Transforming the lithium industry with 3x better technology
Join the forefront of the lithium revolution with EnergyX.
- Backed by General Motors, POSCO, and the U.S. Department of Energy
- Acquired 100k+ acres of lithium mining rights in Chile
- Announced Project Lonestar, potentially the largest lithium production facility in the U.S.
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EnergyX Highlights
Revolutionary Technology
6
Agreements in place with top lithium producers
120+
Patents across 38 patent families
300%
More lithium extracted than conventional methods
IS Backed by Major Institutions
General Motors leads $50 million funding round to unlock U.S.-based lithium supply for rapidly scaling EV production.
Department of Energy selected EnergyX for a $5 million grant to extract lithium from geothermal brines in California
POSCO, a leading lithium battery materials company, will provide financial and strategic benefits to EnergyX.
Our Vertically integrated projects
Project Black Giant
We acquired 100k+ acres of lithium mining concessions in Chile. This has the potential to support a 40,000 metric tons per year lithium plant.
READ MOREBlack Giant
- Chile’s first commercial DLE plant
- Close proximity to infrastructure and railways
- Integration with nearby solar energy and desalination plants
- Up to 50% in cost reduction compared to competitors
- Planning to open demo plant in Q4 2024
Project Lonestar
The project aims to solidify EnergyX’s position as a leader in the global energy transition and bid to help secure the US battery supply chain.
READ MORELonestar
- $10M mobile plant in Austin, TX with $5M DOE funding
- Ready to move to the field for testing in early 2025
- Actively acquiring Smackover acreage
- Applying for DOE grants to build a $700M LCE facility in Ark-La-Tex
- Partnering with upstream producers to drill wells and expand geologic analysis on acquired land
- Potential to turn into 25,000 tons/year commercial plant (the current largest active lithium plant in the US produced 5,000 tons/year)
See exactly How our technology works by downloading our investor deck
Updates
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our technology can increase lithium output by up to 300%
Our revolutionary LiTAS™ technology is a true “brine to battery” solution. LiTAS™ can recover up to 90%+ of lithium in a matter of days (compared to just 30% from legacy methods). And we’re the only company in the world that can work with all brine types and integrate with all production methods. We can deliver the fastest, most efficient lithium extraction for our partners at the lowest capital cost possible.
The Battery materials Market Could Reach $546B by 2035
The $112B battery market is expected to reach $546 billion by 2035³. Lithium is a key driver for the battery and energy storage market, and is required for all forms of rechargeable batteries.
The EV Boom Is Fueling Lithium Demand
Lithium is essential for the batteries used in EVs. The lithium market is expected to increase in demand 13x from 300,000 tons per annum to nearly 3.8M tons of lithium per annum by 2035. Every automaker (GM, Ford, VW, Mercedes, Toyota, BMW, etc.) is transitioning their fleet to fully electric, and will all require millions of tons of lithium to manufacture battery-powered cars⁴.
Lithium Is Essential to a Renewable Energy Future
Over the next 10-20 years, lithium is expected, with a high probability, to become one of the most highly demanded natural resources in the world. It will replace fossil fuels as the leading renewable energy storage source, paving a path forward to a sustainable future. Right now, batteries are the bottleneck to store renewable solar and wind energy, and energy storage is exponentially increasing over the next 5, 10, 20 years⁵.
Securing North America’s Lithium Supply
North America has lagged behind lithium production, while China is the 3rd largest lithium producer and controls the majority of the global lithium-ion battery supply chain. It’s a matter of national security that the United States taps into its own lithium sources. We’re making this possible.
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Our Business Model
Technology Licensing Fees (Taas)
lithium production and offtake
recurring consumables replacement
Our Roadmap to 2030
Our patented LiTAS™ is a step-function improvement in lithium extraction earning us customer relationships with the industry’s largest players.
DEVELOPMENT PROGRESS TO DATE
2014
Dr. Huanting Wang
Aug 2018
Dr. Benny Freeman
Dec 2018
EnergyX Incorporated
May 2019
Exclusive IP License
Feb 2020
Suez
2021
EnergyX Funding
June 2021
Austin TX Move
February 2022
First Pilot in the Field in Bolivia.
July 2022
$450M GEM Commitment
April 2023
$50M GM Led Funding Round
2023
Scale Test Beds
2023
Funding Round Opens
Q3-2023
$5M grant from US Department of Energy
Q4-2023
Chile Expansion
Q1-2024
Argentina Expansion
Q3-2024E
Chile Expansion
Q4-2024E
Austin Headquarters
Q1-2025E
First Commercial Plant
Q2-2026E
First Commercial Plant
2028E
Commercial Stage 2
2030E
Commercial Stage 3
Our LiTAS™ Direct Lithium Extraction (DLE) Portfolio
Lithium Ion Transport and Separation (LiTAS™) is our suite of lithium selective and processing mechanisms that incorporates proprietary membranes, solvents and/or adsorbents to improve lithium recovery for existing and new Li-brine resource producers. We’re the only company in the world that has all three classes of DLE technologies. When used together, our suite of DLE technologies can treat any brine type, making us truly brine agnostic.
Adsorbents
Adsorbents technology involves using spherical beads for extraction of target molecules in aqueous solutions. Read More
Solvents
Solvent extraction molecules developed by EnergyX are highly selective towards lithium contained in the brine. Read More
Membranes
Currently, we have a portfolio of patented membrane technologies used in different lithium processing applications. Read More
EXECUTIVE LEADERSHIP
TEAGUE EGAN
TEAGUE EGAN
- Founded EnergyX in 2018; responsible for leading all efforts to evolve the company into a world leader in renewable energy.
- Climate activist and investor in public sector energy assets and sustainable technologies, including Tesla in 2013 at $9/share.
- Multiple time startup founder and entrepreneur in entertainment, technology, and venture capital. (Founder of Innovation Factory VC) focused on technology, sustainability, space, and life sciences.
Juan Carlos Barrera
Juan Carlos Barrera
- Juan Carlos has been in the mining Industry for more than 32 years.
- Worked 2 years for Exxon and 28 years at SQM, one of the largest producers of Lithium in the world.
- During the last 12 years in SQM worked as the Lithium and Potassium Senior Operations Vice-President, responsible for Operations and Projects of Lithium and Potassium from deposit exploration, mining exploitation to the production of different Lithium chemicals and fertilizer products.
Dr. Amit Patwardhan
Dr. Amit Patwardhan
- Joined EnergyX in 2020. Leads all technology related initiatives.
- 12 years as Director of Global Research at Rio Tinto (global Fortune 500 Mining & Metals company; over $40 billion in annual revenue).
- Co-invented lithium recovery process in Europe & CA lithium projects.
- Managed international teams across 4 continents; & $40M R&D budget.
- Published 50+ peer-reviewed papers; BS in Chemical Engineering from the India Institute of Tech; MS, PhD and MBA degrees in USA.
Mayank Sharma
Mayank Sharma
- Joined EnergyX in 2023
- 15+ years in investment banking, fintech, EV, batteries and transformative technologies.
- Comprehensive background will benefit EnergyX as we embark on commercializing our revolutionary direct lithium extraction, refining, and battery technology.
Milda Saenz
Milda Saenz
- Milda Saenz serves as the Vice President of Growth Strategy at EnergyX, focusing on intangible aspects like Patent Portfolio Expansion and Talent Acquisition.
- With 15 years of experience in global technology transfer and business management, Milda has an extensive background in Intellectual Property (IP) Law, overseeing a portfolio of 200+ patents in battery, material science, and green energy technologies.
- Prior to joining EnergyX, she held the position of Intellectual Property Manager at the University of Texas at Austin and the Insight Center for Data Analytics in Ireland, complementing her MBA degree from the McCombs School of Business at UT Austin.
Simonida Tilton
Simonida Tilton
- Simonida is the Corporate Counsel for EnergyX, overseeing commercial transactions and corporate governance.
- Prior to joining EnergyX, Simonida served as Of Counsel at Dunn Carney LLP, one of the largest law firms in Portland, Oregon, serving the Business practice group and advising clients in matters of formation, corporate structuring, private placements, and mergers & acquisitions.
- Simonida received her J.D. from Chicago-Kent College of Law and her B.S in Business and Law from Oxford Brookes University.
Kellee Khalil
Kellee Khalil
- Passionate about protecting the planet from climate change
- Experienced in marketing and business development, with a focus on making sustainability "cool" and driving renewable energy initiatives
ADVISORY & BOARD Members
DR. BENNY FREEMAN
BOB GALYEN
MICHAEL EGAN
ARIEL EMANUEL
RAMEZ NAAM
