Critical Minerals
Developing domestic production of raw materials for lithium ion batteries
The U.S. needs unprecedented investment to develop domestic lithium supply
The race to electrify vehicle fleets has quickly outpaced global lithium supply, which comes almost entirely from China, Chile, and Australia. Haddington Ventures is at the forefront of deploying scalable technologies to extract lithium from unconventional domestic sources.
Demand for lithium is growing at twice the rate of production
U.S. Regulatory support via the Infrastructure Bill and Inflation Reduction Act provide strong incentives for domestic lithium production
Electric Vehicle (EV) supply chains are desperate to secure domestic sources of lithium for continued roll-out of fully electric vehicles
The price of lithium has quadrupled in the last year which reflects the increased demand and tight supply conditions
Previous Investments
Eureka Resources has a patented process to extract valuable mineral co-products including lithium from oil and gas wastewater streams. Unlike Direct Lithium Extraction (DLE), Eureka’s process generates freshwater which meets EPA secondary drinking water standards and can be returned to the hydrological cycle or to the customer for re-use in a closed loop.
The information presented herein does not represent the full list of portfolio company investments made by Haddington Ventures LLC over its history. You may request a full list of investments by contacting us. This information is not intended to be a recommendation to buy or sell any securities. Investments may be subject to change without prior notification.