TDK Ventures has invested in Novalith to support its innovative clean lithium-extraction technology, addressing the increasing demand for sustainable lithium production amid the global electrification trend.
Introduction
TDK Ventures has made a strategic investment in Novalith, a pioneering clean lithium-extraction technology company. Novalith is establishing itself as a leader in environmentally friendly processes for lithium extraction and refinement, particularly as global demand for battery-grade lithium is projected to significantly increase in the coming years.
The company's proprietary extraction technology not only lowers costs but also substantially reduces carbon emissions, making it an attractive solution for the rapid mass production of lithium, essential for battery manufacturing.
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Target Information
Novalith specializes in the extraction of battery-grade lithium using its patented LiCAL™ technology. This innovative process utilizes carbon dioxide (CO2) captured from the environment, eliminating harmful by-products a
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