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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 lithi