Alberta awards $5M grant to E3 Lithium for $2.4B lithium extraction facility, creating thousands of jobs.

Alberta's government has awarded a $5 million grant to E3 Lithium, a Calgary-based lithium company. This funding will contribute to the construction of a $2.4 billion facility, expected to create thousands of jobs and 200 permanent positions upon completion. E3 Lithium plans to extract lithium from oilfield wastewater, using an ionization process that separates lithium from brine. The company has already secured $27 million in federal funding and has the support of energy giant Imperial Oil Ltd.

August 15, 2024
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