When a $40 billion energy company agrees to invest up to a quarter of a billion dollars for a minority stake in one project – and then locks in the right to purchase 25% of everything that project produces – they are telling you something important about the technology, the economics, and
Eni – one of the largest energy companies on Earth, with operations in 62 countries – just agreed to invest $225 million in equity into a private U.S. lithium company's South American project. Not a loan. Not a letter of intent. Cash equity for a minority stake. The project
It is official. EnergyX’s Project Lonestar in Texarkana is the largest Direct Lithium Extraction plant in the United States. It produces battery-grade lithium. And it proves their patented GET-Lit tech works at industrial scale. At full commercial scale, Project Lonestar will produce up to 50,000 tons
That ChatGPT answer you just got? It ran on electricity. A lot of it. OpenAI's data centers consume more power than some small countries, and most run rows of lithium-ion batteries for uninterrupted power. The world isn't producing enough lithium to keep up. EnergyX is
Eni, Italy’s largest oil producer, just invested into EnergyX’s lithium project in Chile, a stake that could reach $225M. The project is expected to generate $1.3B in annual revenue at forecasted market prices. It’s just one piece of EnergyX’s portfolio holding up to 15M+ tons
For the first time in history, the U.S. Army is placing a commercial lithium processing facility on military land. They just picked their company to build and operate it. EnergyX won a conditional lease at Texas’ Red River Army Depot to process lithium. Crucial to next-gen military power
On a Tesla earnings call in 2022, Elon Musk said something remarkable. He urged entrepreneurs to get into lithium refining. He called it "a license to print money." He said there were "software-like margins" in lithium processing. His exact words: "You can't
General Motors doesn't lead $50 million investments by accident. When one of the largest automakers on Earth leads a funding round into a private company, serious investors should ask a simple question: Why? The answer is straightforward. GM has staked its future on electric vehicles. Electric vehicles require
Let's talk about what actually happened with the SpaceX IPO. By the time shares hit the public markets, the money had already been made. Millions of retail investors scrambled to buy in on day one – but the insiders and early-stage investors who'd held private shares
Editor’s Note: There's an urgent briefing happening this morning at 10 am ET that you don't want to miss. For the very first time, two investors who've called 10X, 20X, even 200X winners before the crowd caught on are joining forces — Joel Litman
In a landmark report, Goldman Sachs said a new technology called DLE will do for lithium what shale fracking did for oil. It will double the world’s viable lithium supply and turn worthless deposits into cash cows. One $1 billion U.S. startup owns over 120 patents on this
It is official. EnergyX’s Project Lonestar in Texarkana is the largest Direct Lithium Extraction plant in the United States. It produces battery-grade lithium. And it proves their patented GET-Lit tech works at industrial scale. At full commercial scale, Project Lonestar will produce up to 50,000 tons