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E3 Metals Corp. CEO: Discovery of the Oil is the Discovery of the Lithium

March 13, 2020
by
Investing News
YouTube video player
E3 Metals Corp. CEO: Discovery of the Oil is the Discovery of the Lithium

TL;DR

A company is utilizing a petroleum-derived water reservoir in Alberta to extract lithium, contributing to the diversification of Alberta's economy.

Transcript

joining me now is crystal boss of ether emails Chris welcome thank you I've been really keen to have this conversation with you because I when I was doing my research I'm going okay petroleum-derived lithium do I have that correct is that the way that I characterize what it is that you're doing it's an interesting analogy you use it a lot we're not... Read More

Key Insights

  • 💦 Ether Emails is utilizing a unique petroleum-derived water reservoir in Alberta to extract lithium.
  • 😑 The ion exchange process allows for a faster and more efficient extraction of lithium from the water.
  • 💗 Being a North American-based resource contributes to a secure and diversified supply for the growing battery market.

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Questions & Answers

Q: How does Ether Emails extract lithium from the water reservoir?

Ether Emails uses the ion exchange process, removing the lithium from the brine to produce a concentrated and high-purity lithium concentrate.

Q: Why is the ion exchange process favored over traditional evaporation ponds?

The ion exchange process significantly speeds up the lithium extraction, taking only a matter of hours instead of the two years needed for evaporation ponds. It also allows for easier purification and produces a cleaner and more valuable product.

Q: Why is being a North American-based resource important in supplying the lithium market?

With tensions between China and the United States, being a North American-based resource ensures a secure supply for the rapidly growing battery market. Currently, there is only one other North American lithium production, making Ether Emails' presence crucial.

Q: What are the next steps for Ether Emails in the development of their lithium extraction project?

Ether Emails is currently focused on proving the viability of their technology through a pilot plant. They are also working on developing the necessary infrastructure and production facilities to deliver their lithium product.

Summary & Key Takeaways

  • Ether Emails is extracting lithium from a water reservoir derived from a petroleum by-product in Alberta.

  • The reservoir, located in LaDuke, has been produced for decades and now mainly contains water with dissolved lithium.

  • Through the ion exchange process, Ether Emails is able to efficiently extract lithium from the water and produce high-purity lithium concentrate.


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