The startup develops battery-grade lithium chemicals using optimized process designs that minimize resource use and CO2 emissions. This approach provides the battery supply chain with sustainable materials essential for the transition to electric mobility.
Funding
$580K 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 electric vehicles and energy storage solutions requires a reliable and sustainable supply of battery-grade lithium chemicals. Current lithium production methods can be resource-intensive and generate significant CO2 emissions, posing environmental challenges. Europe is also largely dependent on Chinese lithium for battery production.
Solution
Viridian Lithium refines lithium using optimized process designs that minimize resource use and CO2 emissions, strengthening the European battery supply chain. The company leverages technical expertise and environmental responsibility to produce battery-grade lithium chemicals. Viridian Lithium is building a lithium conversion plant with an initial production capacity of 28,500 tonnes per year of lithium hydroxide monohydrate, starting in 2028. The company also focuses on recycling technologies to ensure the efficient reuse of lithium resources, promoting a circular economy.
Target Audience
The primary customers are battery manufacturers and electric vehicle producers in Europe seeking a reliable and sustainable supply of battery-grade lithium chemicals.
Features
- Production of battery-grade lithium hydroxide monohydrate
- Optimized process designs for minimal resource consumption and CO2 emissions
- Advanced R&D capabilities in collaboration with the CNRS (Centre National de la Recherche Scientifique)
- Proprietary intellectual property for tailor-made lithium processing solutions
- Focus on Life Cycle Assessment (LCA) to minimize the carbon footprint of lithium production
- Recycling technologies for efficient reuse of lithium resources
- High recovery rates to maximize yield from raw materials