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Mangrove raises $3M from BDC Capital to accelerate deployment of battery-grade lithium processing systems

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Canada-based Mangrove Lithium closed a $3-million financing from BDC Capital’s Cleantech Practice. The platform technology is also being commercialized for conversion of waste brines to chemicals and desalinated water. Mangrove is the developer of a modular platform for the cost-effective production of battery-grade lithium hydroxide.

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Piedmont Lithium selects Tennessee for second lithium hydroxide project; 30,000 metric tons per year

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The project will convert spodumene concentrate sourced principally from Piedmont’s international project investments to expand significantly the US supply of lithium hydroxide, a key component in the manufacturing of EV batteries. Planned completion and start of production is in 2025.

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LanzaTech Pulls in $18M in Series B Funding; Qiming Ventures Leads

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New Zealand-based waste gas and syngas to fuels company LanzaTech ( earlier post ) has attracted US$18 million in Series B financing from investors led by China-focused venture capital firm Qiming Ventures. LanzaTech uses proprietary bacteria to convert industrial waste gases into fuels and chemicals. Gary Reischel.

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CalSEED awards $4.2M to early-stage clean energy innovations

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They will create an EV climate loan and lending platform that saves most drivers more than $200 per month on an electric car loan by incorporating thousands of dollars in EV rebates and incentives into the upfront financing of each car.

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