A Richmond company has received almost $5 million from the federal government to help develop lithium from brine for use in batteries.
The $4.9 million grant to Saltworks Technologies will be used to accelerate the concentration and conversion of lithium brine into lithium battery precursors using two new technologies developed and tested by Saltworks.
This project could accelerate access to lithium resources.
The equipment created by Saltworks can convert brine into marketable lithium that can then be used in batteries by companies worldwide.
According to the Ministry of Energy and Natural Resources, these investments will support Canada’s ability to address a gap in midstream lithium processing through the advancement
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