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denaLi Direct Lithium Extraction

Technology for environmentally sustainable, rapid and economic lithium extraction

April 2021
Gallery denaLi Direct Lithium Extraction 1
Gallery denaLi Direct Lithium Extraction 1
01.

Identification

As a society, people want more mobility with their devices and equipment, more renewable energy battery storage and more electric vehicles on the road. Lithium-ion batteries are an important part of this future. EV adoption is growing globally and becoming more affordable for the middle class as costs come down. To meet this challenge, the denaLi solution aims to create the mine of the future. It provides a sustainable, profitable and rapid means of creating lithium products for the rapidly expanding electric vehicle sector and utilizes material and chemical innovation to unlock environmentally friendly lithium.

Label Date April 2021
From Canada
Maturity stage Prototype testing 1:1 in the lab
Looking For Network, Visibility, Credibility

Sectors - Value chain - Application

Sectors
Applications
Design, Power & Produce
Package & Distribute
Valorize & Restore
Value Chain Steps
02.

The environmental benefits

  • Modular technology that can be deployed anywhere in the world
  • Produces lithium products in a 24 hour period
  • Selectively removes lithium from brine, allowing for reinjection of depleted brine back into the reservoir
  • Produces up to 75% lower GHG than traditional lithium mining methods
  • Requires 1/26 the land use of conventional technology
  • Significantly lower air contaminant emissions in all categories
03.

The Financial benefits

  • Less than two (2) years capital payback period, with the extremely low up-front capital expenditure, the customer is able to pay back their initial investment in 23 months
  • Minimum IRR of 40% on capital investment
  • Key factor for a short payback period and healthy IRR: low capital expenditure (CAPEX) associated with the deployment of modular units
04.

Activity Region

  • /

North america

Canada,

  • Headquarters
  • Activity
06.

Company Profile

Summit Nanotech

Nanotechnology Innovation Startup. Based in Calgary. At Summit Nanotech, we leverage the best academic research in nanotechnology to build innovative solutions to help industry partners achieve project success.

View company profile Solution website
Headquarters Calgary, AB T3L 2P5, Canada
07.

Related Topics

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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances.