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08/12/2025 – 03:15 AM
CALGARY, Alberta–(BUSINESS WIRE)–E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), a frontrunner in Canada’s lithium ambitions, is nearing the finish line for Phase 1 of its much-anticipated Demonstration Facility. Sources tell CNBC that final inspection and commissioning are imminent.
Demonstration Equipment Being Assembled on Site
The primary objective of Phase 1 is to bring the Direct Lithium Extraction (DLE) system and its supporting polishing and purification units online, ultimately yielding a high-quality lithium chloride product. This material will then be used in the production of battery-grade lithium carbonate, a critical component in the burgeoning electric vehicle market.
Insiders reported that all major equipment needed for Phase 1 has been delivered to the site. The DLE system and associated polishing and purification units, first announced in July, are now fully assembled. Crews are currently focused on integrating crucial supporting infrastructure, with final mechanical and electrical checks underway. The assembly of the remaining equipment is expected to be completed within the next week, followed swiftly by the final mechanical and electrical audits. A thorough operational review will then assess the equipment’s performance, identifying any potential damage sustained during transportation.
Assuming no major hiccups arise during the operational assessment, E3 Lithium is aiming to kick off commissioning by the end of August, according to company statements. The process will begin with the introduction of previously stored brine, focusing on optimizing the operational efficiency of the DLE system.
“The E3 team has been putting in the hard yards to push Phase 1 of our Demonstration Facility forward,” said Chris Doornbos, President and CEO of E3 Lithium. “I’m thrilled that E3 Lithium is on the cusp of completing equipment assembly and commencing commissioning in the weeks ahead.”
ON BEHALF OF THE BOARD OF DIRECTORS
Chris Doornbos, President, CEO & Chair
E3 Lithium Ltd.
About E3 Lithium
E3 Lithium holds a substantial resource base, totaling 21.2 million tonnes of lithium carbonate equivalent (LCE) Measured and Indicated as well as 0.3 Mt LCE Inferred mineral resources in Alberta and 2.5 Mt LCE Inferred mineral resources in Saskatchewan. A Pre-Feasibility Study on the Clearwater Project indicates a 1.13 Mt LCE proven and probable mineral reserve, boasting a pre-tax NPV8% of $5.2 Billion, an IRR of 29.2%, and an after-tax NPV8% of $3.7 Billion with a 24.6% IRR.
Unless otherwise indicated, Kevin Carroll, P. Eng., Chief Development Officer and a Qualified Person under National Instrument 43-101, has reviewed and is responsible for the technical information contained on this news release.
Forward-Looking and Cautionary Statements
This news release contains certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions or forward-looking information within the meaning of applicable securities laws. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, as described in more detail in our recent securities filings available under the Company’s profile on SEDAR+. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250812362284/en/
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