At EnergyX, we are at the forefront of the transportation revolution, where electric vehicles (EVs) are no longer a vision of the future but a reality of today. With more EVs hitting the road daily, lithium has become one of the world’s most crucial minerals, as it plays a key role in battery technology. However, traditional lithium mining and refining methods are often slow, expensive, and environmentally challenging.
That’s why we have developed a groundbreaking solution: Direct Lithium Extraction (DLE). We believe DLE is the future of lithium production, and here’s why it could be the key to powering the next decade of EVs.
1. EnergyX’s DLE Technology Slashes Extraction Times
The demand for EVs is set to soar, with over 40 million vehicles expected to be sold annually by 2030—more than 10 times the number sold in 2022. This surge will place unprecedented pressure on lithium production.
Traditional methods can take 18 to 24 months to extract just one metric ton of lithium. Our DLE technology can do it in as little as one or two days. This dramatic reduction in extraction time allows us to supply lithium at a pace that matches the rapidly growing EV market, ensuring that the industry’s demands are met swiftly and efficiently.
2. Bridging the Lithium Supply Gap with EnergyX’s DLE
As EV adoption accelerates, so does the demand for lithium, leading to a potential supply deficit of over 1.4 million metric tons by 2030 if new production methods are not implemented.
Our proprietary LiTAS™ DLE technology can increase lithium production by up to 300% compared to conventional methods. By scaling up lithium output, we’re positioning EnergyX to help bridge this supply gap, ensuring that the critical resource powering tomorrow’s EVs is readily available.
3. Enhancing Battery Capacity with EnergyX’s DLE
The future of transportation isn’t just about more EVs—it’s about better EVs with higher-capacity batteries. Between 2022 and 2030, the demand for energy stored in lithium batteries is expected to grow by 27% annually.
Our LiTAS™ technology plays a pivotal role in this growth. By allowing lithium metals to be directly applied to a battery’s anode, our DLE process can significantly boost energy density. This enhancement will be crucial in developing the next generation of EVs, enabling longer ranges and better performance, which are essential for widespread EV adoption.
Powering the Future with EnergyX’s Direct Lithium Extraction
At EnergyX, we’re not just improving lithium production; we’re revolutionizing it. Our DLE technology is faster, more efficient, and capable of producing more energy-dense batteries, making it the perfect solution for sourcing the lithium needed to power the future of transportation.
Just as the companies that fueled the early days of internal combustion engines saw exponential growth, we believe that those driving the EV revolution will experience similar success. At EnergyX, our mission is to be at the heart of this transformation. Since our initial offering, our share price has increased tenfold, reflecting our commitment to shaping a sustainable and electrified future.
As we continue to innovate and push the boundaries of what’s possible with lithium extraction, EnergyX is proud to be leading the charge in powering the next chapter of transportation.