Novalith

About

Novalith Technologies Pty Ltd is a climate technology company based in Sydney, Australia, founded in 2020. The company focuses on developing innovative processes for the low-cost, low-carbon extraction and refining of battery-grade lithium chemicals from hard-rock ores. By utilizing carbon dioxide and carbonated water, Novalith aims to reduce costs, emissions, and waste compared to traditional methods. The company addresses lithium supply challenges for the global clean energy transition, particularly in the electric vehicle sector. Co-founded by experts in chemical engineering and academia, Novalith has acquired intellectual property for its LiCAL technology and holds several patents. It is currently in the Series A funding stage, having raised $17.9 million, with plans for pilot and commercial plants in Australia and the US. Novalith's technology supports scalable, carbon-negative lithium refining, targeting the battery materials industry and clean energy supply chains.