Alberta may end up leading the world’s transition to lithium batteries. Read more.
“Our resource was upgraded to 16-million tonnes — 9.6 indicated and 4.6 measured reserves of lithium carbonate equivalent,” said Doornbos in an interview with the Financial Post. “This is five times’ higher than the estimated lithium reserves in the rest of Canada and potentially more than is found in all of North America.”
“As such, it is measurable and easily pumped to the surface for processing. It is not mining, but will be conventional oil and gas production. We will drill wells, pump water to the surface, to an extraction plant, then put the water back down.”Article content Imperial holds freehold leases in the Leduc area, but E3 has collected drilling rights to a large Leduc land position. “We have everything from Calgary to Edmonton, in the heartland of Alberta,” Doornbos said.
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