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FINWIRES

E3 Lithium to Begin Phase Two Operations of Demonstration Facility for Clearwater Project

-- E3 Lithium (ETL.V) said Monday that it is ready to commence phase-two operations at its demonstration facility for the Clearwater project in Alberta after completing well development and pump installation.

The company said data collected from the phase-two operations will be used to complete a feasibility study on Clearwater.

Under phase two, E3 said it aims to complete a reservoir production test to further delineate flow through the Leduc Reservoir and to collect water and gas chemistry data.

E3 said it has submitted a Directive 51 application after completing the wells. After receiving the license, the site will begin operations, which are expected to run for 8-12 weeks before moving to phase three.

Phase three of the demo will produce nearly 100 tonnes per year of lithium carbonate equivalent in lithium chloride. The company said it plans to use the material to advance offtake discussions.

E3 said the demo is crucial for the development of the Clearwater project, which will produce 12,000 tonnes per year of lithium carbonate in the first phase.

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