EnergyX utilizes patented Direct Lithium Extraction technologies to efficiently convert brine into high-purity lithium products, addressing the global supply shortage of this critical resource. The company's advancements in lithium refining and battery innovation support the growing demand for sustainable energy storage solutions in electric vehicles and renewable energy systems.
Funding
$179.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The increasing demand for lithium in electric vehicles and renewable energy storage is creating a global supply shortage. Traditional lithium extraction methods from brine sources are often inefficient and economically limiting.
Solution
EnergyX has developed patented Direct Lithium Extraction (DLE) technologies to improve the efficiency of lithium production from brine resources. Their DLE process aims to maximize lithium recovery rates and improve the economics of lithium extraction. The company's technologies address the growing need for high-purity lithium products to support the expansion of electric mobility and grid-scale energy storage. EnergyX also develops simplified refining technologies to convert brine to sellable products.
Target Audience
The primary target audience includes battery manufacturers, electric vehicle companies, and energy storage providers seeking a reliable and sustainable source of high-purity lithium.
Features
- Patented Direct Lithium Extraction (DLE) technologies for efficient lithium recovery from brine
- Simplified lithium refining technologies to convert brine into high-purity lithium products
- Focus on maximizing lithium recovery rates from diverse brine compositions
- Development of next-generation solid-state batteries with high safety and energy densities