Forbes features, Lilac Solutions, and their method to get lithium for batteries that’s cheaper, easier on the environment and less water-intensive than mining: it plans to pull it from the Great Salt Lake.
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Lilac to produce battery-grade lithium carbonate from brine at Neptune’s site in Steinitz, Saxony-Anhalt, Germany.
Climate tech startups, like Lilac Solutions, raised $8.1 billion in the first quarter, near record amounts of money that suggest 2023’s quiet close might have been more of a blip than the sign of a protracted downturn.
Lilac Solutions has developed a cost-effective and more environmentally friendly process for mining lithium.
Lilac Solutions has raised $145 million from Bill Gates’s Breakthrough Energy Ventures, other investors