We study history, not to understand the past, but to anticipate the future.
90 years ago, we witnessed a pattern of human behavior that we see happening again today. What was that pattern? Disruption, economic collapse, and renewal. More specifically, Disruption: Henry Ford’s assembly line. Economic collapse: The great depression. Renewal: Roosevelt’s new deal.
Today we are witnessing a similar pattern. Disruption: Steve Jobs, Elon Musk. Collapse: The current global crisis. Renewal: But what will that renewal look like? Whatever that is, however it presents itself, it will be certainly different from anything we have seen before.
For 75 years, we in Alberta have defined ourselves as an energy province focused on oil and gas. That has been our core business, and oil and gas is not going anywhere.
Successful adaptation builds off proven practice, rigorous debate, expansive thinking, and focused effort. Here in Alberta, our greatest opportunity will be to leverage off our core business, our experience, and profound knowledge of the oil and gas industry. We will grow not by replacing that core business, but amplifying our offering.
Diversification is critical to Alberta’s economic future. E3 Metals looks to produce lithium in much the same way as we produce oil. Building on the backbone of this industry, creating jobs from within the provinces existing workforce. The size of this opportunity is massive. Alberta holds vast lithium resources across the province that are in the same size paradigm globally as the provinces oil reserves.
E3 Metals proprietary technological advantage extracts lithium from brines in Alberta enriched with this critical metal. Our goal is to produce high quality lithium products for direct sale into the growing battery market. A bigger goal is to do so with net-zero carbon emissions by utilizing local technology and know-how.
Canada is one of a few countries that has within it all of the essential minerals to supply the growing global trend to electrification. In fact, Alberta alone could supply cobalt, nickel, and soon, premium quality lithium.
I believe that Canada in the near future may compete head to head with China in the production of minerals essential to the electrification revolution.
Change is inevitable. The challenge for all of us is to build the tools to anticipate and meet this change head on, and to generate opportunities for the future.
By Chris Doornbos, President, CEO and Director E3 Metals Corp.
About E3 Metals Corp.
E3 Metals is a lithium development Company with 7.0 million tonnes of lithium carbonate equivalent (LCE) inferred mineral resources1 in Alberta and an NPV8% on its Clearwater Lithium Project of USD 1.1 Billion with a 32% IRR pre-tax and USD 820 Million with a 27% IRR after-tax1. Through the successful scale up its DLE technology towards commercialization, E3 Metals’ goal is to produce high purity, battery grade, lithium products. With a significant lithium resource and innovative technology solutions, E3 Metals has the potential to deliver lithium to market from one of the best jurisdictions in the world. E3 Metals also continues to work with partners at the University of Alberta and at GreenCentre Canada. For more information about E3 Metals, visit http://www.e3metalscorp.com.