Federal investment in E3 Lithium will support extraction: CEO - BNN Bloomberg

📆 05/05/44 02:41 ص
📰 BNNBloomberg

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المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Shares of E3 Lithium jumped Monday morning following an investment announcement from the federal government, where the funds will be used to create materials for batteries, according to the company’s chief executive.

Chris Doornbos, the president, CEO and director of E3 Lithium, said in an interview with BNN Bloomberg on Monday that the company has significant lithium brine resources in the repurposed Leduc oil field, located near Leduc County, Alta.

“The funding from the federal government is supporting that as well as the technology that we've developed that enables the extraction of lithium from these brines. So it's very exciting for us today,” Doornbos said.

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Alberta's E3 Lithium says investment from Ottawa sets it up to lead mining boom on PrairiesThe funding of Alberta\u0027s E3 Lithium is part of a series of steps taken by Canada to ensure EV production occurs close to home. Read more.
مصدر: financialpost - 🏆 7. / 85 اقرأ أكثر »

Alberta's E3 Lithium says investment from Ottawa sets it up to lead mining boom on PrairiesThe funding of Alberta\u0027s E3 Lithium is part of a series of steps taken by Canada to ensure EV production occurs close to home. Read more. If the Federal Government needs to invest it a boondoggle. Nice! It would be better if the government just got out of the way.
مصدر: nationalpost - 🏆 10. / 80 اقرأ أكثر »