{"id":37158,"date":"2023-09-11T09:58:28","date_gmt":"2023-09-11T08:58:28","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=37158"},"modified":"2024-01-19T15:23:35","modified_gmt":"2024-01-19T15:23:35","slug":"alberta-enters-global-critical-minerals-race-with-first-ever-lithium-pilot-project","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/alberta-enters-global-critical-minerals-race-with-first-ever-lithium-pilot-project\/37158\/","title":{"rendered":"Alberta enters global critical minerals race with first-ever lithium pilot project"},"content":{"rendered":"
The lithium pilot project, situated east of Olds in central Alberta, marks a new era for the province\u2019s traditionally oil- and gas-dominated economy.<\/p>\n
Chris Doornbos, CEO of E3 Lithium, commented: \u201cWithout forsaking our past, the lithium pilot project opens up a whole new industry, using our existing skill set.<\/p>\n
\u201cThe opportunity to be a global leader and to make Alberta a lithium jurisdiction is really and truly here.\u201d<\/p>\n
Lithium is in huge demand across the globe currently due to its use in electric vehicle batteries<\/a>.<\/p>\n Currently, the world\u2019s biggest lithium producers are Australia, Chile and China.<\/p>\n However, Alberta is home to one of the world\u2019s largest lithium deposits, located deep underground in the Leduc geological formation, which is also a significant oil- and gas-producing area.<\/p>\n Until now, there has been little interest in producing Alberta\u2019s lithium pilot project. However, the growth in electric vehicles and the increasing demand for lithium-ion batteries has changed that.<\/p>\n