Making Alberta a lithium leader

Source: | · GOVERNMENT OF ALBERTA · | August 15, 2024

$5 million through the industry-funded TIER program will expand technology that turns wastewater from oil and gas into minerals used for smartphones, electric vehicles and more.

Global demand for lithium is soaring. This mineral is used to create batteries for a wide range of electronics that people rely on every day, from pacemakers, smartphones and laptops to medical equipment, alarm systems, and electric vehicles. Massive amounts of lithium will be needed to meet the growing demand.

Through the industry-funded Technology Innovation and Emissions Reduction (TIER) program, Alberta’s government is providing $5 million to help Calgary-based E3 Lithium commercialize a new technology that extracts lithium naturally found in saltwater – known as brines – produced by the oil and gas sector and turns it into lithium products that can be sold to battery producers and automotive companies. This project is an example of the TIER fund in action as industry works to maintain Alberta’s reputation as Canada’s energy and innovation capital.

This technology will ultimately help diversify the economy, attract investment and create high-paying energy sector jobs in Alberta.

“There is a critical minerals race happening worldwide, and Alberta is setting the pace. Home to Canada’s largest brine reserves, well-documented drill sites and a talented oil and gas workforce, our province is the best place for E3 Lithium to get this great technology closer to commercialization. Together, we are supporting jobs, diversifying the economy, and creating a brighter energy future where Alberta is a global leader in lithium production.”

Rebecca Schulz, Minister of Environment and Protected Areas