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Wednesday, January 08, 2020 5:24:56 PM
Global chemical manufacturing company Livent (NYSE:LTHM) showed its confidence in E3 Metals’ direct lithium extraction technology in September 2019 when it decided to provide the company with its technical expertise and US$5.5 million in funding through a joint development agreement.
“The transaction between E3 and Livent is significant in that a major lithium producer is now writing a check to potentially own a call option on a DLE technology,” said Alex Grant, an expert in advanced lithium extraction flowsheets. “In contrast to other major lithium producers like SQM and Albemarle, who have claimed the ability to dramatically ramp lithium production without additional ponds, Livent is making a bet that they may be able to grow their future market share using a dramatically different technology.”
https://investingnews.com/innspired/lithium-extraction-resources-in-albertas-oil-fields/
If THEIR IS ONE THING I AM SURE ABOUT IS I AM USUALLY WRONG
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