Prairie Lithium
A lithium exploration company exploring brines in Saskatchewan, Canada.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | CAD70.6m | Acquisition | |
| Total Funding | 000k | ||
Prairie Lithium is a resource and technology developer focused on extracting lithium from unconventional sources in Saskatchewan's Williston Basin. The company leverages Direct Lithium Extraction (DLE) technology to unlock lithium from lithium-enriched brine water, a byproduct of energy sector operations. This innovative approach aims to meet the growing demand for lithium in North American markets while reducing the environmental footprint of lithium mining. Prairie Lithium serves clients in the electric mobility and energy sectors, providing a crucial resource for the global transition to electric vehicles. The company's business model revolves around developing and commercializing its proprietary extraction technology, generating revenue through the sale of extracted lithium and licensing its technology.
Keywords: Lithium, Extraction, Technology, Saskatchewan, Williston Basin, Electric Mobility, Brine Water, Environmental Footprint, North American Market, DLE Technology.