E3 Lithium selects Fluor to lead its Clearwater pre-feasibility study

E3 Lithium Ltd. of Calgary has announced it has selected Fluor as its prime Engineering, Procurement and Construction (EPC) company to lead its Pre-Feasibility Study (PFS) for the Clearwater commercial project (pictured above).

Fluor will provide overall PFS project management, design, and oversight, and will be coordinating with several other firms hired by E3 Lithium that will provide specialty engineering services including for the reservoir and well design, technical report, and environmental studies.

Alberta Innovate makes progress payment

E3 Lithium has also announced it received a progress payment of $375,000 from Alberta Innovates and has claimed a total of $7.0 million from all reimbursable and non-reimbursable grants to-date.

On April 6, 2021, the company was awarded a $1.8 million non-repayable grant to assist in the scale-up and development of its Direct Lithium Extraction (DLE) technology and field pilot plant. Inclusive of the $375,000, E3 Lithium has received a total of $1.425 million from Alberta Innovates thus far, with the final $375,000 anticipated to be claimed in early 2024.

On November 28, 2022, E3 Lithium announced a $27 million investment from the Government of Canada’s Innovation, Science and Economic Development’s SIF to support several aspects of the company’s resource and technology development up until commercial production. Eligible costs under the agreement are reimbursed at 33.94% to a maximum of $27 million.

On March 7, 2023, the company announced it was awarded $3.545 million in funding through NRCan’s CMRDD program. The funds are non-dilutive and non-repayable and will be used to support the construction and operation of the company’s DLE field pilot plant. The company shall submit and be reimbursed for eligible expenses on an ongoing basis throughout the term of the agreement. E3 Lithium has claimed $0.7 million under the CMRDD funding as of March 31, 2023.