E3 Lithium Submits Directive 056 Facility Licence Application as Next Step in Clearwater Project Development

Core Insights - E3 Lithium has submitted an application to the Alberta Energy Regulator for its Clearwater Project's Central Processing Facility, marking a significant milestone in the project development [1][2] - The company aims to create hundreds of jobs and employ thousands during construction, emphasizing local workforce engagement [2] - E3 Lithium has made advancements in its technical, regulatory, and commercial plans, including the delivery of battery-grade lithium carbonate to global partners [3] Project Development - The D56 facility licence application is submitted alongside the Environmental Protection and Enhancement Act (EPEA) application, which was previously submitted in late 2025 [2] - Both applications are critical for the construction and operation of the Central Processing Facility, with additional applications for wells, pipelines, and scheme approvals planned for 2026 [2] - An approved D56 licence will confirm compliance with Alberta's safety, environmental, and land-use standards [2] Resource and Financial Metrics - E3 Lithium has a total of 21.2 million tonnes of lithium carbonate equivalent (LCE) measured and indicated resources, with 0.3 million tonnes inferred [5] - The Clearwater Pre-Feasibility Study outlines a proven and probable mineral reserve of 1.13 million tonnes LCE, with a pre-tax NPV (8%) of USD 5.2 billion and an after-tax NPV (8%) of USD 3.7 billion, reflecting a 29.2% IRR and 24.6% IRR respectively [5]