As the global shift towards electrification accelerates, the demand for lithium—a crucial component in batteries powering everything from electric vehicles to smartphones—is expected to surge over the next decade To address this growing need, a new wave of startups is developing innovative methods for producing the valuable metal, tapping into previously inaccessible lithium sources, and overcoming significant economic challenges amidst a current market downturn
One promising approach is Direct Lithium Extraction (DLE), which involves recovering lithium from brine found on the Earth's surface or extracted from underground sources