The transition to renewable energy and electric vehicles is creating an unprecedented investment opportunity. Demand for lithium is projected to grow 20X by 2040¹, and our breakthrough lithium extraction technology can extract 300% more lithium than current methods.
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Strategic agreements in place with top lithium producers
Patents across 19 patent families
More lithium extracted than conventional methods
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
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 $112B battery market is expected to reach $546 billion by 2035 ³. Lithium is a key driver for the battery and energy storage market, and is required for all forms of rechargeable batteries.
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 cars.⁴
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 years.⁵
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.
Our patented LiTAS™ is a step-function improvement in lithium extraction earning us customer relationships with the industry’s largest players.
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 technology involves using spherical beads for extraction of target molecules in aqueous solutions. Read More
Solvent extraction molecules developed by EnergyX are highly selective towards lithium contained in the brine. Read More
Currently, we have a portfolio of patented membrane technologies used in different lithium processing applications. Read More
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