How growing global electric car sales could be a boon for Alberta | CBC News: It may sound paradoxical, but electric cars could soon be an economic driver for oil-rich Alberta.

“There’s
a lot of opportunities for lithium in Alberta,” said Roy Eccles, a
senior consultant with Apex Geoscience in Edmonton, in an interview with
CBC’s Radio Active.

Eccles
says exploration in the last decade by companies of the Devonian-aged
oil and gas reservoirs — between 1,600 and 3,330 metres below the
surface — has confirmed the accompanying salt-water brine is enriched
with lithium.

The Leduc Formation, the source of Alberta’s first
big oil boom, is also a rich lithium deposit. There are about 10.6
million tonnes of lithium carbonate equivalent identified in the
province, according to the Canadian Lithium Association, and
the potential could be even higher.

How growing global electric car sales could be a boon for Alberta | CBC News: It may sound paradoxical, but electric cars could soon be an economic driver for oil-rich Alberta.“There’s
a lot of opportunities for lithium in Alberta,” said Roy Eccles, a
senior consultant with Apex Geoscience in Edmonton, in an interview with
CBC’s Radio Active.Eccles
says exploration in the last decade by companies of the Devonian-aged
oil and gas reservoirs — between 1,600 and 3,330 metres below the
surface — has confirmed the accompanying salt-water brine is enriched
with lithium.The Leduc Formation, the source of Alberta’s first
big oil boom, is also a rich lithium deposit. There are about 10.6
million tonnes of lithium carbonate equivalent identified in the
province, according to the Canadian Lithium Association, and
the potential could be even higher.Read More