Direct Lithium Extraction

EnergyX Scales Direct Lithium Extraction with Eni's Strategic Investment

References: prnewswire

Direct lithium extraction is reshaping critical mineral production as EnergyX advances Project Black Giant in Chile with a $225 million strategic investment from Eni. The project combines EnergyX's proprietary GET Lit™ direct lithium extraction platform with large-scale commercial development, targeting annual production of up to 52,500 metric tons of lithium carbonate during its first phases. Supported by long-term offtake agreements and technical collaboration, the project is designed to lower production costs while strengthening secure lithium supply for global battery manufacturing.

As demand for electric vehicles and energy storage continues to grow, scalable lithium production has become increasingly important for manufacturers and governments seeking dependable critical mineral supplies. Lower-cost extraction technologies can improve project economics while reducing supply chain risks associated with traditional mining operations. For businesses, integrating advanced extraction methods with long-term commercial partnerships helps create more resilient battery material supply networks and supports continued investment in clean energy and electrification industries.

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