[Extract] "We have the best technology to complement an existing evaporation pond infrastructure! " - Teague Egan - EnergyX
Teague Egan is the CEO and Founder of EnergyX. EnergyX is on a mission to become a worldwide leader in the global transition to sustainable energy with breakthrough direct lithium extraction and refinery technologies, as well as more effective battery and energy storage solutions.
Imagine you're listening to "The End" - the famous hit of The Doors. You vaguely remember there's something pressing on your to-do list, but hey, who can resist the captivating voice of Jim Morrisson, right? 11'44 passes by, and you return to that to-do list. What's on top? Oh yeah, submit that folder for Bolivia's Direct Lithium Extraction tender.
But... 11'44 was 1'44 too long, and time is over; you're out. Kind of bitter, right? I obviously romanticized the anecdote, and I don't know if Teague is a fan of The Doors, yet one part of that story is true: EnergyX got kicked off of Bolivia's DLE tender for submitting 10 minutes late.
I wouldn't allow myself to joke about it if Teague wasn't seeing the positives in it: EnergyX leverages 60 patents across the lithium value chain, and they've leveraged Bolivia and Uyuni as a great proof of concept! Their technology suit stands the field test, and they're able to produce lithium in a country that maybe boasts the World's largest lithium reserves, but also a quite demanding 25 to 1 magnesium to lithium ratio that defeated many challengers in that race to get Bolivia's white oil off the ground.
In today's conversation, you'll get to explore how a Direct Lithium Extraction pure player builds its path to a future EV supply chain vertical, how there may be bumps on the road, but also how exciting it is to move an Idea from the lab to a pilot then a demonstration stage and down the line, a first commercial reference.
You'll hear of the lithium godfather and Nobel Prize recipient, John Goodenough, which is the second Nobel Prize winner we get to hear in this lithium series after Barry Sharpless that collaborated with Standard Lithium; you'll understand how an investment fund committed 450 million dollars on EnergyX and how Teague won his crown as Shale Magazine named him the Lithium King.
➡️ Check out the entire article on how the Lithium King got 60 patents for its battery vertical pure player, including a teaser, a slider, and a full transcript on the (don't) Waste Water website!
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