ElectraLith has been acknowledged as one in every of eight prime innovators globally by the World Financial Discussion board, which described its DLE-R expertise as “deeply inspiring” and a number one resolution advancing the UN Sustainable Improvement Targets.
Melbourne, Victoria, sixteenth Could 2025, ZEX PR WIRE, The World Financial Discussion board right this moment introduced that ElectraLith Pty Ltd (“ElectraLith”) is a winner of the extremely prestigious Sustainable Mining: Mining the Unmined Problem. In its choice, the World Financial Discussion board recognized ElectraLith’s next-generation DLE-R expertise as some of the promising options driving progress towards reaching the United Nations’ Sustainable Improvement Targets.
Picture: ElectraLith’s DLE-R
As a part of the problem, ElectraLith was chosen by UpLink as one in every of eight Prime Innovators advancing groundbreaking applied sciences that maximize the restoration of metals and minerals from ores and non-primary sources, lowering the necessity for recent extraction to fulfill future uncooked materials calls for. Uplink is the World Financial Discussion board’s innovation platform with a mission to allow an innovation ecosystem driving constructive systemic change for folks and the planet.
The World Financial Discussion board commented: “We are deeply inspired by ElectraLith’s solution and excited to help ElectraLith scale its impact.”
As a Prime Innovator, ElectraLith will profit from a three-year curated Engagement Programme that features high-profile occasions, international visibility and entry to networks of potential companions, collaborators and traders. The Engagement Programme is meant to considerably improve ElectraLith’s skill to quickly scale DLE-R to create a long-lasting and constructive affect on international sustainability challenges.
Charlie McGill, ElectraLith’s CEO, commented: “It is a genuine honor to receive this special recognition from the World Economic Forum. Our team is dedicated to delivering the cleanest method of extracting and refining lithium from any source, unlocking lithium’s full potential to deliver a sustainable future. This recognition validates that DLE-R is on track to make an important and measurable impact that directly addresses the global sustainability challenges identified by the United Nations.”
McGill continued: “DLE-Rs’ ability to extract and refine lithium from any source without water is its true differentiator. It means we can unlock lithium in regions where water is extremely scarce, such as in the Andes where the vast majority of the world’s lithium reserves can be found. It’s estimated that more than 60% of all water in this region is used for lithium extraction, having a devastating impact on the environment and its indigenous communities.”
Jun Qu, ElectraLith Director and Fundamental Sequence Funding Supervisor, commented: “Ensuring sustainable access to critical resources is one of Main Sequence’s key priorities. Lithium is central to the energy transition, but there is a significant innovation gap that needs to be bridged before we can sustainably supply the battery-grade materials needed at scale. ElectraLith is closing that gap. Its single-step, cost-effective process is capable of producing battery-grade lithium directly from any source.”
Based mostly on expertise invented at Monash College by Sir John Monash Distinguished Professor Huanting Wang, ElectraLith’s DLE-R system makes use of proprietary electrochemical expertise to extract and refine lithium in an end-to-end, modular and scalable system. It’s the solely Direct Lithium Extraction (“DLE”) course of that requires no water or chemical compounds, and the one DLE course of capable of immediately produce refined lithium for the battery market, eliminating dependence on third occasion refining. By eradicating these externalities, DLE-R is quickly rising because the cleanest, most versatile and most-cost-efficient technique to extract and refine lithium from any supply.
The World Financial Discussion board’s recognition follows the December 2024 shut of a materially oversubscribed Sequence A funding spherical of A$27.5m led by Fundamental Sequence and supported by a world-class investor syndicate comprising Rio Tinto, Chevron Know-how Ventures, Marathon Petroleum, Vista Power, In-Q-Tel, IP Group, Fathom Fund, Hostplus, Breakthrough Victoria and Monash College.
Info: media@electralith.com
About ElectraLith
ElectraLith is unlocking a inexperienced future with the cleanest, most versatile and most cost-efficient technique of extracting and refining lithium, the elemental factor of a sustainable future. ElectraLith’s cutting-edge DLE-R expertise revolutionises the DLE and refining trade by extracting and producing battery-grade lithium hydroxide or carbonate in a single, scalable and modular step. Versus different DLE processes, DLE-R totally eliminates the necessity for water and chemical compounds and may run fully on renewable vitality.
ElectraLith relies in Melbourne, Australia, and Washington, DC.
https://www.electralith.com
About Fundamental Sequence
Fundamental Sequence is tackling the world’s largest challenges by turning right this moment’s scientific discoveries into tomorrow’s industries. Fundamental Sequence was based by CSIRO in Australia in 2017. It now has $1Bn funds below administration to assist construct and spend money on corporations which can be fixing our biggest planetary challenges.
https://www.mseq.vc