ElectraLith Pty Ltd
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ElectraLith Pty Ltd - overview
Established
2021
Location
Melbourne, VIC, Australia
Primary Industry
Renewable Energy
About
Founded in 2021 and based in Victoria, Australia, ElectraLith Pty Ltd operates as a renewable energy platform that develops lithium extraction and refining solutions. In January 2025, ElectraLith Pty Ltd raised AUD 27. 5 million in a Series A funding round led by Main Sequence Ventures, Monash Investment Holdings, Rio Tinto Group, and IP Group. As of 2024, the company is led by its CEO, Charlie McGill.
ElectraLith specializes in advanced lithium extraction and refining technologies, with its Direct Lithium Extraction and Refining (DLE-R) method, which facilitates the extraction and production of battery-grade lithium hydroxide in a singular, scalable, and modular operation that utilizes no water or chemicals, instead operating solely on renewable energy sources. The company’s DLE-R technology eliminates the need for water and chemicals, enabling lithium extraction with minimal environmental impact. The company plans to utilize the funding raised in January 2025 to produce low-cost lithium.
Current Investors
Longview Innovation , Rio Tinto Group, Monash Investment Holdings
Primary Industry
Renewable Energy
Sub Industries
Renewable Energy, Energy Storage & Batteries
Website
www.electralith.com
Company Stage
Series A
Total Amount Raised
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