JOIN US AND
Energy independent lithium for the US grid and manufacturing is here
The 129 trillion gallons of water
in America’s domestic brine basins
contain enough lithium to power America’s industrial needs
for hundreds of years
a new era of energy security
at less than half the cost.
PARTNERS
EXECUTIVE TEAM
Chris Murphy
CEO
President & CEO, Materia
(exit to ExxonMobil Chemical)
DuPont, SABIC BS, University of Wisconsin, Madison, Chemical Engineering
Dr. Mark Davis, Ph.D.
Co-founder & Chairman
Professor of Chemical
Engineering, Caltech
Ph.D., University of Kentucky
Chemical Engineering
Dr. Casper Brady, Ph.D.
Co-founder & Senior Scientist
Ph.D., University of Delaware
Chemical Engineering
Allen Morgan
Venture Capitalist (SelectX, L.P. Mayfield Fund, IdealabX1, L.P.)
Board Director, NewGenium, Inc.
Allen Morgan is Chairman, President, and CEO of Idealab NY, Inc., and Managing Director of Idealabx1, L.P., as well as a Board member of Idealab Studio.
Tom McGovern
Partner, Idealab Studio LLC
Board Director, NewGenium, Inc.
Tom McGovern joined the Idealab family in 1999 and over the years has served in various operating roles including CEO of Idealab related startup companies.
A new breakthrough ion exchange process
75% reduction in process steps
90% reduction in land use
40% reduction in CAPEX
Based on breakthrough ion exchange technology from Caltech
50% reduction in the cost of LFP
Clean
Environmental
Affordable
and closer than anyone could imagine
Lithium for true USA Energy Independence
is closer than you think
Beyond the 400 million phones, tablets and laptops we use every day, lithium plays an essential role in the USA’s strategic needs for supply of energy storage systems
THE TRUE COST OF ENERGY STORAGE
LITHIUM/TON:
$069,099
CO2 TONS/YEAR:
13.263801
99% of the lithium used in the US is arduously mined in China, Australia and South America, and then refined in China
THE TRUE COST OF ENERGY STORAGE
LITHIUM/TON:
$090,360
CO2 TONS/YEAR:
22.103730
with substantial environmental impact
THE TRUE COST OF ENERGY STORAGE
LITHIUM/TON:
$130,225
CO2 TONS/YEAR:
34.001301
and thousands of miles of global shipping adding to the cost
THE TRUE COST OF ENERGY STORAGE
LITHIUM/TON:
$199,855
CO2 TONS/YEAR:
52.702330
even the small percentage of U.S. mined lithium gets shipped to China and back before use.
THE TRUE COST OF ENERGY STORAGE
LITHIUM/TON:
$454,217
CO2 TONS/YEAR:
83.308101
giving other nations undue influence over American energy reserves and storage
THE TRUE COST OF ENERGY STORAGE
LITHIUM/TON:
$999,999
CO2 TONS/YEAR:
99.999999
THE TRUE COST OF
ENERGY STORAGE
LITHIUM/TON
$
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