E3 Lithium (TSXV:ETMC) - Scaling Up Modular Direct Lithium Extraction in Canada. PFS results Q1 2024

Interview with Chris Doornbos, President & CEO of E3 Lithium Ltd.

Our previous interview: https://www.cruxinvestor.com/posts/e3-lithium-etl-h2-pilot-plant-aims-to-prove-process-viability-plus-pfs-q4-2924

Recording date: 13th October 2023

E3 Lithium (TSXV: ETMC) is a lithium development company focused on developing one of the largest lithium resources in Canada, located in Alberta. E3 Lithium is pursuing Direct Lithium Extraction (DLE) to produce high purity lithium from the lithium-enriched brines in this region, and is targeting to increase capacity from 20,000 tonnes a year to 25,000-30,000 tonnes.

E3 Lithium recently completed a successful pilot program for its DLE technology, achieving lithium recovery over 94% and concentrate purity over 80% lithium. The company is now moving towards completing a pre-feasibility study by the end of 2023 and aims to begin commissioning its first production facility by 2026. The DLE process aims to provide a more sustainable method of lithium production with a smaller environmental footprint compared to traditional evaporation pond methods.

With lithium demand surging, E3 Lithium is well positioned to become a major producer in North America. The company highlights its large resource base, use of DLE technology, and location within a major oil and gas producing province like Alberta as key advantages. With favourable government support and access to established infrastructure and expertise, E3 Lithium aims to advance development rapidly to establish itself as a strategic local lithium supplier for the growing battery industry in the years ahead.

View E3 Lithium's Company Profile: https://www.cruxinvestor.com/companies/e3-lithium

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