Element3 Resources

Element3 Resources specializes in extracting lithium and critical materials from oil and gas wastewater, particularly from the Permian Basin, driving sustainable energy solutions for various industries. Element3 Resources was founded in 2021 and is headquartered in Fort Worth, US. The company focuses on transforming oil and gas wastewater into lithium products through an innovative extraction process. The firm has completed one deal since its inception, with its most recent deal occurring on September 25, 2025, which indicates growth in its operations.

Element3 specializes in the extraction of lithium and critical materials from oil and gas wastewater, specifically targeting the Permian Basin. The company has developed a patent-pending process that enables the extraction of lithium chloride with over 85% recovery efficiency. This technology converts wastewater into battery-grade lithium carbonate, positioning Element3 as a key player in the sustainable energy sector. Their lithium products are used in electric vehicles, energy storage solutions, and consumer electronics, primarily targeting clients in the automotive and energy sectors in North America.

Element3 operates on a business-to-business (B2B) model, generating revenue primarily through the sale of battery-grade lithium carbonate produced from its proprietary extraction process. Client transactions are based on agreements tailored to operational needs and market conditions, enhancing supply chain efficacy for companies seeking sustainable lithium solutions. In September 2025, Element3 Resources raised an undisclosed amount of Series A funding co-led by investors TO VC, EIC Rose Rock, and Cubit Capital. The September 2025 funding enables the company to deploy its first extraction plants on Double Eagle’s water infrastructure by the end of this year, positioning the company as the first new lithium extraction player to reach commercialization in the United States.