Minerva Lithium develops direct lithium extraction technology that utilizes precipitation methods for critical mineral recovery, enabling on-site lithium refining from geothermal and oilfield brines. This approach reduces carbon emissions from transportation and addresses the increasing demand for lithium in battery manufacturing, particularly for electric vehicles.
Funding
$75K 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 battery manufacturing, especially for electric vehicles, necessitates more efficient and sustainable extraction methods. Traditional lithium refining methods are energy-intensive, generate significant carbon emissions from transportation, and can be environmentally damaging. Reliance on foreign sources for lithium refining also creates supply chain vulnerabilities.
Solution
Minerva Lithium develops direct lithium extraction (DLE) technology using precipitation methods to enable on-site lithium refining from geothermal and oilfield brines. Their modular and scalable refining units are deployed directly at the source, reducing the need for long-distance transportation of materials to conventional refining facilities. This approach lowers carbon emissions, saves time and capital for clients, and offers a safer, more energy-efficient alternative to traditional refining methods. By providing a sustainable North American supply chain, Minerva Lithium reduces dependence on foreign lithium sources.
Target Audience
Minerva Lithium's primary customers are lithium battery manufacturers, developers, and research labs seeking a reliable and sustainable source of battery-grade lithium materials.
Features
- Direct Lithium Extraction (DLE) technology utilizing precipitation methods for critical mineral recovery.
- Modular and scalable refining units for on-site deployment at geothermal and oilfield brine sources.
- Energy-efficient alternative to traditional lithium refining methods.
- Reduced carbon emissions through minimized material transportation.
- Sustainable North American supply chain for lithium refining.