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As the world is steadfast in transitioning to sustainable energy, Energy Exploration Technologies Inc. has a mission to power the future. Founded by entrepreneur, Teague Egan, and a team of the world’s leading scientists and sustainable energy veterans, EnergyX is creating revolutionary technology to support the necessary shift to clean energy.

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EnergyX Secures Landmark Site for Project Lonestar™ Lithium Plant at TexAmericas Center September 4, 2025 EnergyX Completes 35,000-Acre Smackover Lithium Mineral Deposit Acquisition from Pantera, Advancing Strategic Leadership in U.S. Lithium Production July 9, 2025 EnergyX Holds Grand Opening of New 40,000 SQFT Lithium Innovation Headquarters in Austin November 22, 2024 DealMaker Powers EnergyX’s $75 Million Retail Investment Round October 4, 2024 EnergyX Powers Up in Austin: Surpasses 100 Global Headcount and unveils new 40,000 SQFT Production Facility September 26, 2024 Official Statement: EnergyX on Galan Asset Acquisition Proposal August 6, 2024 EnergyX Honored to Be Included in Guggenheim Securities’ Prestigious “The Efficient Frontier” Report June 25, 2024 EnergyX Announces Major Lithium Development in Ark-La-Tex region June 20, 2024 EnergyX Recognized in Fast Company’s 2024 World Changing Ideas Awards May 24, 2024 EnergyX Achieves Breakthrough Milestone for Solid-State, Lithium Metal Battery November 15, 2023 EnergyX Announces Enhanced Direct Lithium Extraction Process November 10, 2023 EnergyX Announces Major Strategic Investment from South Korean Syndicate to Drive Innovation in Direct Lithium Extraction October 17, 2023 EnergyX Taps Battery and Banking Veteran, Mayank Sharma, as Chief Financial Officer as Company Accelerates Commercialization Efforts July 18, 2023 GM Leads $50 Million Funding Round in EnergyX to Unlock U.S.-Based Lithium Supply for Rapidly Scaling EV Production April 11, 2023 EnergyX Taps Endeavor For Advisory Services As it Expands Its Global Footprint September 10, 2022 EnergyX Secures $450 Million Funding Agreement With Global Emerging Markets July 22, 2022 Statement on Bolivia’s YLB Tender Process June 14, 2022 Juan Carlos Barrera Named EnergyX President of Lithium, South America May 27, 2022 EnergyX to Support Healthcare and Education Infrastructure in Bolivia’s Potosí and Uyuni Region Through Multi-Year Funding Pledge May 4, 2022 Bolivian Innovation on Display: Santa Cruz Start-Up MOBI LATAM Partners With EnergyX to Build Next Generation Batteries April 20, 2022 LiTAS™ Lithium Extraction Pilot Plant Deployed to Bolivia — World’s Largest Lithium Reserves December 21, 2021 EnergyX Hiring 100+ People in Energy Tech Expansion June 16, 2021 EnergyX Raises $20 Million in Funding Commitments to Become a World Leader in Direct Lithium Extraction Technology May 11, 2021 EnergyX Announces Partnership with Nobel Prize Winning Inventor of the Lithium-ion Battery September 25, 2020 EnergyX announces partnership with ProfMOF, leading Nanotechnology Innovation Lab August 12, 2020 Top Lithium Producer Orocobre Looks To EnergyX Direct Extraction Technology August 5, 2020 Nature Materials Publishes Revolutionary Lithium Extraction Technique March 10, 2020 EnergyX Wins Dubai “Unicorn” Pitch Competition with Softbank, Saudi Aramco, and Total February 27, 2020 EnergyX Signs Landmark Licensing Deal with University of Texas to Revolutionize Energy Storage September 14, 2019

Press Kit 2025

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FREQUENTLY ASKED QUESTIONS See all FAQs

What is Energy Exploration Technologies?

Energy Exploration Technologies, known as EnergyX, is a next-generation energy technology company advancing the critical materials that power the global energy transition. Our modular and brine agnostic flow sheet integrates a suite of Direct Lithium Extraction (DLE) technologies, supported by more than 120 patents, into a scalable and high-efficiency system. We also own nearly 150,000 gross acres of world-class lithium resources in Chile and the United States, positioning EnergyX as both a technology innovator and a resource developer. Together, these capabilities make EnergyX a fully integrated platform for the future of lithium production

When was EnergyX founded?

EnergyX was founded by serial entrepreneur Teague Egan and incorporated on December 18, 2018 in San Juan, Puerto Rico.

Why is lithium important?

Lithium is the backbone of modern energy storage and the key ingredient in batteries that power electric vehicles, consumer electronics, and large-scale renewable energy systems. As the world accelerates toward electrification, demand for lithium is soaring far faster than current supply. Meeting climate and energy goals requires massive growth in battery production, and that growth is only possible with reliable, high-quality lithium. Simply put, without lithium, the global shift to clean transportation and sustainable energy cannot happen.

When will EnergyX be ready for market?

EnergyX is in the technology development and scaling stage right now. We must go through a series of in-field pilot plants and demonstration plants before commercial facilities can be deployed. EnergyX GET-LiT technology has been in the market since 2024. Our best estimate is that by 2027 EnergyX will be building its first commercial plant. Solid-state battery technology could be implemented shortly thereafter. See Sustainability 101.

Where are EnergyX’s resource projects located?

In 2023, EnergyX acquired 100,000+ mining acres near Salar de Punta Negra basin (east margin of Domeyko Range), where the company is currently developing the world’s first commercial DLE facility, accompanied by a refinery plant near the Mejillones port, known as our Project Black Giant™. 

EnergyX has constructed a pilot plant with two lines in Austin, TX at our Innovation Headquarters. This will be followed by the market demonstration plant in the Smackover Region (H2 2025) with Project Lonestar™ Lithium, which is expected to process 50-100 tons of LCE per year. This pilot plant is operating as of 03 2024 with production capacity of 2-3 tpa.