:
Dec 18th, '19: E3 Metals closes tranche 1 of private placement at $907,000 [Link]
Nov 21st, '19: E3 Metals Announces $3 million private placement [Link]
Nov 14th, '19: E3 Metals to scale up testing with large lithium-enriched brine sample [Link]
Oct 10th, '19: E3 Metals' joint development project commences with initial US$1.5 million contribution from Livent Corp* [Link]
* global lithium technology leader and innovator; includes the revolution in electric vehicle batteries and mobile devices to strong, lightweight alloys and advanced polymers; 8 offices and 5 manufacturing facilities in North & South America, Europe and the Asia-Pacific [Link]
Sept 30th, '19 E3 Metals receives TSVX approval for joint development agreement with Livent Corp [Link]
Sept 18th, '19: Livent Corp to contribute up to US$5.5 million to advance E3 Metals' direct lithium extraction process on the Alberta lithium project [Link]
Aug 14th, '19: E3 Metals awarded a technology development project under GreenCentre Canada's Rise Program [Link]
May 29th, '19: E3 Metals successful produces lithium hydroxide from Alberta Brine [Link]
March 4th, '19: E3 Metals achieves major milestone with breakthrough performance of its proprietary lithium extraction technology [Link]
