E3 Lithium receives $20 million investment from Canada’s Strategic Innovation Fund

Date:

“E3 Lithium’s ground-breaking technology will play an important role in providing large quantities of battery grade lithium to the auto industry while also creating high quality jobs for Canadians,” François-Philippe Champagne, Canada’s Minister of Innovation, Science and Industry said. “This project will help position Canada as a world leader in batteries and will strengthen the critical minerals sector in the Calgary region.”

The SIF investment supports all aspects of E3’s resource and technology development including drilling, piloting of the company’s proprietary ion-exchange technology for lithium extraction, process development and engineering including downstream lithium hydroxide conversion. The investment also supports additional development testing during the feasibility phase and the engineering and design of a definitive feasibility study.

“The breadth of the development costs this funding covers…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...