08:51 AM EDT, 05/22/2025 (MT Newswires) -- E3 Lithium ( EEMMF ) reported Thursday initial results from the battery cells manufactured under its joint development agreement with Pure Lithium.

Results from the battery cells -- which use E3 Lithium's ( EEMMF ) brines and direct lithium extraction technology and Pure Lithium's extraction and battery technology -- showed that the various E3 brine streams all achieved a very purity level of over 99.9% pure lithium metal as tested by ICP-OES analysis. The cell performance tests showed that all cells achieved over 500 cycles to date while retaining 80% of its capacity. The charge and discharge tests were conducted at a 1C:1D ratio, one hour charge time and one hour discharge time.

"These results confirm that E3's lithium concentrate can produce battery-ready lithium metal anodes using Pure Lithium's technology," said Chris Doornbos, President and CEO of E3 Lithium ( EEMMF ). "We are very encouraged by the results, and I am excited by the prospect of developing a local lithium battery supply chain in collaboration with Pure Lithium."

E3's share price fell 1.8% on Wednesday to $0.55 on the TSXV.