STOCK TITAN

E3 Lithium Plans to Construct a Fully Integrated Lithium Demonstration Facility

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

E3 Lithium (TSXV: ETL, OTCQX: EEMMF) has announced plans to construct a fully integrated Lithium Brine Demonstration Facility in Alberta, Canada. This Demo Project aims to produce battery-grade lithium carbonate from brines in the Leduc reservoir, advancing the company's goal of developing a commercial lithium facility. The project builds upon E3's successful Direct Lithium Extraction (DLE) pilot program conducted in 2023, which validated the economic feasibility of lithium projects in Alberta.

The Demo Project will scale up the DLE system and incorporate purification, concentration, and chemical conversion processes to continuously produce lithium carbonate. It will provide real-time data for commercial system design and samples for potential strategic partners. This facility is expected to be unique in Canada and serve as an economic driver for Alberta's battery supply chain.

E3 Lithium (TSXV: ETL, OTCQX: EEMMF) ha annunciato piani per costruire un Impianto Dimostrativo Integrato di Litio da Salamoia in Alberta, Canada. Questo Progetto Dimostrativo mira a produrre carbonato di litio di grado batteria dalle salamoie nel bacino di Leduc, avanzando l'obiettivo dell'azienda di sviluppare un impianto commerciale di litio. Il progetto si basa sul programma pilota di Estrazione Diretta di Litio (DLE) di E3, condotto nel 2023, che ha convalidato la fattibilità economica dei progetti di litio in Alberta.

Il Progetto Dimostrativo amplierà il sistema DLE e integrerà processi di purificazione, concentrazione e conversione chimica per produrre continuamente carbonato di litio. Fornirà dati in tempo reale per la progettazione del sistema commerciale e campioni per potenziali partner strategici. Questo impianto si prevede sarà unico in Canada e servirà come motore economico per la catena di approvvigionamento delle batterie dell'Alberta.

E3 Lithium (TSXV: ETL, OTCQX: EEMMF) ha anunciado planes para construir una Instalación de Demostración de Litio de Salmuera Totalmente Integrada en Alberta, Canadá. Este Proyecto Demostrativo tiene como objetivo producir carbonato de litio de grado para baterías a partir de salmueras en el reservorio de Leduc, avanzando en el objetivo de la compañía de desarrollar una instalación comercial de litio. El proyecto se basa en el programa piloto de Extracción Directa de Litio (DLE) de E3, realizado en 2023, que validó la viabilidad económica de los proyectos de litio en Alberta.

El Proyecto Demostrativo escalará el sistema DLE e incorporará procesos de purificación, concentración y conversión química para producir continuamente carbonato de litio. Proporcionará datos en tiempo real para el diseño del sistema comercial y muestras para posibles socios estratégicos. Se espera que esta instalación sea única en Canadá y sirva como un motor económico para la cadena de suministro de baterías en Alberta.

E3 리튬 (TSXV: ETL, OTCQX: EEMMF)은 캐나다 앨버타에 완전 통합된 리튬 염수 시범 시설을 건설할 계획을 발표했습니다. 이 시범 프로젝트는 Leduc 저수지의 염수에서 배터리 등급의 리튬 탄산염을 생산하는 것을 목표로 하며, 회사의 상업적인 리튬 시설 개발 목표를 추진합니다. 이 프로젝트는 2023년에 실시된 E3의 성공적인 직접 리튬 추출(DLE) 파일럿 프로그램을 기반으로 하며, 앨버타에서 리튬 프로젝트의 경제적 타당성을 검증했습니다.

시범 프로젝트는 DLE 시스템을 확대하고 정제, 농축 및 화학 변환 프로세스를 통합하여 리튬 탄산염을 지속적으로 생산할 것입니다. 상업적 시스템 설계를 위한 실시간 데이터와 잠재적 전략적 파트너를 위한 샘플을 제공합니다. 이 시설은 캐나다에서 독특할 것으로 기대되며 앨버타의 배터리 공급망의 경제적 동력이 될 것입니다.

E3 Lithium (TSXV: ETL, OTCQX: EEMMF) a annoncé son intention de construire une Installation de Démonstration de Lithium en Salmour entièrement intégrée en Alberta, Canada. Ce projet de démonstration vise à produire du carbonate de lithium de qualité pour batteries à partir de saumures dans le réservoir de Leduc, avançant ainsi l'objectif de l'entreprise de développer une installation commerciale de lithium. Le projet s'appuie sur le programme pilote d'Extraction Directe de Lithium (DLE) réalisé par E3 en 2023, qui a validé la faisabilité économique des projets de lithium en Alberta.

Le projet de démonstration va étendre le système DLE et incorporer des processus de purification, de concentration et de conversion chimique pour produire continuellement du carbonate de lithium. Il fournira des données en temps réel pour la conception de systèmes commerciaux et des échantillons pour de potentiels partenaires stratégiques. Cette installation devrait être unique au Canada et servir de moteur économique pour la chaîne d'approvisionnement en batteries de l'Alberta.

E3 Lithium (TSXV: ETL, OTCQX: EEMMF) hat Pläne angekündigt, eine vollständig integrierte Demonstrationsanlage für Lithiumsole in Alberta, Kanada, zu errichten. Dieses Demoprojekt zielt darauf ab, Batterie-Qualität Lithiumcarbonat aus den Solevorkommen im Leduc-Reservoir zu produzieren und verfolgt das Ziel des Unternehmens, eine kommerzielle Lithiumanlage zu entwickeln. Das Projekt baut auf E3s erfolgreichem Pilotprogramm zur Direktlithiumextraktion (DLE) auf, das 2023 durchgeführt wurde und die wirtschaftliche Machbarkeit von Lithiumprojekten in Alberta validierte.

Das Demoprojekt wird das DLE-System skalieren und Reinigungs-, Konzentrations- und chemische Umwandlungsprozesse integrieren, um Lithiumcarbonat kontinuierlich zu produzieren. Es wird Echtzeitdaten für das Design kommerzieller Systeme und Proben für potenzielle strategische Partner bereitstellen. Diese Einrichtung wird voraussichtlich einzigartig in Kanada sein und als wirtschaftlicher Motor für die Lieferkette von Batterien in Alberta dienen.

Positive
  • Plans to build a fully integrated Lithium Brine Demonstration Facility
  • Aims to produce battery-grade lithium carbonate
  • Advancement from successful 2023 DLE pilot program
  • Will provide real-time data for commercial system design
  • Unique facility in Canada, potentially driving Alberta's battery supply chain
Negative
  • None.

CALGARY, Alberta--(BUSINESS WIRE)-- E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), “E3 Lithium” or the “Company,” a leader in Canadian lithium, is pleased to announce its plan to build a fully integrated Lithium Brine Demonstration Facility (the “Demo Project”) with the goal to produce battery grade lithium carbonate from brines located within the Leduc reservoir in Alberta. The Demo Project takes a significant step forward in the Company’s strategic plan to develop a commercial lithium facility that will reinforce western Canada as a major lithium resource jurisdiction.

The Demo Project will be an advancement from the successful Direct Lithium Extraction (“DLE”) pilot program conducted in 2023. The Company operated and evaluated multiple technologies, showcasing the technical feasibility of DLE technology including its own proprietary DLE. The 2023 pilot provided critical data used in the recently released Pre-Feasibility Study (“PFS”) validating the economic feasibility of lithium projects in Alberta.

The Demo Project will operate a fully integrated process that will include an increase in the scale of the DLE system and add into the processes for the purification, concentration and chemical conversion to continually process brine into battery grade lithium carbonate. Additional hydroxide developments will be conducted offsite. The objectives of the Demo Project are to unify the necessary components onsite into a fully integrated process replicating, as best as possible at a reduced scale, a commercial system. This will provide real-time data while the Company continues to design a commercial system through advanced engineering. It will also provide samples for commercial discussions with potential strategic partners. The Demo Project will enable the Company to continually optimize and de-risk each step of the flowsheet as it moves towards completing its feasibility study.

This facility is unique in Canada and will serve as an economic driver for Alberta’s battery supply chain. The Company will publish more details on the Demo Project over the coming months while it finalizes the design and operational aspects.

“We are thrilled to take this next step towards demonstrating the production of battery quality lithium carbonate from our Leduc Brine,” said Chris Doornbos, President and CEO of E3 Lithium. “E3 Lithium aims to be a direct supplier of products to the battery industry. The Demo Project is an important step towards progressing the Clearwater Project, providing samples to potential strategic partners and an overall advancement for lithium assets on a commercial scale in Alberta.”

ON BEHALF OF THE BOARD OF DIRECTORS
Chris Doornbos, President & CEO
E3 Lithium Ltd.

About E3 Lithium

E3 Lithium is a development company with a total of 16.0 million tonnes of lithium carbonate equivalent (LCE) Measured and Indicated and 0.9 million tonnes LCE Inferred mineral resources1 in Alberta. As outlined in E3’s Preliminary Economic Assessment, the Clearwater Lithium Project has an NPV8% of USD 1.1 Billion with a 32% IRR pre-tax and USD 820 Million with a 27% IRR after-tax1. E3 Lithium’s goal is to produce high purity, battery grade lithium products to power the growing electrical revolution. With a significant lithium resource and innovative technology solutions, E3 Lithium has the potential to deliver lithium to market from one of the best jurisdictions in the world.

1: The Preliminary Economic Assessment (PEA) for the Clearwater Lithium Project NI 43-101 technical report is amended Sept 17, 2021. Gordon MacMillan, P.Geol, QP, Fluid Domains Inc. and Grahame Binks, MAusIMM, QP (Metallurgy), formerly of Sedgman Canada Limited (Report Date: June 15, 2018, Effective Date: June 4, 2018, Amended Date: September 17, 2021). The mineral resource NI 43-101 Technical Report for the North Rocky Property, effective October 27, 2017, identified 0.9Mt LCE (inferred). The mineral resource NI 43-101 Technical Report for the Bashaw District Project, effective March 21, 2023, identified 16.0Mt LCE (measured & indicated). All reports are available on the E3 Lithium’s website (e3lithium.ca/technical-reports) and SEDAR+ (www.sedarplus.ca).

Forward-Looking and Cautionary Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the effectiveness and feasibility of emerging lithium extraction technologies which have not yet been tested or proven on a commercial scale or on the Company’s brine, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at www.sedarplus.ca. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

E3 Lithium - Investor and Media Relations

Alexis de la Renaudiere

Investor Relations

investor@e3lithium.ca

587-324-2775

Source: E3 Lithium Ltd.

FAQ

What is E3 Lithium's plan for lithium production in Alberta?

E3 Lithium (EEMMF) plans to construct a fully integrated Lithium Brine Demonstration Facility in Alberta to produce battery-grade lithium carbonate from brines in the Leduc reservoir.

How does the Demo Project build on E3 Lithium's previous work?

The Demo Project advances E3 Lithium's successful 2023 Direct Lithium Extraction (DLE) pilot program, scaling up the DLE system and adding purification, concentration, and chemical conversion processes.

What are the main objectives of E3 Lithium's Demo Project?

The Demo Project aims to unify necessary components into a fully integrated process, provide real-time data for commercial system design, generate samples for potential partners, and optimize the flowsheet for the feasibility study.

How might E3 Lithium's Demo Project impact Alberta's economy?

The Demo Project is expected to be unique in Canada and serve as an economic driver for Alberta's battery supply chain, potentially reinforcing western Canada as a major lithium resource jurisdiction.

E3 LITHIUM LTD

OTC:EEMMF

EEMMF Rankings

EEMMF Latest News

EEMMF Stock Data

59.48M
62.81M
2.92%
0.16%
Other Industrial Metals & Mining
Basic Materials
Link
United States of America
Calgary