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February 9, 2025 28 mins
In this episode, host Stuart Fieldhouse speaks with Chris Doornbos of E3 Lithium about demand for lithium, how direct lithium extraction works, using Alberta's legacy of oil drilling knowledge and infrastructure, and why E3 makes such an attractive case for a strategic partner. Watch the video of the interview on our YouTube channel. www.youtube.com/@armchairtrader For more investing ideas, news and insight, sign up to our FREE newsletter at www.thearmchairtrader.com/newsletter/ If you enjoy the podcast, like and subscribe for more great content. Listen on: Spotify - https://open.spotify.com/show/2vfaIsYhqcRejpjWNqYF6f Apple podcast - https://podcasts.apple.com/gb/podcast/the-armchair-trader-podcast/id1454640070 Amazon - https://music.amazon.co.uk/podcasts/68a66097-24d8-403e-a86f-70fab0d2d686/The-Armchair-Trader-Podcast?ref=dm_wcp_pp_link_pr_s Soundcloud - https://soundcloud.com/armchairtrader/ Follow us: X - twitter.com/armchairtweets Linkedin - www.linkedin.com/company/10429893 Instagram - www.instagram.com/armchairtrader Facebook - www.facebook.com/TheArmchairTrader 00:00 Intro to E3 Lithium and extracting lithium 02:29 Progress with the direct extraction project 03:50 A miner going vertical - using local knowledge and infrastructure 06:47 Exploiting legacy oil drilling data 07:48 Future plans: lithium carbonate and funding 10:00 What's so special about Alberta's lithium brine? 12:18 Company financials: cash in bank, federal grants 15:10 The urgency to onshore lithium production in Canada 18:20 Demand for lithium in North America 21:10 M&A in the lithium sector, and plans for E3 Lithium 25:07 The ideal strategic partner
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