-

Pure Lithium’s Novel Lithium Metal Battery Achieves Unprecedented Cycling Results

BOSTON--(BUSINESS WIRE)--Pure Lithium Corporation, a disruptive Boston-based vertically integrated lithium metal battery technology company, is pleased to announce results never previously reported from lithium metal battery cycling, further proving commercial viability.

Pure Lithium’s pouch cells, utilizing Pure Lithium’s lithium metal anode made from inexpensive lithium brine coupled with a proprietary electrolyte invented at Pure Lithium, have now achieved over 2,200 cycles at a rate of 1 hour charge and 1 hour discharge, while retaining upwards of 80% capacity. The cycles are at 100% depth of discharge (DOD) as opposed to “full cycle equivalents” or “projected cycles” as reported by competitors. The cells are still cycling.

Founder, Chairman and CEO Emilie Bodoin comments: “I am thrilled to announce these transformational cycling results which competitors have not come close to achieving. Lithium metal batteries are the holy grail of energy storage, having twice the capacity and half the weight of today’s lithium-ion battery. These results exceed the commercial specifications and deliver longer duration for any application currently met by lithium-ion batteries.

Pure Lithium’s value proposition of combining metal extraction from North American lithium sources with anode manufacturing improves the performance of the battery and makes production of the lithium metal battery economically viable for the first time. Additionally, with no requirement for graphite, nickel, cobalt or manganese, our entire battery can be produced in North America using locally sourced materials enabling energy security and independence from China for the first time ever. We will scale this technology using the proceeds from our Series B raise.”

About Pure Lithium

Pure Lithium is a disruptive Boston-based lithium metal battery technology company led by inventor and lithium expert, CEO Emilie Bodoin, and world-renowned battery and metallurgical expert, MIT Emeritus Professor Donald R. Sadoway, as full-time CSO. The Company's novel Brine to Battery™ technology combines metal extraction and anode production, unlocking unconventional sources of lithium. The resulting pure lithium metal anode is the core component of our lithium metal vanadium oxide battery, a step-change improvement over today’s lithium-ion technology in cell performance, cost, and safety. Additionally, the battery is free of graphite, cobalt, nickel, and manganese. For more information, visit www.purelithium.io or email news@purelithium.io.

Contacts

Ross Larsen, Head of Editorial, 33 Communications
purelithium@thirtythreecomms.com

Pure Lithium Corporation



Contacts

Ross Larsen, Head of Editorial, 33 Communications
purelithium@thirtythreecomms.com

Social Media Profiles
More News From Pure Lithium Corporation

Pure Lithium Announces Engagement with Kingston Process Metallurgy to Scale Lithium Metal Anode Production

BOSTON--(BUSINESS WIRE)--Pure Lithium Corporation, a disruptive Boston-based, vertically integrated lithium metal battery technology company, is pleased to announce a strategic agreement with Kingston Process Metallurgy (KPM) to collaboratively scale, design, construct, and commission Pure Lithium’s proprietary pilot-scale lithium metal anode production reactor. Pure Lithium is advancing battery technology with a lithium metal vanadium oxide battery enabled by a novel, scalable, and cost-effect...

Pure Lithium Receives $300M Letter of Interest from the Export Import Bank of the United States to Build Lithium Metal Battery Manufacturing Facility

BOSTON--(BUSINESS WIRE)--Pure Lithium Corporation, a disruptive Boston-based vertically integrated lithium metal battery technology company, is pleased to announce it has received a Letter of Interest from the Export-Import Bank of the United States (EXIM), for a debt funding package of $300 million. The funding would advance the development of the company’s first industrial-scale lithium metal vanadium battery manufacturing facility. Based on preliminary information regarding expected U.S. exp...

Leading Global Battery Expert Kenneth Hoffman to Join Pure Lithium as Special Advisor

BOSTON--(BUSINESS WIRE)--Pure Lithium Corporation, a disruptive Boston-based vertically integrated lithium metal battery technology company, announces that Kenneth Hoffman (CFA, CIM) will join the company as a Special Advisor, leveraging his vast experience across the battery value chain to advance our drive towards full commercialization. Mr. Hoffman, who was previously Global Head of Battery Materials at McKinsey, will be a crucial asset for Pure Lithium’s commercialization strategy and devel...
Back to Newsroom