- E3 Lithium (TSXV: ETL; FSE: OW3; OTCQX: EEMMF) has released its 2024 year-end financial results and MD&A.
- The Clearwater Pre-Feasibility Study estimates a pre-tax NPV8% of USD 5.2 billion and an IRR of 29.2%.
- The company holds a total of 16.2 million tonnes of lithium carbonate equivalent (LCE) in Measured and Indicated resources.
E3 Lithium Ltd. (ETL) has officially filed its Consolidated Financial Statements for the fiscal year ending December 31, 2024, along with the accompanying Management’s Discussion and Analysis (MD&A). These documents are accessible through the company's SEDAR+ profile as well as on E3 Lithium's website.
The company's Clearwater Pre-Feasibility Study projects impressive economic potential with a pre-tax net present value (NPV) of USD 5.2 billion and an internal rate of return (IRR) of 29.2%. After-tax figures also show a robust NPV of USD 3.7 billion and an IRR of 24.6%. E3 Lithium is advancing towards producing high purity, battery-grade lithium to meet the escalating global demand for electric vehicles and other applications.
With extensive resources of 16.2 million tonnes of lithium carbonate equivalent (LCE) categorized as Measured and Indicated, as well as an additional 3.4 million tonnes in Inferred resources located in Alberta and Saskatchewan, E3 Lithium has positioned itself as a significant player in the Canadian lithium market. The company continues to focus on leveraging its substantial lithium reserves and innovative extraction technologies to become a key supplier of lithium products globally.
