Lilac Solutions has developed a new ion exchange technology that is fundamentally different from other lithium recovery technologies that have been deployed around the Salton Sea. |
The Bill Gates-backed Breakthrough Energy Ventures fund has led a $20m investment into a start-up promising a more efficient way to extract lithium for batteries.
Oakland-based Lilac Solutions says its ion exchange technology will enable a “massive increase in lithium supply needed for electric vehicles” from brine-based deposits.
Lilac is working with a company called Controlled Thermal Resources on extracting lithium from geothermal brines in the Salton Sea in California, Dave Snydacker, chief executive of Lilac Solutions, said.
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