E3 Metals (TSE:ETL) has released an update.
E3 Lithium Ltd. has announced promising Pre-Feasibility Study results for its Clearwater Project, showcasing the project’s economic and environmental viability with Canada’s first proven lithium-in-brine reserve. The study projects a 50-year operating life with robust economics, including an after-tax net present value of $3.72 billion and initial production set at 32,250 tonnes per annum of Lithium Hydroxide Monohydrate. Emphasizing sustainable practices, the project plans to utilize recycled process water and boasts a significantly smaller environmental footprint than conventional lithium production methods.
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