Summit Nanotech

Summit Nanotech, founded in Calgary in 2018, specializes in sustainable lithium extraction using its proprietary denaLi™ DLE technology. Serving the EV and renewable energy sectors, their innovative process reduces environmental impact and production time while enabling efficient battery recycling and high-purity lithium production.

Company Location

Country:

Canada

City:

Calgary

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Company Overview

Summit Nanotech, established in 2018 in Calgary, Alberta, specializes in sustainable lithium extraction technologies. The company develops innovative solutions for the growing electric vehicle and renewable energy sectors through its advanced direct lithium extraction (DLE) process. Its proprietary denaLiTM platform transforms traditional lithium mining by reducing environmental impact while increasing extraction efficiency, improving a typical 18-month process to one day while maintaining high purity standards essential for battery manufacturing.

Battery Technology

denaLiTM direct lithium extraction technology uses specialized nanomaterials to selectively capture lithium ions from brine, achieving higher yields and reducing freshwater consumption and chemical usage by up to 90% versus traditional methods. denaLiTM H recovers lithium from used lithium-ion batteries, supporting a circular economy. The process produces battery-grade lithium while reinjecting lithium-depleted brine back into source aquifers to preserve ecosystems.

Products

denaLiTM DLE platform: rapid lithium extraction (one day vs. 18 months), high-purity output; denaLiTM H: lithium recycling technology for spent batteries, enabling circular battery manufacturing.

Recent Projects

2024 partnership with Zelandez to integrate denaLiTM DLE with Zelandez’s ErLiTM carbonation system; 2024 joint development agreement with Cobax Mining for operations at Salar de La Isla; 2023 strategic partnership with Power Minerals for lithium production at Salar de Incahuasi, Argentina.

Investors

2023 Series A2 investors: Volta Energy Technologies, NGP, Helios Climate Ventures and The Grantham Foundation. Earlier backers include Xora Innovation, Capricorn Technology Impact Fund and BHP Ventures. In 2023, they secured a BDC-led funding round of $50M.

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