EnergyX is a renewable energy technology company that focuses on innovation in lithium production for energy storage solutions. The company primarily specializes in the development of direct lithium extraction technology and solid-state battery technology. By refining and combining these technologies, EnergyX aims to lower the cost of lithium resources significantly, meeting the growing demands of the lithium-ion battery industry, mainly driven by the expanding electric vehicle (EV) and energy storage markets. They strive to increase the efficiency of lithium extraction from salt brines, potentially expediting the processing time and improving the recovery rate by applying their proprietary synthetic ion separation techniques.