$ETL.V

5 stories mentioning ETL.V

Every FINWIRES story that references ETL.V, newest first.

E3 Lithium Commissions Phase 2 of Its Clearwater Project Demonstration Facility

E3 Lithium (ETL.V) on Monday said it commissioned Phase 2 of its Clearwater project demonstration facility and continues to operate the reservoir production test.Lithium analysis of the brine produced from the production test confirmed 75.8 milligrams per liter of lithium, demonstrating the continued consistency of the brine chemistry across the Clearwater and greater Bashaw District.The current operations at the demonstration facility are facilitating a reservoir test to confirm flow parameters over an extended period.The demonstration-facility operations have achieved stable brine production and injection through the well-pair. During initial operations, the wellbore maintained the targeted flow rate of 1,400 cubic meters per day at steady state.The data collected from this part of the operations will support the reservoir development plan update, supporting the feasibility study. The data collected will support E3's ongoing engineering work, including the completion of front-end engineering design and feasibility study for the Clearwater project.The company's shares were last seen up $0.04 to $1.21 on the TSX Venture Exchange.Price: $1.21, Change: $+0.04, Percent Change: +3.42%

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Mining & Metals12d ago

E3 Lithium Names Tom Gear as Chief Operating Officer; Chief Development Officer Kevin Carroll to Retire

E3 Lithium (ETL.V) announced Wednesday the appointment of Tom Gear as chief operating officer, effective June 8, 2026, and the retirement of Kevin Carroll, chief development officer.Tom Gear is an energy executive with nearly three decades of experience spanning petroleum refining, major projects, commodity trading, commercial development, and large-scale oil sands operations, said the company.Most recently, he held the role of Senior Vice President Oilsands at MEG Energy. Prior to MEG Energy, Tom spent 24 years at Suncor and legacy Petro-Canada, including serving as Vice President, Environment, Health & Safety."A Governor General's Canadian Leadership Conference alumnus and former Board Chair of the Fort McMurray Chamber of Commerce, Tom brings national leadership perspective alongside deep operational expertise," said the company.Kevin Carroll's last day will be June 12, 2026, said the company and added that he will remain with the company in an advisory capacity during a transition period to ensure a "smooth handover" of responsibilities."After an extensive search, we are very pleased to welcome Tom to the executive team as Chief Operating Officer," said Chris Doornbos, Chief Executive Officer and Chair of E3. "His extensive experience leading large-scale industrial operations, driving organizational excellence, and developing high-performing teams will be invaluable as we move closer to construction and operations of the Clearwater Project. On behalf of the Board of Directors and the entire Company, I want to thank Kevin for his outstanding contributions. Kevin has played a key role in advancing the Clearwater Project and helping establish the strong technical and operational foundation from which we will grow."

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Mining & Metals24d ago

E3 Lithium Narrows Q1 Net Loss YoY As Advances Clearwater Project

E3 Lithium (ETL.V) narrowed its net loss year over year in the first quarter, while it continues to drive advancement of the Clearwater Project, the company said Friday.Net loss and comprehensive loss amounted to C$2.8 million, or a loss of $0.03 per share, narrowing from a loss of $2.9 million, or a loss of $0.04 per share.During the quarter, the company formally submitted an application to the Alberta Energy Regulator to obtain a Directive 056 license for its Clearwater project's Central Processing Facility. The permit is one of two key permits required by the province to construct and operate the CPF.As of March 31, E3 had $54.0 million of undrawn government grants. The funds will support E3's ongoing activities, including completion of its Demonstration Facility as it advances toward final investment decision and commercialization.E3 is preparing for the final phase of Demonstration Facility operations, which will be focused on commercial-scale direct lithium extraction technology validation and integrated production of battery-grade lithium carbonate to support project financing and commercialization of the Clearwater project.Shares in ETL rose $0.02 or 1.7% at $1.20 yesterday.

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Mining & Metals42d ago

E3 Lithium's Top Priority Remains "Accelerated Development" of Its Clearwater Project

The top priority for E3 LITHIUM (ETL.V), a player in Canadian lithium development, remains the accelerated development of its Clearwater Project, with Stage 1 aiming to produce 12,000 tonnes of lithium carbonate per year targeted for 2028-2029, the company said earlier Monday."As we accelerate the development of our Clearwater Project to commercialization, we have the scale and significant expansion opportunities within this single asset, which has the brine volume to produce up to 150,000 tonnes of lithium carbonate annually for 50 years," said Chris Doornbos, Chair and CEO. "Our priority and focus remain firmly on Clearwater, however, there is value in exploring strategic opportunities that can create long-term value for E3, including optimizing our lithium asset portfolio and working on battery technology integration. Our goal is to create a pipeline of commercial initiatives for the future of E3 while focusing on our core business of producing battery-grade lithium carbonate at Clearwater."Shares in ETL were down 1.5% in Canada last Friday.

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Mining & Metals56d ago

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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