BUSINESS

GRADIANT'S SPIN-OUT ALKALI ACCELERATES BATTERY-GRADE LITHIUM SCALING PRODUCTION 

25/06/2024 01:14 PM

KUALA LUMPUR, June 25 (Bernama) -- Gradiant, a global solutions provider for advanced water and wastewater treatment, has announced the spin-out of alkaLi, a standalone company dedicated to accelerating the scaling of battery-grade lithium production.

According to a statement, alkaLi is powered by EC², the world's only all-in-one solution engineered to Extract, Concentrate and Convert battery-grade lithium.

“Demand for lithium is outstripping supply. We must accelerate the scale of production solutions, and it is for this reason that we will spin out alkaLi, a completely independent company with a dedicated focus on maximising the production efficiency of battery-grade lithium,” said Gradiant Chief Operating Officer, Prakash Govindan.

With electric vehicles, energy storage systems, and portable electronic devices driving global demand for lithium, EC² offers producers an unprecedented new means to rapidly scale lithium production.

EC² features instantaneous production measured in seconds, not years; reduced costs with 50 per cent lower operating expenses (OPEX) and zero capital expenditures (CAPEX) costs; as well as expedited permitting to meet the global lithium demand, among others.

Furthermore, the complete system is balanced, integrated, and adapts to a broad range of source inputs.

A highly modular, three-stage system adaptable to the broadest range of source inputs to date, including brine, evaporation, and recycling, alkaLi’s EC² technology can be deployed in full or standalone stages, integrated with existing site infrastructure with an option to supercharge production with SmartOps AI.

The Boston-headquartered alkaLi will continue to offer the business model flexibility that Gradiant is renowned for by providing producers with a zero CAPEX option in which the company builds, owns and operates the solution.

-- BERNAMA


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