BUSINESS & Canada - E3 Lithium Announces Direct Lithium Extraction

E3 Lithium’s Field Pilot Plant Site as of August 2, 2023 - (Photo: Business Wire)

Skid Arrival and Field Pilot Plant Construction Complete - E3 Lithium is a development company with a total of 16.0 million tonnes of lithium carbonate

CALGARY, Alberta Canada --- (BUSINESS WIRE)

Sunday August 13, 2023

E3 LITHIUM LTD. “E3 Lithium” or the “Company,” Alberta’s leading lithium developer and extraction technology innovator, announces that a Direct Lithium Extraction (DLE) skid arrived on site on Wednesday, August 2, signalling the completion of construction of the DLE field pilot plant.

All major pieces of equipment required to begin commissioning are now on site. Next steps include connecting the DLE equipment to the pilot plant’s piping and wiring system. Site commissioning, in which operators inspect and test each section of the pilot plant to ensure proper operations, has begun

. “The arrival of the DLE skid, the cornerstone of the field pilot plant, is an important milestone for E3 in that it enables us to start commissioning and begin operations shortly afterwards,” said Chris Doornbos, President and CEO. “We are incredibly excited to begin operating Alberta’s first DLE field pilot plant in a matter of weeks.”

Commissioning is anticipated to take up to 10 days to complete. E3 Lithium will announce when this process is complete and full operations have begun.

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.

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