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Fast — identify a useful resource extra essential to the long run than lithium.
It isn’t simple. Lithium is the inspiration of the trendy power economic system, powering electrical automobiles, smartphones, and renewable infrastructure. It’s also a essential materials for the nuclear power revolution. And demand is barely climbing – it’s anticipated to surge 5X by 2040.
This spike in demand is pushing governments and world 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 vital bold lithium ventures on this planet with sights on staking declare to the renewable power 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 recuperate 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 Normal Motors, which led a $50M funding spherical to help its 2035 EV objectives, an funding from power large Eni, a $5M U.S. Division of Vitality grant, and a essential alliance with Korea’s POSCO to broaden in North America.
Then got here one of many largest 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 research by engineering agency Worley and geologists Montgomery & Associates confirmed the location’s immense potential, projecting it may generate greater than $1.1 billion yearly as soon as absolutely operational, at projected market costs.
Egan did not cease there both. EnergyX is ready to amass land in America’s Smackover Area from Pantera Lithium, which is able to convey their U.S. mining territory to just about 50,000 acres in dimension. Importantly, this new EnergyX acreage within the U.S. is instantly subsequent to Exxon and Chevron’s acreage, who’ve began lithium enterprise items of their very own.
The consequence? Confirmed know-how, huge reserves, strategic partnerships, and a transparent path to industrial 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 consequence was LiTAS®, EnergyX’s patented extraction platform. In contrast to 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+ traders, together with a $50M Sequence B led by Normal Motors.
Now, EnergyX is coming into its most fun section but (and alluring on a regular basis traders 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 assets. In 2023, the corporate secured mining rights to a 100,000+ acre mining territory in Chile’s “Lithium Triangle,” extensively thought-about essentially the most lithium-rich area on Earth. Dubbed Mission Black Large™, preliminary estimates had been pegged at 2.6M metric tons of lithium.
On the time of acquisition, it was already seen as a strategic win, however they had been solely simply discovering the complete extent of its potential.
Impartial research confirms this might be a $1.1B annual income generator
Earlier than any lithium asset can start industrial manufacturing, it should endure an unbiased pre-feasibility research (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 no less than 4.5 million metric tons of lithium – and as a lot as 9.8 million. That is a big leap from the early 2.6M estimate.
Much more spectacular? The research confirmed that EnergyX’s LiTAS® system can recuperate lithium at industry-low capital and working prices. With each a world-class asset and breakthrough tech underneath one roof, the research projected Mission Black Large™ might be a $1.1B annual income generator as soon as absolutely operational, at projected market costs.
With the PFS full, EnergyX is now transitioning to industrial extraction to unlock the immense potential of this sleeping large.
Eni partnership and the worldwide power 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 power and demanding minerals – and EnergyX’s standing as a pacesetter within the discipline.
Collectively, Eni and EnergyX are exploring methods to deploy lithium extraction tech at scale — positioning EnergyX as a key participant in reshaping world 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 subsequent lithium frontier
Whereas China continues to dominate world lithium processing, EnergyX is betting huge on the Americas.
The Southern U.S., significantly the Smackover Area, has proven among the highest lithium concentrations ever recorded. With the appropriate tech, this area alone may energy a significant share of U.S. EV manufacturing — with out counting on overseas 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 traders have jumped on the probability to share in EnergyX’s development.
A chance to hitch the following chapter
Final 12 months, demand for EnergyX’s inventory was so overwhelming that traders maxed out the funding providing, with hundreds extra reaching out to ask for one more probability to hitch the motion, the corporate says.
Now, with EnergyX able to transition to industrial scale, they’ve created one other funding providing to assist energy this subsequent section.
The earliest traders on this new alternative will probably be eligible for 20% bonus shares in the event that they meet one of many following standards:
- Be an current 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 now not be out there.
As Mission Black Large™ advances towards industrial manufacturing and world momentum accelerates, it is a uncommon alternative to maximise your stake in one of the vital bold clear power ventures on the planet.
To study extra about EnergyX, their roadmap for development, 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 offered are the opinions of the people offering them. They might not signify the expertise of all shoppers or traders and aren’t a assure of future efficiency or success.
No compensation was supplied for these testimonials except explicitly acknowledged.