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TDK Ventures invests in Novalith clean lithium-extraction technology

Charged

Embargo til April 17 TDK Ventures has invested in lithium-extraction startup Novalith, which has developed a novel system for extracting battery-grade lithium from resource deposits. Novalith points out multiple drawbacks of current lithium production methods.

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Li-Metal completes concept study for commercial-scale lithium metal plant

Charged

Li-Metal , a Canada-based developer of lithium metal technologies, has completed a concept study for a commercial North American lithium metal production facility with an annual capacity of up to 1,000 tonnes. Li-Metal expects its plant to require approximately 5,600 tonnes of lithium carbonate per year.

Lithium 119
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Technology Trending: Electrification trend, DEWA battery patent, solar table

Smart Energy International

Electrification and renewables top McKinsey’s tech trends, DEWA innovates on battery performance and a solar table for gardens are on the technology radar. Building upon existing technologies such as applied AI and industrialising machine learning, generative AI has high potential and applicability across most industries, states McKinsey.

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Albemarle to use 6K’s UniMelt plasma tech for lithium battery materials

Charged

Specialty chemicals firm Albemarle has signed a joint development agreement with materials management specialist 6K to use 6K’s patented UniMelt plasma technology to develop lithium battery materials. Albemarle has also made an undisclosed investment in 6K through venture capital firm Volta Energy Technologies.

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Eramet and ES launch geothermal lithium pilot in Rittershoffen, France

ThinkGeoEnergy

The French mining company Eramet and Électricité de Strasbourg (ÉS) have inaugurated a new pilot project for the direct extraction of lithium from geothermal brine at the Rittershoffen geothermal heat plant operated by ES in Eastern France.

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LG and Shell back high performance lithium-ion battery development

Smart Energy International

South 8 Technologies has raised $12 million in Series A financing to commercialise next-generation electrolytes for lithium-ion batteries. The financing round was led by industrial venture investor Anzu Ventures along with LG Technology Ventures and Shell Ventures as well as Foothill Ventures and Taiyo Nippon Sanso Corporation.

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Startup Safe-Li to commercialize new battery separator tech that prevents thermal runaway

Charged

Pennsylvania-based venture capital firm Green Swan Partners (GSP) has reached an agreement with Skysong Innovations , the technology transfer arm of Arizona State University (ASU), granting GSP the exclusive option to finalize commercial rights to ASU’s fire-safe battery technologies. Source: Green Swan Partners.

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