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E3 Lithium Receives Up To $4.7 Million Investment from the Government of Canada's Critical Minerals Infrastructure Fund
E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), “E3”, “E3 Lithium...
About this update from E3 Lithium Ltd
[{"type":"text","content":"E3 Lithium Receives Up To $4.7 Million Investment from the Government of Canada’s Critical Minerals Infrastructure Fund\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }\n \n\n\n\n E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), “E3”, “E3 Lithium” or the “Company,” a leader in Canadian lithium, is pleased to announce that it has been conditionally approved for contribution funding of up to $4.7 million in a non-repayable investment from the Critical Minerals Infrastructure Fund (CMIF). This strategic funding will support the advancement of the Clearwater Project, enhancing our ability to develop critical infrastructure and optimize operations.\n \n\n CMIF's goal is to provide up to $1.5 billion in federal funding until 2030 for clean energy and transportation infrastructure projects necessary to enable the sustainable development and expansion of critical minerals in Canada. The investment will be used to undertake preconstruction work on transportation and energy infrastructure necessary to develop the Clearwater Project. This will include studies to assess transportation upgrades to support industrial traffic, as well as exploring options to optimize energy to produce lithium from brine and source process water from internal recycle streams and the raw brine.\n \n\n “Developing Canada’s abundant critical minerals drives economic opportunity and creates good jobs. Developments like this help mines get built faster, and they are a key element in seizing the generational opportunity before us. The funding provided to E3 Lithium Ltd., will help advance the development of the necessary infrastructure to expand Alberta’s sustainable critical minerals production. E3 Lithium Ltd., and many other businesses in Alberta know that moving forward, economic development and environmental sustainability must go hand in hand.”\n \n\n – The Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources\n \n\n\n “The investment from CMIF supports the planning and development of some of our critical infrastructure for our Clearwater Project, focussing around the Central Processing Facility. Alberta has a strong workforce and permitting system that strengthens E3 Lithium commercializa...