HomeUSALithium well changes the game for energy transmission in AlbertaOUS News

Lithium well changes the game for energy transmission in AlbertaOUS News

This is a first for the province, which has been drilling for generations and known for its oil and gas.

A rig at the historic Leduc oil field in Alberta is producing lithium, not oil.

In June, Imperial Oil Ltd. announced it has signed a $6.35 million investment agreement for E3 Lithium, a Calgary-based startup resource company that has developed technology to extract naturally occurring lithium — a light metal that is a key component of electric vehicle batteries — from oilfield brines.

Alberta has one of the largest lithium resources in Canada, although until the recent rise in electric vehicles and the exponential growth in demand for lithium ion batteries, there was little interest in developing a lithium industry.

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Alberta-based E3 Lithium achieves two major milestones

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E3 Lithium VP of Resource Development Peter Ratzlaff is pleased with the progress of the project.

“This is our own source of lithium here in Canada. We don’t rely on places like South America, Australia or even China to get these materials.”


Click to play video: Alberta-based E3 Lithium reaches two milestones







Alberta-based E3 Lithium achieves two major milestones


Alberta-based E3 Lithium achieves two major milestones on June 24, 2022.

This is an important milestone for the lithium company. After two successful wells, E3 is now extracting brine from underground. It is then used to test the technology that the company has spent years developing.

“This is an ion exchange process that is used to recover low concentration lithium from the brine coming from the Leduc formation,” Ratzlaff said.

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From lithium to hydrogen: how Alberta hopes to create a new energy future

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When it comes to growing Alberta’s economy, there is a lot of focus on emerging industries like lithium. The company says it is truly the perfect addition to the oil and gas industry.

Robin Boschman, director of external relations for E3 Lithium, said this transition is an easy transition.

“We will be able to reuse and repurpose much of the oil and gas infrastructure. And when we go commercial, we look forward to creating many long-term sustainable jobs in the new economy of Alberta and Canada.”


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From lithium to hydrogen: how Alberta hopes to create a new energy future


From Lithium to Hydrogen: How Alberta hopes to secure the future of new energy – January 6, 2022

This is exactly the type of development organization that helps develop organizations like the Energy Future Lab. To help and ensure that when the world looks for new ways to boost the economy, Alberta is ready. Energy Future Lab director Julie Rohl thinks so.

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“It will mean some upscaling to develop new technologies and understand new methods, but this is something that can be easily transferred from the oil and gas industry.”

E3 also touts the value of developing a resource as close to home as possible.

“We know that there are now growing concerns about the security of global supply chains,” Rohl said. “We’ve seen some of the effects of this over the past few years, so having processing resources and technology here at home is a game-changer.”

– With a file from Amanda Stevenson, The Canadian Press.

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