The White Gold Rush - How one US startup is changing the lithium extraction game! 

I appreciate the straight forward upfront notice of conflict of interests. Thank you.

The sums are as follows (assuming I understand it correctly): 1000 ppm of Li in Brine. Molecular weight of water is 18g per mole. So there are 55 550 moles of water in 1000kg of water. At 1000 ppm, there is 55.55 moles of Li per 1000 litre of Brine (more or less assuming the rest of the ingredients are not too significant). Molecular weight of Li is 6.94 g per mole. This means the weight of the 55.55 moles of Li is 385.5 grams. This means 385.5 grams at 100% efficiency of extraction. If you apply the 90% extraction yield, then it is 347 g of Li per 1 000 litres of Brine. This is quite some way off the 1kg claimed? I hope my sums are wrong, because some is... Anyway, cost of battery grade Li (not sure if the Li extracted from the Brine is already at Battery grade or if further processing is required) is USD 37 000 per ton or 0.037 USD per gram. Multiply this with 347 g per 1000 litre of Brine and you extract USD 12.84 per 1000 Litre of Brine processed. However at a concentration 200 ppm of Li in the Brine (which is closer to actual as he mentions in the video), this reduces to USD 2.56 per 1000 kg of Brine processed. SO to decide if this is a good investment, one needs to understand the cost to extract vs the value extracted of this process as compared to other processes. No idea if this is better or worse, but I would not invest purely based on some basic statements/facts provided. It is possible that this much better than other techniques, but then the facts supporting this claim must be published.

To avoid Milton fear please have an independent verification. Let a chemist assay multiple m^3 samples and then follow them to see Li kg yield.

Shout out to Teague as a great speaker. Very clear explanation, minimum number of filling words, rate of speech. Enjoyed the video!

Yes, after doing some research I definitely am looking forward to the documentary. I personally loved the documentary on Theranos.

Lithium brines have been found under Dartmoor in Southwest England. Extraction uses two bore holes. The brines are pumped out, lithium extracted and the remaining brine is pumped back in. Dartmoor is intrusion of granite into rocks that were laid down and folded between 500 and 250 million years again. The area is famous for tin mines, copper mines, lead mines, ball clay (pottery) and China clay (fine pottery).

CORRECTION ON APPROXIMATE MASS: 1000ppm of lithium brine with 90% extraction, would yield 0.35 kg of pure lithium, or 1.2 kg of lithium hydroxide, assuming the mass of all else in solution is negligible. Reason for error: They forgot to take into account the difference in the molar mass of the different chemicals. DISCLAIMER: This is unconfirmed and I don't know their methods beyond this video. Please correct me if I made a mistake.

Thank you for being transparent. I appreciate it.

Innovation in these sectors ... definitely needed.

I have been an investor of EnergyX for 3 years now and now having Sandy Munro attached is huge to me.

I enjoyed the show. I was brought up in the suburbs of Syracuse New York, which is also known as salt city. At one time, Syracuse was the largest producer of salt in the United States. There is still a lot of briney water below the surface. I don’t know the Lithium levels, but perhaps worthy of testing. There is a company making gourmet table salt from it. Just passing a long info.

I hope Sandy will send updates on Energy X as they progress, just like he did with Aptera!

I've been lucky enough to put in to both rounds of crowd funding for EngeryX. Honestly, I put in as much as I could afford to spare in to this company over a year ago and just a few months ago. The process is astounding.

Another great application for EDR filtration. A much overlooked technology originally developed in the late 50's.

Teague is impressive. He has no background in science and engineering but he hustled and pretty much learnt the entire process to such a detail to give such a confident explanation to someone like Sandy and not have any scientist or engineer in the background to help him out. Quite an impressive personality, honestly.

At the end of the video, I still hear in my head, “thanks boys and girls, and remember to keep tipping those cashiers” 😂😂

Thx for being Upfront ! Yes indeed Batteries are big ! Ive got solar and have $7,000 in them and need more storage.

I can't believe Sandy making nice to a business major.

Whatever your opinions on electric vehicles or batteries it’s awesome to get an inside look like this. Let alone from the founder, seems like a good guy.

This gives me the same vibe as Trevor Milton and Nikola. Someone took basically the same process Elon mentioned in Battery day, start a company, slap X in the name, make logo similar to SpaceX logo and start funding round. Well, I think I will wait couple of years. It worked with Nikola, will work with EnergyX.

Great job Sandy keep up the great interviews.

Ah yes. The CEO Teague Egan was interviewed by the Fully Charged show founder Robert Llewellyn earlier this year and I was very impressed with his approach.

Thanks for the video and info. on the lithium extraction process. I've invested in you company & am super excited to see the growth in your/our company!!!

Great technology and Brines are definitely the way to produce Lithium in the Americas. 2 other companies in a very similar space using Direct Lithium Extraction (D.L.E) are Cleantech Lithium in Chile (Using Sunrun Resins) and Standard Lithium in the USA (Using Koch industries Resins)

Great introduction to a cool aspect of the lithium world! Thank you for sharing!

"I also bought stock" That's pretty novel and I hope you got options to match!

It would have been nice to hear more about the planned licensing. There are a small number of companies in the world in the lithium extraction business, so selling the full commercial plant to all of them would not amount to much profit or any growth potential. Maybe I missed it, but I have to assume that the licensing might be on a royalty type fee per units of lithium extracted. In addition, that fee needs to be carefully set so as to not motivate producers to find an alternative. Regardless of where battery technology goes in the materials used, lithium is highly likely to be at the center for a long time to come. The least expensive process to make it wins. I assume one of the pilots will be at Salton Sea.

A very interesting insight into lithium extraction technologies.

I've been wondering what is up with Energy X for awhile and this very open tour and interview clarifies a great deal. Maybe time to invest. Thanks Sandy. I like that you are broadening the scope in the overall EV tech industry.

This process looks great on the face of it!

Very interesting videos. Deep inside looks are my favourite and don't dumb it down, be real and show as many scientific professionals as possible. We want to learn something. 💕

Thanks for this great in depth look Sandy! I've already invested in this company in their investment round last year and this year. I'm super excited for what this company can accomplish, and it's great that you've recognized the same potential!

I'm working in northern Quebec and its booming with lithium up here. you can find it most places you look on the ground even. The influx of money for exploration is great, the infrastructure has been built for x amount of people and there are 10 times as many people using them , so thats a bit frustrating at times but the money is slowly upgrading the services.

Never invest more than you can afford to lose and keep your regular life style.

Looks promising. Great video as usual from Munro.

40:50 The way the ceo calculated the weight of lithium extracted from one ibc makes no sense. He calculated it with the density of water instead of the specific density of the lithium salts...

This reminds me of E3 Lithium, they also invented direct lithium extraction.

Thank you Sandy❤.

Nice video, good info! I believe a similar technology is being used at the Salton Sea in CA...

Excellent education, thank you.

Did anyone else think the numbers seemed to change back and forth? How often are you going to be working with a brine containing 1000ppm? At first he said hundreds of ppm - possibly 1200 or 1500 (which - again, how often?) - and then the ~90k acre location is expected to produce 400ppm. Then at the end he is doing math on a fictional 1000ppm. Looking at the multiple settling tanks(ponds, whatever) - I just wondered how large these would need to be in a production system to feed those filter system at the rate he claimed? I thought he said they were planning to license the process - then at the end he says they have bought ~90k acres. Also - the idea that it is clean? Why do we think its clean? We weren't told anything about the chemicals being used. I never claimed to be brilliant (maybe I revealed as much above) - but the whole way through I just kept feeling like I was being sold all the good points. How about the down sides - there has to be some. There seems to be a LOT of debt tied up in this and, as yet, no actual method to produce a profit. Also - is this actually new? Pretty sure this idea is being tested by a number of companies in different parts of the world... and so far none of it has gotten to a full production scale.

As someone who's had a long career in the water space, I was immediately impressed with the use of electrodialysis. If they need help in that area I can point you towards experts in that technology. I also have no technical degree, but am very versed in electrochemical separation technologies.

He is correct. The oceans do have lithium in it. And while it is not profitable to process sea water for lithium, It is perfectly feasible to piggy back this technology on a desalination installation where the primary objective is the creation of fresh water.

I think the calculation of the yield is a little off

Never doubted Sandy's honesty. Despite the highly aggressive monetization & his obvious pain when parting with a Buck, I have never once thought he might sell his opinion, and his decision to put his money where his mouth is makes this more believable. However, given the history of lazer hydrogen discs, Quantumscape, Nikola & that Vietnamese car thing, I'll reserve judgement. Even Cathy Woods picks better than Sandy. Godspeed, EnergyX.

Fantastic interview!

THERE ARE LOTS Of miners in the Chile/Argentina region. If this company truly has technology and processes to extract brine minerals immediately and pump the water back into the well rather than wait 1.5yrs and let it evaporate into the air in the desert then they might have something here and be successful. Environmental regulations would really push for that water to be put back into the ground immediately.

Thanks that was insightful ❤🤩

Good for you will still be huge fan and followers

At what point in the video is extracted lithium shown? Was hoping to see the final extracted lithium. Maybe I missed it.

im very impressed with this to be honest

What about the lake in the USA that the FED government has now concluded there to be enough Lithium to make 275,000,000 car batteries!? Just heard that info this week Sandy.

Welcome to the Investor group ! I jumped on board after seeing this company and Now you know with Jess and Zac, went there a while back and got in while it was .81 cents a share ! This will be something big in 5 years.

I couldn't help but noticing that they put you in an art flash lab coat. PS kindness is still free the Highlander.😊

Sandy you made me feel as awkward as you looked. Your strength is your objectivity. I feel we are now in new territory.

Not about first but more about learning and expanding knowledge 😎👍 like the desert in NV

AWESOME !

Thank you!

So what I gather is the point is processing brine in a closed system to avoid environmental pollution, and at 1kg/1000l brine, this is economically feasible.

This process sounds a lot like the idea presented at Tesla battery day. Also it’s ironic that Teague chose the name EnergyX. I’m impressed with the presentation and wish him a highly successful journey

Ahaha that’s a bro-ey CEO. Good to see the bros doing well

Very exciting. I wonder what percentage of startups like this actually make it to the commercial level.

It’s definitely interested. There seems to be things withheld. It almost seems to good to be true. I don’t know, I have my doubts on how cleaner or better this way is. I hope it’s true and successful.

Another butt-kicking video from Sandy Munro!!

Century lithium is advanced stage lithium DLE company providing a great opportunity to get into the LITHIUM space.

I hauled frac water in North Dakota, and it's super concentrated brine. I wonder if that might contain lithium.

I'm interested to know if it's profitable to use this on the brine waste from a desalination plant. That seems to be a highly concentrated source of salts distributed around the world.

I like the fact this was the real lab, not some PR-show-whatever. How do you know the difference? In the PR-show thing, there's lots of shiny, expensive looking equipment, it's clean. Here, bunch of plastic buckets, cheap furniture, tangles of hoses… 👍

Nice video!

I just love the tech advancement idc about them stocks and whatever shenanigans

Interesting. Kinda looks like a Nikola, but with an Arcimoto twist. Could be good, but all the "proprietary" stuff is all just variations on long used processes. The new "hook" is the "green narrative" of putting the brine back in the well. Good luck to all. Maybe one of Sandy's investment ideas will finally come to fruition when they go public in a year or two (at least for a short time, hopefully longer than any stock sales embargo lasts). Sandy may have found a cool friend at ONE, but that's just another "dead company walking", like Arcimoto, who is certainly not having any FUN. Teague has obviously been impressed by "Branding" (did you visit the restroom and find Energy X embossed toilet paper?). 😁

Looks like it’s at the lab bench scale. A long way to go.

This should be a resounding success, just like Sandy's last investment pitch for Nobe.

I invested, but wonder: How the processes differ from the one used at the Salton Sea; 2. They use the word proprietary, but are there any patents?

great video

What about sodium batteries? When they come onto the market, would EnergyX look at refining the sodium from the brines?

🙋‍♂️ THANKS SANDY,FOR BEING FORTHRIGHT WITH YOUR VIEWS AND OPINIONS…NOT A PROBLEM FOR THOSE WHO ARE HERE TO LEARN 🧐 WHAT IS COMING AND MUNRO TEAM FOR PRODUCING IT 🤗👍💚💚💚

Happy to say I invested over a year ago. On the advice of Zack and Jesse from Now You Know channel.

They ALL use graphite no matter what the battery is made of. As a consequence, the manganese dissolution does not only lead to capacity and power fading at the cathode, but also influences the SEI composition at the anode. In fact, an analysis of aged LiMn2O4/graphite cells via EIS revealed that the increased impedance at the graphite anode is largely contributing to the capacity fading of such lithium-ion cells.

I would assume the business case here is to sell the process to other businesses (license the IP) that actually do the mining. If the increase in yeld more then makes up for the license cost they will make plenty of money.

Wow Sandy actually disclosed his investments!!!

7:41 - "crude oil is nasty" Pretty much an understatement. Crude can fume H2S gas and that kills you in a few seconds.

The greeat salt lake is unfortunately also super polyted with arsenic due to mining in the slc area

1 Kg of lithium from 1 cubic meter of of brine? I doubt his numbers. He started the company when lithium was really sky high, look at it now, save your money.

Very jealous because I have wanted to buy stock in this company since I heard about their process.

LFP and sodium batteries both seem destined to be very common in transportation so anyway interesting to see what may happen after that however ascertained too!?🤯

How do you know what goes back into the ground has no refining agents in it?

It's been several years now and they don't seem to be any closer to fruition...

It's nice to take a flyer once in a while. Thanks Sandy!

Sandy, you might want to check out M3 Lithium.

I’ll watch with an open mind…🤔😊

Your last shot in the video had constant color temp. shifts. Were you near a window with passing cars. and the camera set to Auto for color temp. Or there is some other problem with your camera.

So it is like a Brita water filter or water softener than just absorbs lithium from the brine water

Keep your friends close to you, but your enemies even closer.

Tesla opened a Lithium mining and refining laboratory much earlier this year(or maybe it was last year). How does Tesla do mining and refining of Lithium? Do they have the same technology?

How many share options Sandy?

St Augistine Florida, last I remember back in the 90s, utilized reverse osmosis for drinking water treatment. Due to salt water intrusion from the Atlantic

Great chance to learn something. The fresh water used to tense the resin is recycled with 80-90% reusable in their system. At industrial scale, how many 1,000 of gals of “contaminated water” 10-20%- is expended in the process? Does that 10-20% also get pumped into the underground brine layer? Is this a clean almost closed system that all is within the area of the brine underground layer? How much fresh water is drawn from local ground water?

All the best 👏💪🇵🇱

i wonder is this reagent reusable or will it be spent after it was used to bind to the lithium. also if its spend will it go back with the rest of the brine since then its important to know how damanaging it is for the ecosystem i would say. Also this polymer how long can it be used before it needs to be replaced. since i expect the viability will also be based on these 2 questions i expect.