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Pure Lithium is a technology startup that has developed a groundbreaking method for producing battery-ready pure lithium metal electrodes. These electrodes are used in the creation of next-generation energy storage solutions, specifically lithium metal batteries. The company's innovative approach utilizes readily available lithium salts and electrons to create ultra-thin lithium metal electrodes, significantly reducing the costs associated with traditional lithium metal foil production.

The company's target market includes manufacturers of electric vehicles (EVs) and other industries that require high-capacity, efficient, and cost-effective energy storage solutions. Pure Lithium's business model is centered around the production and sale of these battery-ready electrodes, which are designed to be incorporated into lithium metal batteries.

One of the key selling points of Pure Lithium's technology is its cost-effectiveness. The company claims to eliminate 90% of the costs involved in traditional lithium metal foil production, producing a battery-ready electrode of unprecedented quality and purity for less than $50 kWh. This could potentially pave the way for the mass adoption of EVs by making the batteries more affordable.

Another significant advantage of Pure Lithium's technology is its safety. The company has developed the first rechargeable non-flammable lithium metal battery, which uses Pure Lithium's electrode, polymer, and inorganic liquid electrolytes. This makes the batteries safer to use, which could be a significant selling point for potential clients.

In addition, Pure Lithium's technology is sustainable and efficient. It uses a variety of inexpensive, readily available feedstocks and goes from lithium salts to pure lithium metal electrodes in one step. This not only reduces costs but also minimizes the environmental impact of the production process.

Keywords: Lithium Metal Batteries, Energy Storage, Electric Vehicles, Cost-effective, Non-flammable, Sustainable, Efficient, Electrodes, Lithium Salts, Domestic Supply Chain.

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Investments by Pure Lithium

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ACQUISITION by Pure Lithium Oct 2024