e3 Metals Corp - Calgary

E3 Lithium is a lithium resource and technology company working towards the production of lithium products to power the growing electrical revolution. Based in Alberta, E3 Lithium’s Clearwater Project is being developed on the backbone of the mature and sophisticated oil industry that will allow the Company to catapult its development. E3’s Preliminary Economic Assessment (PEA) on its Clearwater Project outlines a USD $820 Million Net Present Value (NPV8%) after tax, with a pre-tax value of USD $1.1 Billion (NPV8%). The project’s Internal Rate of Return (IRR) is 27% after-tax and 32% pre-tax.

E3 Lithium’s Direct Lithium Extraction (DLE) technology obtains over 90% recovery and drastically increases the concentration of lithium, while reducing impurities by over 99%. Through the successful scale up its DLE technology towards commercialization, E3 Lithium’s goal is to produce high purity, battery grade, lithium products. 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.

As part of E3’s vision for a brighter energy future, we plan to deliver our lithium products with reduced carbon emissions, while utilizing 97% less land and consuming no freshwater interaction.

* The PEA is preliminary cost estimate and includes inferred mineral resources that are considered too geologically speculative to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty the Clearwater Project outlined by the PEA will be realized. Please refer to the E3 Lithium’s News Announcement: November 16, 2020 for more details or find the full technical report here.