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EnergyX Raises $20 Million in Funding Commitments to Become a World Leader in Direct Lithium Extraction Technology News provided by Share this article AUSTIN, Texas, May 7, 2021 /PRNewswire/ -- Energy Exploration Technologies Inc. ( EnergyX) is very proud to announce that early this year it secured commitments of $20 million in financing, ensuring the company as a world leader in direct lithium extraction (DLE) technology. Based in the United States, EnergyX is a technology company that is focused on delivering the latest scientific innovations in sustainable lithium extraction methods and so...

Austin-based renewable energy company EnergyX has received commitments of $20 million in financing for technology development, the company said. EnergyX is developing sustainable lithium extraction methods and solid-state battery energy storage systems for the electric vehicle and personal electronics industries. Lithium is a metallic component key to electric batteries and is expected to play a major role in the global transition to sustainable energy. As the lightest metal on the periodic table, lithium's inherent properties make it an efficient, high-capacity storage method for renewable ...

93 views Source:  Austin American-Statesman Austin-based renewable energy company EnergyX has received commitments of $20 million in financing for technology development, the company said. EnergyX is developing sustainable lithium extraction methods and solid-state battery energy storage systems for the electric vehicle and personal electronics industries. Lithium is a metallic component key to electric batteries and is expected to play a major role in the global transition to sustainable energy. As the lightest metal on the periodic table, lithium's inherent properties make it an efficient,...