The first lithium extraction pilot plant in Alberta has begun operations. E3 Lithium, a Calgary-based junior resource company, maintains a property near the town of Olds in central Alberta.
The company's initiative extracts naturally occurring lithium from saltwater using cutting-edge technology. As a critical component in electric vehicle batteries, lithium is currently in high demand around the world. The company has begun the pilot project in this context. Alberta has one of the greatest lithium reserves in the world, thus the corporation chose the province for lithium separation.