E3 Metals Corp.
E3 Metals Corp.
Sector: Mining
Description
E3 Metals Corp. is a mineral mining company focused on the exploration, extraction and development of lithium resources in Alberta. E3 Metals Corp is a public company listed on the TSX Venture Exchange in Canada, with its common shares trading under the ticker symbol ETMC.
In August 2021, the company graduated to being Tier 1 issuer of the TSXV market. In addition, the company also lists and trades its common shares on the Frankfurt Stock Exchange and the Over-the-Counter market under the stock symbols OU7A and EEMMF, respectively.
The Calgary-based company is working on the two lithium exploration projects spread over the Leduc Reservoir in the south-central region of Alberta -- the Clearwater Project and the Exshaw Project. However, the mineral properties of E3 Metals Corp are further categorized into five sub-properties -- Clearwater, Exshaw, Rocky, Sunbreaker and Drumheller.
The lithium resources of the company sit below the surface in lithium brine-rich depleted oil reservoirs. The company utilizes the oil wells, and its extraction technology produces high-grade lithium concentrates.
Furthermore, lithium projects are socially licensed and permitted with necessary infrastructure and skilled labor. The company has developed Direct Lithium Extraction technology to conveniently remove lithium elements from brines. The DLE technology selectively extracts lithium, eliminates impurities and lowers the fluid handling quantities for downstream processes.
This proprietary extraction process helps the company produce quality lithium concentrates that pass through electrolysis and crystallization to manufacture high-grade lithium products. The rising global trend of clean technologies, such as lithium-ion battery-driven electric vehicles, power generation and storage, provides an excellent opportunity for E3 Metals Corp.
The company is focused on identifying and exploiting new lithium resources to expand its lithium production potential to advance its projects and maintain equilibrium between the market forces of demand and supply.
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