To promote environmentally friendly and resource-saving mining of lithium, the BMW Group is investing through its venture capital fund BMW i Ventures in an innovative process developed by the US startup Lilac Solutions.
Lilac Solutions has developed and patented a technology that uses an ion exchanger to significantly improve the mining of lithium from the brine of saltwater deposits in terms of efficiency and cost. At the same time, the startup aims to use the ion exchange technology to significantly reduce environmental impact compared to conventional methods, as well as protect local communities and ecosystems.
The technology has already proven itself in initial field pilot projects and must now prove that it is scalable and can enter industrialization in the medium term. The process would then be applicable worldwide in brines, even if they have only a low lithium content.
»Innovative technologies lead to better, more sustainable and more efficient access to raw materials. By investing in start-ups, we accelerate the development of new technologies, promote competition and create impulses that make it easier for young companies to access the market«, emphasizes Wolfgang Obermaier, Head of Indirect Goods and Services, Raw Materials, Production Partners at BMW. »By investing in Lilac Solutions, we are promoting technological progress in the field of lithium mining. The focus here is on responsible and sustainable mining.«