EnergyX is Building a US Lithium Plant to Secure the American Battery Supply Chain

Today marks a new chapter for EnergyX!

If you follow our company, you know that in 2023, we acquired 90,000 acres of lithium mining concessions in Chile and announced Project Black Giant. This allows EnergyX to prove our DLE technology in the second-largest lithium-producing country in the world. Thanks to this milestone, our share price rose in February 2024.

Today, we are thrilled to announce a second major lithium project, this time in North America, Project Lonestar Lithium! We can’t divulge too many details yet, but one thing we can share is our target lithium production will be 5,000 tons/year in Phase 1, and 25,000 tons/year in Phase 2. As of today, the largest active lithium plant in the US only produces 5,000 tons/year. Our team is excited to share more with you in the very near future.

Because of US-based Project Lonestar, our share price will increase again on June 27th. The larger our portfolio grows, and the closer we get to fully commercializing our Direct Lithium Extraction technology, the more our shares grow in value.

This is an exciting time to become an EnergyX shareholder, and we hope you join us on this journey.

EnergyX | https://energyx.com/