E3 Lithium (TSXV:ETL) and Axens Collaborate on Lithium Carbonate Offtake and Sorbent Supply

October 16, 2025 — Leads & Copy — E3 Lithium Ltd. and Axens have signed a non-binding memorandum of understanding (MOU) for the sale of lithium carbonate by E3 Lithium to Axens and for Axens to supply E3 Lithium with a lithium selective sorbent.

The strategic collaboration aims to leverage E3 Lithium’s leadership in lithium from brine development and Axens’ advanced technologies to address the growing demand for secure supply chains for critical minerals.

Under the terms, each company will qualify the products with the goal of a mutually beneficial collaboration. Upon completion of the qualification, the MOU outlines the proposal to execute two separate agreements, where the intent is that neither agreement is dependent on the other.

Under one agreement, E3 Lithium will supply lithium carbonate from its Clearwater Project in Alberta, Canada for use by Axens in Europe. Under the second agreement, Axens will supply their proprietary lithium selective Sorbent for use in the E3 Lithium’s DLE processes.

The milestones include: E3 Lithium to produce battery-grade lithium at its Demonstration Facility for review through Axens qualification process; and, E3 Lithium to validate Axens’ Sorbent through standard testing and qualification for use within E3 Lithium’s DLE processes.

Both companies are working in good faith to complete the qualification as quickly as possible and have committed to working together on funding options.

Chris Doornbos, E3 Lithium President and CEO, said the MOU significantly de-risks the Clearwater Project. Quentin Debuisschert, CEO of Axens, added that the agreement greatly supports Axens’ efforts to develop a high-performance sorbent for Direct Lithium Extraction.

Chris Doornbos, President, CEO & Chair, E3 Lithium Ltd.

Kevin Carroll, P. Eng., Chief Development Officer

Source: E3 Lithium

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