Li-Metal Corp is a Canadian technology company specializing in lithium metal anodes and lithium metal production technologies. Founded in 2019 by Maciej Jastrzebski and Tim Johnston, the company develops sustainable, cost-effective solutions for next-generation batteries. Their focus lies in creating advanced battery materials that enable higher energy density and improved performance for electric vehicles and energy storage applications. Through innovative manufacturing processes, Li-Metal aims to reduce production costs while maintaining environmental responsibility in the rapidly expanding battery market.
The company has established itself as a significant player in the North American battery supply chain, offering solutions that address critical challenges in lithium metal production and anode manufacturing. Their technologies support the growing demand for high-performance batteries, particularly in the emerging solid-state battery sector.
Battery Technology
Li-Metal’s technology portfolio centers on two main innovations: lithium metal production and advanced anode manufacturing. Their patented carbonate-to-metal (C2M) technology produces lithium metal directly from lithium carbonate, requiring 40% less energy compared to traditional methods using lithium chloride. This process eliminates toxic chlorine off-gas production, making it significantly more environmentally friendly.
The company’s physical vapor deposition (PVD) technology creates ultra-thin lithium metal anodes, essential for next-generation batteries. These anodes offer superior energy density and performance while reducing material usage. The process is adaptable to various battery designs, making it valuable for different applications in the electric vehicle and energy storage markets.
Additionally, Li-Metal has developed a scrap lithium reprocessing capability, contributing to a more sustainable battery supply chain. Their technology can transform lithium metal waste into usable ingots, reducing material waste and supporting circular economy principles in battery manufacturing.
Recent Projects
In late 2024, Li-Metal executed a strategic transaction, selling its lithium metal production business to Arcadium Lithium plc for US$11 million. This deal included a long-term supply agreement ensuring continued access to lithium metal for Li-Metal’s anode business. The company is currently focusing on expanding its anode production capabilities and exploring new investment opportunities in high-growth sectors.
Investors
The company is publicly traded on multiple exchanges, including the Canadian Securities Exchange (CSE: LIM), OTCQB, and Frankfurt Stock Exchange (FSE). While specific private investors are not publicly disclosed, the recent transaction with Arcadium Lithium plc demonstrates strong industrial partnerships within the battery sector.
Business Details
Location: Markham, Ontario, Canada
Website: https://li-metal.com
LinkedIn: https://www.linkedin.com/company/72005958
