E3 Lithium Provides Clearwater Project Demonstration Facility Update
E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), 'E3', 'E3 Lithium' or the 'Company,' a leader in Canadian lithium, is progressing towards final inspection and commissioning of Phase 1 of the Demonstration Facility ('Phase 1').
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250812362284/en/
Demonstration Equipment Being Assembled on Site
The goal of Phase 1 is to fully operationalize the DLE system and associated polishing and purification units to produce a high-quality lithium chloride, which will support the production of battery-grade lithium carbonate.
All major equipment for Phase 1 has arrived on site. The DLE system and associated polishing and purification units, previously announced on July 10, 2025, are now fully assembled. Crews continue to assemble and incorporate supporting infrastructure, with the final mechanical and electrical checks underway. The Company expects to complete the assembly of the remaining equipment within the next week, with final mechanical and electrical checks completed shortly thereafter. The system will then undergo final inspection and an extensive operational review to assess equipment performance and identify any damage that may have occurred during transportation to the site.
Assuming no major issues are identified through the operational review, the Company is targeting to begin commissioning by the end of August. Commissioning will commence with the introduction of brine, which has been previously stored on site for this purpose, and will focus on ensuring operational efficiency of the DLE system.
'The E3 team has been working very hard to advance the construction of Phase 1 of our Demonstration Facility,' said Chris Doornbos, President and CEO. 'I am very excited to see E3 Lithium be in the position to complete the assembly of the equipment and commencing the commissioning within the coming weeks.'
ON BEHALF OF THE BOARD OF DIRECTORS
Chris Doornbos, President, CEO & Chair
E3 Lithium Ltd.
About E3 Lithium
E3 Lithium is a development company with a total of 21.2 million tonnes of lithium carbonate equivalent (LCE) Measured and Indicated 1 as well as 0.3 Mt LCE Inferred mineral resources 2 in Alberta and 2.5 Mt LCE Inferred mineral resources 3 in Saskatchewan. The Clearwater Pre-Feasibility Study outlined a 1.13 Mt LCE proven and probable mineral reserve with a pre-tax NPV8% of USD 5.2 Billion with a 29.2% IRR and an after-tax NPV8% of USD 3.7 Billion with a 24.6% IRR 1.
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 includes 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. Forward-looking statements are frequently identified by such words as 'believe', 'may', 'will', 'plan', 'expect', 'anticipate', 'estimate', 'intend', 'project', 'potential', 'possible' and similar words referring to future events and results. Forward-looking statements are based on the current opinions, expectations, estimates and assumptions of management in light of its experience, perception of historical trends, and results of the PFS, but such statements are not guarantees of future performance. In particular, this news release contains forward-looking information relating to: the expected timelines for the assembly, testing and commissioning of the demonstration equipment; production, pretreatment, purification, volume reduction and conversion process and features and the expected outcomes thereof; the Company's expectations regarding the production of lithium carbonate; plans and objectives of management for the Company's operations of the Demonstration Facility; and the inherent hazards associated with mineral exploration and mining operations. In preparing the forward-looking information in this news release, the Company has applied several material assumptions, including, but not limited to, that any additional financing needed will be available on reasonable terms; the exchange rates for the U.S. and Canadian currencies will be consistent with the Company's expectations; that the current exploration, development, environmental and other objectives concerning the Demonstration Facility can be achieved and that its other corporate activities will proceed as expected; that general business and economic conditions will not change in a materially adverse manner and that all necessary governmental approvals for the planned activities on the Demonstration Facility will be obtained in a timely manner and on acceptable terms.
All forward-looking information (including future-orientated financial 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, the effectiveness and feasibility of emerging lithium extraction technologies which have not yet been tested or proven on a commercial scale or on the Company's brine, risks related to the availability of financing on commercially reasonable terms and the expected use of proceeds; operations and contractual obligations; changes in estimated mineral reserves or mineral resources; future prices of lithium and other metals; availability of third party contractors; availability of equipment; failure of equipment to operate as anticipated; accidents, effects of weather and other natural phenomena and other risks associated with the mineral exploration industry; the Company's lack of operating revenues; currency fluctuations; risks related to dependence on key personnel; estimates used in financial statements proving to be incorrect; competitive risks and the availability of financing, as described in more detail in our recent securities filings available under the Company's profile on SEDAR+ (www.sedarplus.ca). 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/
CONTACT: E3 Lithium - Investor Relations
Rob Knowles
[email protected]
587-324-2775E3 Lithium - Media Inquiries
Kati Dolyniuk
External Relations
[email protected]
587-324-2775
KEYWORD: NORTH AMERICA CANADA
INDUSTRY KEYWORD: HARDWARE NATURAL RESOURCES BATTERIES TECHNOLOGY MINING/MINERALS
SOURCE: E3 Lithium Ltd.
Copyright Business Wire 2025.
PUB: 08/12/2025 03:15 AM/DISC: 08/12/2025 03:15 AM
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