The funding announced Monday is part of Innovation, Science and Economic Development’s Strategic Innovation Fund, which has put $6.8 billion toward 107 projects across Canada.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.
The goal for E3 is to separate lithium from the aquifer of the Leduc reservoir for use in electric vehicle and battery technology. E3 is attempting to use an ionization process, which will separate lithium from the brine left over from oil extraction by drilling into the aquifer below the reserve. Once the lithium has been extracted, the remaining water will be returned to the aquifer.Article contentthat the proprietary process will have only three per cent of the carbon footprint of other processes, while yielding a much higher-grade product. Their technology differs from other efforts as it does not require evaporation.
Once up and running, he said the Clearwater project will produce 20,000 tonnes of sustainable lithium a year for the next 20 to 30 years. E3 drilled its first pilot well in June, east of Olds, has since drilled a second hole and purchased a third. The holes are part of the pre-feasibility study of the 12- to 18-month pilot project.
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