Pure Energy Minerals plans to use new technologies to produce lithium faster, more efficiently and greener than others.
Pure Energy Minerals is led by seasoned technical and business development professionals who have deep roots in resource development, project and corporate finance, and mergers and acquisitions. Among the relatively small community of lithium explorers and developers, few companies can boast more lithium specific experience than the Pure Energy team.
In addition, Pure Energy is at the leading edge of new processing technologies for lithium through its collaboration with global multinational technology partners such as Tenova Bateman (Tenova Bateman Technologies). Our objective is to demonstrate and deploy low-cost and earth-friendly processing technologies to produce advanced lithium battery materials to meet the anticipated burgeoning growth in lithium demand.
Lithium is a specialty industrial product bought and sold under contract, and the chemistry is specifically tailored to the customers needs. Supply contracts are useful towards predicting cash flow and securing project finance. Although lithium is used in over 70 types of products, the growth in battery usage has driven lithium demand skyward. Electric vehicles and grid storage, such as Tesla’s Powerwall and Powerpack residential and commercial battery systems, are very high growth areas.
Demand is predicted to be as high as 125% of supply by 2020 driven by electric vehicles and grid storage. The price of lithium has increased by 300% since 2003.
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