Imperial Oil signs deal with E3 Lithium to advance pilot project

Imperial Oil Ltd. has signed a deal with E3 Lithium for a lithium project in Alberta and agreed to invest $6.35 million in the company. The agreement helps advance E3 Lithium's Clearwater project, which will draw lithium from under the Leduc oilfield. It includes drilling lithium evaluation wells and the scaling up of E3 Lithium's technology, which brings the brine liquid to the surface where the lithium is removed and concentrated. Under the agreement, E3 Lithium will continue to operate the Cl