Summit Nanotech secures $25.5M for DLE

Metal Tech News - March 26, 2025

K. Warner, Metal Tech News | Last updated Mar 25, 2025 12:31pm0

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Felix Tchvertkin for iStock

Summit's innovations contribute to a cleaner, more responsible lithium supply chain, ensuring that production keeps pace with global electrification needs.

Leading company to scale sustainable direct lithium extraction tech.

Summit Nanotech has raised $25.5 million to accelerate commercialization of its lithium extraction technology, advancing a solution poised to cut costs amid a volatile global market for the critical battery metal.

Founded in 2018 and based in Calgary, Alberta, Summit Nanotech specializes in direct lithium extraction (DLE) for the...