OLDS, Alta. - Alberta got out of the starting gates in the global critical minerals race Thursday with the opening of the province’s first lithium extraction pilot project.
“The opportunity to be a global leader, and to make Alberta a lithium jurisdiction, is really and truly here.”electric vehicleCurrently, the world’s biggest lithium producers are Australia, Chile and China. However, it has long been known thatis home to one of the world’s largest lithium deposits, located deep underground in the Leduc geological formation, which is also a major oil-and-gas producing area.
The company plans to pilot its technology over the course of this fall, with the goal of opening a full-scale commercial plant in the same area by late 2026. And the extraction process for lithium is not that technically different from oil and gas extraction, meaning the province’s oil-and-gas engineers and geologists “fundamentally understand” what it’s all about, Doornbos said.
Brian Jean, Alberta’s Minister of Energy and Minerals, said his government wants to see the province become a “preferred producer and supplier” of industrial minerals and critical metals. The federal government has also announced hundreds of millions in government subsidies in an effort to attract battery production and EV manufacturing to Canada.
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Alberta enters global lithium race with opening of first extraction pilot projectOLDS, Alta. — Alberta's first lithium extraction pilot project is officially up and running. Calgary-based junior resource company E3 Lithium celebrated the grand opening of the site near the town of Olds in central Alberta on Thursday. The company will be using its unique technology to extract the lithium that occurs naturally within oilfield brines. Lithium is in demand around the globe right now because it is a key component in electric vehicle batteries. Alberta is home to one of the world's
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