REFINING INNOVATED

Refining lithium to secure the future of energy materials.

Smarter refining technology that unlocks resources, strengthens supply chains and enables a more resilient energy future.

~60%
of global requirements
<50%
of traditional refining
0
no bulk waste, no sulfuric acid

A growing demand for lithium, but limited refining capacity

Lithium has become a foundational material for electrification, energy storage and emerging technologies. Yet refining capacity remains concentrated, capital intensive and difficult to scale, creating supply chain risk as demand continues to grow.

Lithium supply vs demandThousand tonnes LCE · 2022–2036
Global lithium supply and demand, thousand tonnes LCE, 2022–2036. Years after 2025 are forecast; figures are rounded to the nearest 100. The 2036 deficit represents a US$100B opportunity.
YearDemandSupplyBalance
2022800700−100
20238001,000+200
20241,1001,300+200
20251,5001,500+0
2026 (forecast)1,8001,800+0
2027 (forecast)2,1002,100+0
2028 (forecast)2,5002,400−100
2029 (forecast)2,8002,700−100
2030 (forecast)3,1002,900−200
2031 (forecast)3,3003,000−300
2032 (forecast)3,6003,200−400
2033 (forecast)4,0003,200−800
2034 (forecast)4,3003,300−1,000
2035 (forecast)4,6003,400−1,200
2036 (forecast)4,9003,400−1,500

Learn how we’re reshaping the lithium supply chain

The world needs a new model for lithium refining. Our process is designed to produce battery-grade lithium chemicals at lower cost and capital intensity, across a wide range of feed sources, making refining viable in new locations and building more diversified, resilient supply chains.

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Energy security
Enabling new refining capacity closer to resources and end markets, reducing dependence on concentrated global supply chains.
Resource expansion
Extending refining capability to lithium deposits conventional processes can’t economically handle, widening the pool of viable resources.
Faster deployment
A simpler refining model that lowers capital intensity, shortens build schedules and accelerates capacity growth.
Global replication
A repeatable design that scales across regions, delivering lower cost, lower emissions and dependable long-term supply.
  • Lowercarbon Capital (opens in a new tab)
  • CEFC (opens in a new tab)
  • TDK Ventures (opens in a new tab)
  • Virescent Ventures (opens in a new tab)
  • Investible (opens in a new tab)
  • Grantham Foundation (opens in a new tab)