E3 Lithium Said To Start Construction Of Pilot Plant

Construction is said to have begun on the pilot plant at E3 Lithium’s (TSXV: ETL) Clearwater project in Olds, Alberta. The commencement of construction activities follows the company receiving its facility license early last month.

The facility, which is to be located at the first of three wells that that company drilled in 2022, is said to be on track for completion in the third quarter. With a budget of between $4.0 and $6.0 million, the plant has been designed to test its extraction tech at a large scale under real world operating conditions.

“We are happy to remain on track and on budget for a successful pilot beginning operations in Q3 of 2023,” commented CEO Chris Doornbos.

READ: E3 Lithium Reports 16.0 Million Tonnes Of LCE Measured And Indicated At Lithium Brine Project

The company is said to currently be in the process of installing downhole equipment in advance of other equipment, such as the lithium extraction process equipment, arriving on site for install. The latter is said to be manufactured off-site, and will arrive early in the third quarter for install. Grading is also underway, which will be followed by the installation of piping and the outer structure over the next four to six weeks.

Source: E3 Lithium

A pre-pilot reservoir test is also set to occur to gather data on the fluid characteristics, to be used for future development work.

E3 Lithium last traded at $2.75 on the TSX Venture.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Baselode Energy To Acquire Forum Energy: The Merger Of Equals Deal

TriStar Gold: The Revised Castelo de Sonhos Prefeasibility Study

Gold is Up 30%, But the Real Bull Market is Only Starting Now! | Adrian Day

Recommended

ESGold To Expand Mine Building At Montauban In Advance Of Gold & Silver Production

Goliath Resources Expands 2025 Drill Program To 60,000 Metres

Related News

Lithium In Alberta? E3 Lithium Reaches Strategic Deal With Imperial Oil For Pilot Project

Lithium in Alberta? As it turns out, the province known for its production of oil...

Thursday, June 23, 2022, 08:51:24 AM

E3 Lithium Reports 16.0 Million Tonnes Of LCE Measured And Indicated At Lithium Brine Project

E3 Lithium (TSXV: ETL) has a new mineral resource estimate in hand for its Bashaw...

Tuesday, March 21, 2023, 08:13:49 AM

E3 Lithium Commences Drilling For Lithium In Historic Albertan Oil Field

E3 Lithium (TSXV: ETMC) continues to perform this week, announcing this morning that the company...

Friday, June 24, 2022, 09:19:27 AM

E3 Lithium Reports Concentrations Of 74 mg/L In Second Well At Clearwater Project

E3 Lithium (TSXV: ETL) this morning issued the results of sampling conducted on a second...

Wednesday, January 4, 2023, 08:47:26 AM

E3 Lithium Jumps 12% On Positive Preliminary Results At Pilot Plant

E3 Lithium (TSXV: ETL) felt the need this morning to halt the trading of its...

Friday, September 15, 2023, 10:20:35 AM