ElectraLith develops technology solutions for lithium production. It aims to reduce carbon emissions, toxic waste, and water loss in order to produce lithium. The company was founded in 2021 and is based in Melbourne, Australia.
Expert Collections containing ElectraLith
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
ElectraLith is included in 1 Expert Collection, including Energy Storage.
Companies in the Energy Storage space, including those developing and manufacturing energy storage solutions such as lithium-ion batteries, solid-state batteries, and related software for battery management.
Latest ElectraLith News
Jun 28, 2023
“Even though seawater is a brine, the concentration of lithium is too low for cost effective extraction, but we are already thinking about designing the next generation of membranes to improve lithium extraction, so maybe in the future we can extract lithium from new sources,” said Dr Wang. Demand for lithium is growing due to its global use in large-scale batteries for electric vehicles and renewable energy storage. By 2030 the market for lithium is predicted to be worth $22.6bn compared to $7bn in 2022. To meet this exponential growth, lithium supply is projected to increase up to 800 per cent or approximately one million tonnes per annum by 2050. The extraction of lithium from mineral deposits such as Spodumene, Pegmatite, and Jadarite requires industrial processing to extract the small percentage of contained lithium. The coexistence of lithium alongside high concentrations of sodium, potassium, magnesium, and calcium ions poses challenges to its recovery from brine. Typically, a combination of evaporation, precipitation, and chemical treatments is employed to concentrate and separate lithium ions from these competing ions. To meet the escalating global demand for lithium, Direct Lithium Extraction (DLE) technologies are required, and several teams globally are pursuing novel solutions. “ ElectraLith's breakthrough approach employs a novel lithium-ion selective membrane in combination with well-established industrial electrodialysis systems utilised in production,” a company spokesperson said. “Using electro-membrane technology in extraction and refining exploits the exceptional mobility of lithium ions, outperforming conventional pressure-driven membrane technologies like reverse osmosis. Again, such membrane processes are well established and proven at scale, such as in seawater desalination.” The company added that ElectraLith's technology, driven by electrical potential, enables the rapid concentration of lithium from trace levels to commercially desired quantities, meeting the needs of lithium battery mineral producers. Additionally, the electrochemical process facilitates the direct production of lithium hydroxide, a critical battery mineral. “Contrasting conventional Direct Lithium Extraction systems reliant on chemical precipitation, pH adjustments, or organic solvents, ElectraLith's electro-membrane technology relies solely on electricity, preferably sourced from renewable alternatives such as solar or geothermal energy, abundant in the areas where these resources are extracted,” the spokesperson said. “ElectraLith seeks to significantly speed up the industrial-scale lithium extraction and refining which is presently dependent on the concentration of brines - over months to years - in evaporation ponds and necessarily employs chemical precipitation.”
ElectraLith Frequently Asked Questions (FAQ)
When was ElectraLith founded?
ElectraLith was founded in 2021.
Where is ElectraLith's headquarters?
ElectraLith's headquarters is located at 360 Elizabeth Street, Melbourne.
What is ElectraLith's latest funding round?
ElectraLith's latest funding round is Incubator/Accelerator.
How much did ElectraLith raise?
ElectraLith raised a total of $1.62M.
Who are the investors of ElectraLith?
Investors of ElectraLith include Cicada Innovations, IP Group, Rio Tinto Group and Monash University.