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Fast — identify a useful resource extra vital to the longer term than lithium.
It isn’t simple. Lithium is the muse of the fashionable vitality economic system, powering electrical automobiles, smartphones, and renewable infrastructure. Additionally it is a vital materials for the nuclear vitality revolution. And demand is simply climbing – it’s anticipated to surge 5X by 2040.
This spike in demand is pushing governments and international companies right into a high-stakes race for provide. As Elon Musk famously put it: “Do you want minting cash? The lithium enterprise is for you.”
One entrepreneur took that to coronary heart. Now he is main what’s arguably one of the crucial formidable lithium ventures on the planet with sights on staking declare to the renewable vitality throne.
Meet Teague Egan, founding father of EnergyX, who has been dubbed by some as The Lithium King.
To satisfy this second, he created extraction know-how that he says can get better as much as 300% extra lithium than conventional strategies. It did not take lengthy for the {industry} to note. EnergyX has already earned backing from Common Motors, which led a $50M funding spherical to assist its 2035 EV targets, an funding from vitality large Eni, a $5M U.S. Division of Vitality grant, and a vital alliance with Korea’s POSCO to increase in North America.
Then got here one of many greatest strikes but: In 2024, EnergyX secured one of many largest lithium brine belongings within the Americas – greater than 100,000 acres in Chile’s “Lithium Triangle.” A latest third-party examine by engineering agency Worley and geologists Montgomery & Associates confirmed the positioning’s immense potential, projecting it may generate greater than $1.1 billion yearly as soon as totally operational, at projected market costs.
Egan did not cease there both. EnergyX is ready to accumulate land in America’s Smackover Area from Pantera Lithium, which can carry their U.S. mining territory to just about 50,000 acres in dimension. Importantly, this new EnergyX acreage within the U.S. is straight subsequent to Exxon and Chevron’s acreage, who’ve began lithium enterprise items of their very own.
The end result? Confirmed know-how, huge reserves, strategic partnerships, and a transparent path to business manufacturing.
From idea to commercialization: 90%+ extraction effectivity
Egan launched EnergyX with a mission to repair a damaged {industry}. Conventional lithium extraction strategies are outdated, inefficient, and damaging to the atmosphere, so he got down to create a greater approach.
The end result was LiTAS®, EnergyX’s patented extraction platform. Not like legacy processes, LiTAS® makes use of a mixture of membranes, solvents, and adsorbents – making it the one direct lithium extraction (DLE) platform with all three approaches.
That breakthrough has helped the corporate increase greater than $135 million from 35,000+ buyers, together with a $50M Sequence B led by Common Motors.
Now, EnergyX is getting into its most enjoyable part but (and welcoming on a regular basis buyers to hitch).
EnergyX secures one of many largest lithium brine belongings within the Americas
After establishing its know-how, EnergyX turned its sights to securing top-tier lithium sources. In 2023, the corporate secured mining rights to a 100,000+ acre mining territory in Chile’s “Lithium Triangle,” extensively thought of probably the most lithium-rich area on Earth. Dubbed Mission Black Large™, preliminary estimates have been pegged at 2.6M metric tons of lithium.
On the time of acquisition, it was already seen as a strategic win, however they have been solely simply discovering the total extent of its potential.
Unbiased examine confirms this might be a $1.1B annual income generator
Earlier than any lithium asset can start business manufacturing, it should endure an unbiased pre-feasibility examine (PFS). This rigorous engineering and financial evaluation evaluates the useful resource’s dimension, high quality, and viability.
The unbiased PFS for Mission Black Large™ revealed EnergyX’s Chilean mining territory has much more upside than initially believed. Third-party analysis confirmed at the very least 4.5 million metric tons of lithium – and as a lot as 9.8 million. That is a major leap from the early 2.6M estimate.
Much more spectacular? The examine confirmed that EnergyX’s LiTAS® system can get better lithium at industry-low capital and working prices. With each a world-class asset and breakthrough tech underneath one roof, the examine projected Mission Black Large™ might be a $1.1B annual income generator as soon as totally operational, at projected market costs.
With the PFS full, EnergyX is now transitioning to business extraction to unlock the immense potential of this sleeping large.
Eni partnership and the worldwide vitality transition
EnergyX’s potential hasn’t gone unnoticed. Along with GM, the corporate earned an funding from Eni SpA, one of many world’s largest oil and fuel corporations. Eni’s involvement underscores a broader {industry} shift towards clear vitality and demanding minerals – and EnergyX’s standing as a pacesetter within the subject.
Collectively, Eni and EnergyX are exploring methods to deploy lithium extraction tech at scale — positioning EnergyX as a key participant in reshaping international provide chains. As geopolitical tensions mount and home provide turns into a precedence, partnerships like these could not come at a greater time.
The Americas: The following lithium frontier
Whereas China continues to dominate international lithium processing, EnergyX is betting massive on the Americas.
The Southern U.S., notably the Smackover Area, has proven among the highest lithium concentrations ever recorded. With the precise tech, this area alone may energy a significant share of U.S. EV manufacturing — with out counting on international sources.
EnergyX’s vertically built-in mannequin — pairing extraction know-how with confirmed reserves — places it in uncommon firm. No surprise greater than 35,000 buyers have jumped on the probability to share in EnergyX’s progress.
A possibility to hitch the subsequent chapter
Final 12 months, demand for EnergyX’s inventory was so overwhelming that buyers maxed out the funding providing, with 1000’s extra reaching out to ask for one more probability to hitch the motion, the corporate says.
Now, with EnergyX able to transition to business scale, they’ve created one other funding providing to assist energy this subsequent part.
The earliest buyers on this new alternative might be eligible for 20% bonus shares in the event that they meet one of many following standards:
- Be an present EnergyX shareholder as of July 1, 2025, or
- Make investments $5,000 or extra for this chance as a brand new investor
This bonus is being distributed on a first-come, first-serve foundation, with a 200,000-share cap. As soon as these shares are gone, the bonus will not be obtainable.
As Mission Black Large™ advances towards business manufacturing and international momentum accelerates, this can be a uncommon alternative to maximise your stake in one of the crucial formidable clear vitality ventures on the planet.
To be taught extra about EnergyX, their roadmap for progress, or the funding alternative, head to their web site by clicking right here.
This can be a paid commercial for EnergyX’s Regulation A+ Providing. Please learn the providing round at make investments.energyx.com/. The testimonials introduced are the opinions of the people offering them. They could not symbolize the expertise of all shoppers or buyers and aren’t a assure of future efficiency or success.
No compensation was offered for these testimonials until explicitly acknowledged.
