A Message from DealMaker China nearly won the most important race. Modern society was built on fossil fuels, but the future will be led by one critical resource: lithium, the key component in batteries for EVs, smartphones, and more. China spent $60B+ on lithium infrastructure in the past decade. It possesses 7.9% of the world’s supply, but it processes 70-80%. Now the US is coming over the top by investing $700B+ into domestic supply with the IRA and Bi-partisan Infrastructure Bill. One company is taking advantage of this with multi-million dollar DOE grants. Their patented tech extracts lithium 300% more efficiently, and needs just two days, compared to 18+ months for conventional methods. That’s why GM and others invested $100M+ combined. Now, they’re working on projects in North and South America targeting 65,000 total tons/year of lithium. Join GM as an early investor in this company by October 3. |
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