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Quick, name a resource more vital today than lithium.
That’s hard to reply. Lithium is the an essential resource powering the modern world. Some of the fastest-growing industries – smartphones, electric cars and renewable energy, to call a few – rely on batteries powered by lithium. This is because lithium-ion batteries typically charge faster and last more.
That’s all”White gold” is needed for lithium demand to extend twenty-fold by 2040, as forecasted. This growth creates huge opportunities for firms that may supply lithium. As Elon Musk put it: “Do you like minting money? Well, the lithium business is for you. “
One of the founders took care of it. Enter Teague Egan and his company EnergyX. As an experienced climate activist and successful entrepreneur, Egan was aware of the growing importance of lithium for renewable energy. He also knew that meeting the world’s demand for lithium in traditional ways simply wouldn’t work. He founded EnergyX in 2018 to unravel a problem.
Egan’s idea for EnergyX was easy. Instead of relying on outdated methods, EnergyX would develop technology to extract lithium faster, cleaner and cheaper. Five years later, EnergyX claims its technology can extract 300% more lithium than older methods.
Now, investors are lining as much as support EnergyXincluding General Motors. GM just led a $50 million Series B round for EnergyX and is working with EnergyX to assist secure its lithium supply.
These opportunities are not limited to firms like GM. Ordinary investors can invest in EnergyX with GM. Over 4,600 people have already invested. You can too by visiting their website here.
Want to learn more about why investing in EnergyX is such an exciting opportunity? This is the story of how EnergyX is transforming the lithium industry and why it could possibly be one of the most enjoyable investment opportunities in 2024.
How LiTAS™ is disrupting a $546 billion market.
By 2035, the battery materials market is expected to achieve $546 billion. However, lithium production cannot sustain. Worse still, as much as 60% of the world’s lithium comes from methods that harm the environment.
Fortunately, EnergyX technology solves each problems. EnergyX claims to be supported by over 75 patents from 19 patent families Lithium-ion transport and separation (LiTAS™) The technology means that you can get better over 90% of lithium from brine in just a few days. That’s 3 times more lithium than is currently available, all without wasting water, space or time. No harsh chemicals are needed either.
What sets EnergyX Technology apart is that it is the only company with all three direct lithium extraction technologies: adsorbents, solvents and membranes. They can adapt these technologies to reduce costs and maximize lithium yields for customers, no matter conditions, the company says.
Their technology has the potential to unlock lithium supplies in hard-to-reach or previously uneconomic places, and that is one of the primary the explanation why automotive firms like GM are so intrigued.
GM is leading a $50 million EnergyX financing round.
By 2040, converting American cars to electric vehicles would require 20 times more lithium than the entire world produced today just five years ago. A 2,000% increase in demand for natural resources is unheard of.
To help secure their access to lithium, General Motors partners with EnergyX, leading a $50 million investment round.
The collaboration goals to revolutionize the North American lithium supply chain through EnergyX’s modern direct lithium extraction (DLE) technology. GM is investing in the entire North American battery supply chain, from raw materials to full battery cell production.
This partnership addresses the global lithium shortage bottleneck in scaling electric vehicle production. EnergyX’s achievements include a groundbreaking pilot plant in the Lithium Triangle with exceptional lithium recovery rates.
GM’s investment likely strengthens EnergyX’s position as a leader in DLE technology. It may also support their research and development efforts, including pure lithium anodes and solid-state lithium metal batteries.
Car firms aren’t the only groups racing to secure lithium. This also becomes a matter of national security.
Securing North America’s Lithium Supply.
Lithium has grow to be so essential to meeting global energy demand that China and the United States are racing to regulate the world’s lithium supply. Over the past decade, China has spent greater than $60 billion to grow to be the world’s largest lithium refiner. China is also expanding its reach, bringing together manufacturers internationally.
For the United States to fulfill growing demand for lithium – at least 500,000 tons will probably be needed annually by 2034 for electric vehicles alone – it cannot afford to rely on foreign sources comparable to China. In fact, relying on China for lithium is a national security nightmare.
While North America has not traditionally been a major producer of lithium, this could possibly be possible with the right technology. Just one small region in California – the Imperial Valley – can supply 50% of the lithium needed for US electric vehicles alone.
EnergyX extraction technology could transform the United States and North America into a lithium power plant. They even won a US Department of Energy grant of $5 million to extract lithium from geothermal brines in California.
Due to such a transformational potential, EnergyX is attracting a lot of attention from investors. Here’s how you may invest.
EnergyX investment opportunity.
EnergyX raises capital from investors. The opportunity to take a position in EnergyX is open to everyone, not only Wall Street banks or accredited investors. You should buy EnergyX stock for $8 per share. They have already been joined by over 4,600 investors who have invested almost $60 million so far.
This is an exciting opportunity to take a position in a private company at an early stage of development, alongside firms comparable to GM.
To learn more about EnergyX, their growth plan or investment opportunities, just visit their website by clicking here.
Disclosure: This is a paid commercial for the EnergyX Reg A offer. Please read the offer circular at invest.energyx.com.
An entrepreneur may receive monetary remuneration from an issuer or its agency for publicizing an offering of the issuer’s securities. The entrepreneur and the issuer of this offer do not make any guarantees, representations, warranties or guarantees that any of the services will bring a profit or is not going to cause a loss.