The Alberta Government is investing $5 million through Emissions Reduction Alberta (ERA) into Calgary’s E3 Lithium.
The investment from ERA’s Technology Innovation and Emissions Reduction (TIER) fund will support the company’s integrated Lithium Brine Demonstration Facility.
Earlier this month E3 Lithium announced it is constructing a Demo Project at an increased scale that will allow for the operation of a fully integrated process that will help in achieving the Company’s goal of producing battery grade lithium carbonate from locally sourced brines in Alberta.
“E3 Lithium exemplifies Alberta’s entrepreneurial spirit,” said Justin Riemer, CEO, Emissions Reduction Alberta.
“They saw an opportunity and developed an innovative strategy to capitalize on it, transforming industrial waste into a valuable energy source that can power your cell phone or your electric vehicle. Along with supporting the circular economy, the environmental and economic rewards of this kind of leading-edge technology directly align with the province’s long-term goals.”
This six-month Demo Project near Olds, Alberta, aims to purify, concentrate and chemically convert brine into battery-grade lithium carbonate, with additional hydroxide developments that will be conducted offsite.
The Demo Project will integrate necessary components into a reduced-scale commercial system, providing real-time data to assist in designing a full-scale commercial facility.
This project will mitigate risks and gather crucial data on reservoir performance, production forecasts and well logistics, establishing E3 Lithium as the first company to lead such a demonstration project in Alberta and Canada.
Leave a Reply