E3 Lithium Signs Supply MoU with Epsilon CAM

E3 Lithium signed a non binding memorandum of understanding to supply battery grade lithium carbonate to Epsilon CAM from its Alberta project. The proposed agreement covers up to 5,000 metric tons annually over five years.

Insights:
People view a display at the booth of Calgary-based lithium resource and technology company E3 Lithium at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 7, 2023. REUTERS/Chris Helgren

E3 Lithium signed a non-binding memorandum of understanding with battery materials maker Epsilon CAM on Monday to supply up to 5,000 metric tons of battery-grade lithium carbonate annually from Canada's Clearwater project. The five-year proposed supply agreement represents up to 40% of E3's planned Stage 1 production capacity of 12,000 tonnes per year. The partnership connects North American lithium brine extraction directly into downstream battery manufacturing as global supply chains diversify.

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