{"id":196799,"date":"2024-09-30T07:24:29","date_gmt":"2024-09-30T12:24:29","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2024\/09\/energyx-raises-another-50-million-opens-new-production-facility-in-austin-texas"},"modified":"2024-09-30T07:24:29","modified_gmt":"2024-09-30T12:24:29","slug":"energyx-raises-another-50-million-opens-new-production-facility-in-austin-texas","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2024\/09\/energyx-raises-another-50-million-opens-new-production-facility-in-austin-texas","title":{"rendered":"EnergyX raises another $50 million, opens new production facility in Austin, Texas"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/energyx-raises-another-50-million-opens-new-production-facility-in-austin-texas.jpg\"><\/a><\/p>\n<p>The company said its technology can recover 300% more lithium than conventional methods. Traditional extraction typically yields 30% to 40% of lithium from brine, while EnergyX said its DLE achieves a +90% extraction rate.<\/p>\n<p>The technology has raised over $110 million in total funding, backed by investors including <a href=\"https:\/\/www.mining.com\/general-motors-to-invest-50-million-in-lithium-startup-energyx\/\" target=\"_blank\" rel=\"noreferrer noopener\">General Motors<\/a>, Eni and <a href=\"https:\/\/www.mining.com\/web\/posco-backed-group-invests-in-lithium-technology-startup-energyx\/\" target=\"_blank\" rel=\"noreferrer noopener\">POSCO<\/a>.<\/p>\n<p>With two Tier 1 projects underway, Black Giant in Chile is estimated to produce 40,000 tonnes of lithium per year, while <a href=\"https:\/\/www.mining.com\/energyx-to-build-lithium-plant-in-us-ark-la-tex-region\/\" target=\"_blank\" rel=\"noreferrer noopener\">Project Lonestar in the US<\/a> is estimated at 25,000 tonnes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company said its technology can recover 300% more lithium than conventional methods. Traditional extraction typically yields 30% to 40% of lithium from brine, while EnergyX said its DLE achieves a +90% extraction rate. The technology has raised over $110 million in total funding, backed by investors including General Motors, Eni and POSCO. With two [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1497],"tags":[],"class_list":["post-196799","post","type-post","status-publish","format-standard","hentry","category-energy"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/196799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=196799"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/196799\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=196799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=196799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=196799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}