The World Needs More Lithium. This Company Cracked the Code to Better Extraction, and They’re Quickly Scaling Into Commercial Production
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What do electric vehicles, energy storage systems, and your smartphone have in common? All of their batteries use lithium, a naturally-occurring metal that’s seeing growing demand from manufacturers around the world.
Unlike other natural resources, the challenge in meeting this multi-billion dollar demand isn’t finding enough of it —it’s the 16th most-common element found in the Earth’s crust—but the extraction process. Traditional methods take up to 18 months and only recover 30% of lithium found in salt lakes or other minerals.
EnergyX not only developed a better extraction process that recovers three-time the amount of lithium in a fraction of the time, they’ve also partnered with top industry leaders to put them in a position to become a global leader in the energy storage market, expected to reach $546B by 2035.
They’re backed by General Motors, and recently received a $5 million grant from the U.S. Department of Energy to extract lithium from geothermal brines. They also recently acquired nearly 50k+ gross acres in the US and 100k+ acres of lithium mining rights in Chile where they are actively building one of the largest lithium production facilities in the country.
Share in EnergyX’s growth by investing today. Minimum investments start at $1,000. Shares are $10 each through Oct. 30.
Closing the Lithium Supply Gap
Globally, less than 300,000 metric tons of lithium are mined each year using legacy methods. As EVs and rechargeable batteries become more popular, the demand for lithium is rapidly approaching that number and is expected to grow to 5 million metric tons by 2040.
EnergyX’s Lithium Ion Transport and Separation (LiTAS®) technology is a true “brine to battery” solution. It can recover over 90% of lithium in days—not months—compared to just 30% using legacy methods. This means faster, more efficient lithium extraction at one of the lowest capital costs the industry has to offer, when benchmarked against known industry leaders.
The technology is backed by over 120 patents and uses all three classes of direct lithium extraction (DLE).
Backed by Global Leaders
Founded in 2018, EnergyX has proven itself by teaming with industry leaders in the EV, energy, and battery production markets. Their partners include:
- General Motors: GM led EnergyX’s $50M Series B offering and holds offtake rights for lithium supply. GM plans to source around 400,000 tons of lithium annually by 2035 to support its EV production.
- Eni: Eni, a global energy company with annual revenues of approximately $100B, is helping EnergyX to evaluate lithium projects and apply their DLE technology to large-scale refining operations.
- POSCO: POSCO, a top battery materials producer, is developing a $4 billion lithium project with rights to partner with EnergyX as part of its global supply chain expansion.
Be a Part of EnergyX’s Growth
EnergyX has secured world-class partners, completed breakthrough technology development, and validated their Chile-based lithium project through an independent study. The 100,000+ acres of owned lithium concessions is expected to support an estimated 52,500 tons/year of lithium production, and is located near existing rail, solar, and desalination infrastructure.
Now, they’re scaling toward commercial production. A $10M demo plant in East Texas is underway with $5M in support coming from the U.S. Department of Energy. Their projected $700M commercial plant is positioned to become one of the largest lithium production facilities in the country, and is expected to generate $100M+ in regional economic growth and 200 full-time jobs.
This is your opportunity to join them at a key phase in their growth. Invest for $10/share through October 30.
EnergyX is offering securities through the use of an Offering Statement that has been qualified by the Securities and Exchange Commission under Tier II of Regulation A. A copy of the Final Offering Circular that forms a part of the Offering Statement may be obtained from: invest.energyx.com
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