CALGARY — A company that aims to develop the lithium that occurs naturally within Alberta's oilfield brines has pegged the estimated capital cost of its proposed Clearwater project at $2.47 billion.
The company — which has financial backing from Imperial Oil Ltd. — announced Wednesday it has completed a pre-feasibility study that establishes a "clear and viable pathway" to commercialization.E3 says its project would have an initial capacity of 32,250 tonnes of lithium hydroxide per year. China goes into panic mode over EU tariffs on electric cars, offers perks for German carmakers if they drop restrictionsAs global markets exhibit mixed signals with modest gains in the U.S. and challenges in sectors like Chinese real estate, investors are keenly observing opportunities for stable returns. In this context, dividend stocks emerge as appealing options, offering potential resilience and consistent yield amidst fluctuating market conditions.