As the world is steadfast in transitioning to sustainable energy, Energy Exploration Technologies Inc. has a mission to power the future. Founded by serial 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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IN THE NEWS
EnergyX has been gradually gaining vast attention and interest in our work. Check out these articles to see what people had to say.
FREQUENTLY ASKED QUESTIONS
What is Energy Exploration Technologies?
Energy Exploration Technologies is a worldwide leader in the global transition to sustainable energy. The company is changing the way humanity is powering our world and storing clean energy with breakthrough lithium-ion technology and energy storage solutions.
Is lithium safe?
In its pure form, lithium is a very flammable material. Lithium can burst into flames in a number of scenarios as what happened with the Samsung phones circa 2017. This is caused when batteries are not made with the utmost safety precautions.
Where does lithium come from?
Lithium is a natural resource that comes from the earth. Humans mine lithium from a few different sources. There are two main places are 1) From typical hard rock mining from a pit excavated in the ground, 2) From salt brines, which are very salty waters (>30%) which have high concentrations of lithium (think a salt lake). Most of the high concentration salt brines are in South America in a place known as the lithium triangle.
Humans are emitting over 30 billion tons of CO2 into the atmosphere every year. This is compared to 650 million of the natural earths cycle. If we don’t correct this trend immediately, a terrible outcome lies in our future.
How much energy does a LiTAS use?
Compared to traditional reverse osmosis (R/O) facilities (the types of membrane plants that remove all salts out of ocean water) we use much less energy. Our estimates are only a fraction, around 1/10 of R/O. Compared to the current lithium evaporation ponds that use sunlight, which essentially has no energy cost, we will cost more than that. However, as a relative cost to our overall OPEX, the energy costs are very modest.
How does EnergyX direct lithium extraction technology work?
We use a novel form of membrane to separate lithium ions out of the complex salt mixture in salt brines. Think of it like a soup with carrots, potatoes, broccoli and peas. You put the whole soup through a size sieve, where only the water and the peas fit through. In simple, this is how we separate the lithium from the rest of the ion such as potassium, magnesium, calcium, sulfate, and others.
Does EnergyX have any partners?
EnergyX secured the exclusive worldwide rights to the technology from a tri-institutional collaborative effort between Monash University, CSIRO (the Australian National Laboratory), and The University of Texas at Austin (UT). The work was also backed by a $10.75m U.S. Department of Energy grant.
How much funding has EnergyX received?
Aside from the $10.75m DOE grant supporting the University of Texas research, EnergyX has raised in the millions of dollars, and is a privately funded company with substantial financial backers.
How is EnergyX different from current lithium producers?
EnergyX is not a lithium producer. We develop and sell or license technology to help lithium producers more efficiently and cost effectively produce their products.