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Oilfield services company SLB (aka Schlumberger), has proven its lithium production process at scale at its demonstration plant in Clayton Valley, Nevada. Verified results confirm 96% recovery of lithium from brine at operational rates. Source: SLB
Rio Tinto , a mining and metals company, has begun producing spodumene concentrate, a mineral used in the production of lithium for batteries, at a demonstration plant in Canada. The plant will also test ore from local suppliers, including the lithium producer Sayona. Source: Rio Tinto.
A lithium-ion hybrid battery stores the electricity produced on-board by the fuel cell. Hydrogen is stored in 3 high-pressure fuel tanks, each containing 2.6 kg for a total capacity of 7.8 330 cells are contained within the polymer electrolyte fuel cell stack. When in operation, the Toyota hydrogen Hilux generates zero tailpipe emissions.
The company has developed a hydrometallurgical process to produce battery-grade manganese (HPMSM), a lithium-ion battery cathode precursor material. The demo plant is being built at a 1:10 scale to the planned commercial facility. It materially advanced hot commissioning during January 2025.
Li-Metal, a developer of lithium metal anodes and other battery technologies, has released an operational update for its roll-to-roll anode pilot plant in Rochester, New York. We have demonstrated high-rate deposition, and to our knowledge, we are operating the highest-intensity PVD lithium deposition process in the world.”.
Lithium-ion batteries utterly dominate grid storage deployments these days. But the last decade has seen the long duration storage field make outlandish promises and instead deliver bankruptcies or a slow-rolled smattering of small demos. Munich Re vets flow batteries. Flow batteries will have to win the confidence game.
The deals were signed within days of each other, signalling Pine Gate Renewables’ attempts to look into and invest in lithium-ion alternatives for their battery storage systems. The zinc alkaline cells avoid several issues, that are otherwise known challenges with other battery chemistries, including lithium.
The demonstration featured a 300x100mm pouch cell produced at lithium battery company EVE energy’s manufacturing plant in China. The battery was charged under a 10-minute time limit, during which the cell charged to 20Ah, exceeding the 0% to 80% capacity target set for the demonstration.
Powered by an 80 kWh (with range extender) or 134 kWh (without range extender) lithium-ion-phosphate battery pack, the Tevva Electrify vehicles have an electric range of around 150 km (93 miles) and are available from Tevva with multiple body options.
ONE’s early packs will consist of lithium-iron-phosphate (LFP) cells, along with cells using an experimental high-energy-density chemistry based on a proprietary material rich in manganese with a bare copper current collector known as an “anode-free” design. The BMW iX demo will use generation one, [which] contains nickel and cobalt.
EP North America, a lithium-ion-focused material handling equipment provider, has introduced two new forklifts, which are now available through its dealer network. The CPD45F8/50F8 has an integrated EP Energy 80 V lithium-ion battery that requires zero maintenance, according to the company. EP has added demo units to its fleet.
Salient Energy, seeking an alternative to lithium-ion batteries. Concerns over the lithium-ion battery supply chain did not disappear in 2020. For now, though, Maigue’s colorful creation has at least earnt him a James Dyson Award and mentions in media outlets ranging from Dezeen to Bored Panda. miles into the ground.
The zero-emission vehicle is powered by H2 and a lithium-iron-phosphate (LFP) battery. The newer H2-powered vehicle was targeted for commercial applications and continues to be used as one of the hydrogen fuel cell car demos the automaker offers. The Qingzhou E-H2 has a 500-kilometer range and an 80kW fuel cell.
In other news, German eVTOL maker Lilium’s rough landing, the DOE’s $2 billion bet on lithium, and offshore wind is going ahead in Maine. As part of its EV battery strategy, it’s also “exploring” lithium for battery cathodes and graphite for battery anodes. Can’t get enough deals?
🏠 Lightium , a Zürich, Switzerland-based thin-film lithium niobate (TFLN) developer, raised $7m in Seed funding from Lakestar and Vsquared Ventures. The funding will help strengthen US supply chains for critical components like lithium and cobalt, key to expanding renewable energy and electric vehicle adoption.
In August, a company called Lithium Americas logged what it expects could be a discovery of one of the world’s largest lithium repositories on the Nevada-Oregon border. And once-theoretical policies are translating into real-world actions as the US tries to wrestle away Chinese dominance of critical metals supply chains.
🔋 Anthro Energy , a San Jose, CA-based lithium-ion battery developer, raised $20m in Series A funding from Collaborative Fund, Emerson Collective, Energy Revolution Ventures, Nor’easter Ventures, Overlap Holdings, and other investors. Can’t get enough deals?
💨 Private equity and O&G bet big on climate tech’s next frontiers: DAC and lithium. Blackrock injected $550M into Oxy’s DAC plant and ExxonMobil unveiled its first-ever lithium mining operation. Can’t get enough deals?
Early-Stage 🔋 Princeton NuEnergy , a Bordentown, NJ-based lithium-ion battery recycling platform, raised $16M in Series A funding from Wistron Corporation, Honda, GS Futures, Traxys North America, Shell Ventures and other investors. Can’t get enough deals?
This week, we’re digging into the news that Arkansas’ southwestern Smackover Formation region could be home to between 5 and 19 million tons of lithium. What happened The porous and permeable limestone in Smackover has long been known for oil and bromine deposits, but only recently has industry begun to explore its lithium lode.
Other 🔋 Northvolt , a Stockholm, Sweden-based lithium-ion battery manufacturer company, raised $5bn in Debt funding from the European Investment Bank and the Nordic Investment Bank. 📦 Vyld , a Berlin, Germany-based seaweed-based menstrual product developer, raised an undisclosed amount in Seed funding from the European Union.
🔋 Polarium , a Stockholm, Sweden-based lithium-ion battery energy storage developer, raised $49m in funding from AMF, Alecta, Harald Mix, Roosgruppen, and Vargas Holdings. DCVC , a Palo Alto, CA-based investment firm, raised $700m across two new funds, with one of them being DCVC Climate.
⚒️ Adionics , a Thiais, France-based direct lithium extraction technology platform, raised $27M in Series B funding from Bpifrance, SQM, Supernova Invest, Céleste Management, and Ovive. Can’t get enough deals? of oil and gas production by 2030 and total net-zero operations by 2050.
In other news, BP abandons its decarbonization goals, chaos in cat bond markets, and Rio Tinto’s lithium play. ⚒️ Lithios , a Medford, MA-based lithium extraction technology service, raised $12m in Seed funding from Clean Energy Ventures, GS Futures, Lowercarbon Capital, MassCEC 2030 Fund, and TechEnergy Ventures.
This week, we get nerdy mining ExxonMobil’s lithium announcement - is this lithium’s shale moment? Lithium Mobil-ization Source: Company presentations, Bloomberg Last week, ExxonMobil unveiled its first-ever lithium mining operation in Arkansas, marking its first major foray into lithium production.
Other 🔋 Northvolt , a Stockholm, Sweden-based lithium-ion battery manufacturer, raised €902m ($986m) in Grant and Debt funding from The European Commission. See full listings and deal analytics on Sightline Climate Request a Sightline Climate demo In the News Hertz announced plans to sell a third of its U.S.
In deals, $542m across three new funds, plus $87m for lithium ion cells, and $82m for battery components. Giddy up — we’re going carbon cowboy this week with a deep dive into CarbonCapture’s decision to suspend its planned DAC facility, Project Bison, amid competition for clean energy from data centers.
In deals this week $145m for lithium extraction, $52m for methane emissions detection, and $40m for sustainable aviation fuel. Thanks for reading! Not a subscriber yet? Subscribe Now 📩 Submit deals and announcements for the newsletter at hello@ctvc.co. Can’t get enough deals?
🔋 Princeton NuEnergy , a Bordentown, New Jersey-based lithium-ion battery recycling developer, raised $16M in Series A funding from Wistron Corporation, Honda Motor Co., Bekaert, and SAIC Capital. GS Futures, and Traxys North America, Greenland Technologies, Shell Ventures, and WorldQuant Ventures, and others.
🔋 Forge Nano , a Louisville, CO-based nano-coating technology for lithium-ion batteries platform, raised $10m in Series C funding from GM Ventures. New Funds Conservation Resources , an Exeter, NH-based investment firm, held a first close of its $80m inaugural farmland fund.
🔋 BatX Energies , an India-based lithium battery recycling company, raised $5m in Seed funding from Zephyr Peacock, Lets Venture, Family Office of Mankind Pharma, and JITO Angel Network. Can’t get enough deals?
⚒️ E3 Lithium , a Calgary, Canada-based lithium extraction from oilfields service provider, raised $5m in Grant funding from Critical Minerals Infrastructure Fund (CMIF). While most tenders favor lithium-ion for cost competitiveness, non-lithium technologies dominate in total capacity.
Request a Sightline Climate demo Deals Industry takes the top spot, but energy has the most deals. The outlier was mining giant Rio Tinto’s acquisition of Arcadium Lithium, which itself formed in 2024 as a merger of two smaller companies Allkem and Livent. Interested in becoming a Sightline client?
Request a Sightline Climate demo In the News The Baltic states—Lithuania, Latvia, and Estonia— disconnected from Russia’s power grid , marking a historic shift away from Soviet-era infrastructure as they prepare to integrate with the EU grid. Can’t get enough deals?
🔋Octet Scientific , a Cleveland, OH-based specialty chemicals for non-lithium batteries manufacturer, raised $2m in Seed funding from ICIG Ventures and BOLD Ventures. Selected startups will participate in a workshop series, a Field Demo Day on June 26. Can’t get enough deals?
The EU plans joint purchases of lithium and cobalt, inspired by the COVID-19 vaccine strategy, to reduce reliance on foreign suppliers. Request a Sightline Climate demo In the News In US agency news, farmers and environmental groups are suing the USDA for deleting climate data , arguing it hinders research and agricultural planning.
See full listings and deal analytics on Sightline Climate Request a Sightline Climate demo In the News At COP29, a coalition of countries pledged to end new unabated coal plants , though the commitment notably excluded major emitters such as China, India, and the US. Can’t get enough deals?
In deals, $600m in data centers, $44 in lithium-ion energy storage and $35m in drone monitoring. Anglo-Australian miner Rio Tinto plans to invest $2.5bn in its first commercial-scale lithium production project in Argentina, which comes just two months after announcing acquisition of Arcadium Lithium.
Deals of the Week (2/19-2/25) Late-Stage / Growth 🔋 Ascend Elements , a Westborough, MA-based lithium-ion battery recycling and materials platform, raised an additional $162m in Series D funding from Clearvision Ventures, IRONGREY, and Just Climate. Can’t get enough deals?
In deals, $168m in renewable energy and storage development across two deals, $33m in smart thermostats manufacturing and $26m in direct lithium extraction. In other news, Germany’s new spending climate bill, Europe’s plan for clean steel, and more US clean energy funding news. Can’t get enough deals?
In other news, big project announcements, including BECCS in Europe and lithium in the US, plus Li-Cycle’s looming bankruptcy. US tariffs x climate tech sectors Sector What happened Why it matters 🔋 Grid-scale battery storage Over 69% of grid-scale lithium-ion cells deployed in the US in 2024 came from China.
🔋 Daqus Energy, a Woburn, MA-based transition metal free lithium-ion batteries manufacturer, raised $6m in Seed funding from Morningside Group. Exits 🔋 Northvolt , a Stockholm, Sweden-based lithium-ion battery manufacturer, filed for Bankruptcy / Out of Business. Can’t get enough deals?
See full listings and deal analytics on Sightline Climate Request a Sightline Climate demo In the News Earth's average temperature exceeded 1.5°C New research shows Lithium Americas' Thacker Pass mine holds the world’s largest lithium reserve, with proven and probable reserves quadrupling to 14.3
⚒️ Mangrove Lithium , a Vancouver, Canada-based lithium refining technology developer, raised $35m in Corporate Strategic funding from BMW i Ventures, Breakthrough Energy Ventures, Export Development Canada, InBC Investment Corp, Mitsubishi Corporation, and other investors. E3 Lithium has successfully produced 99.7%
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