๐ Reflecting on Adionics’ Remarkable 2023 Milestones
๐ฐ Series B : We celebrated a major milestone with our $27 million Series B funding announced in November 2023. Welcome to SQM. This funding is critical to our industrial expansion, continued R&D and team growth.
๐ ๏ธ Salar de Atacama Test Success: We completed 1500 hours of continuous, stable, on-site lithium extraction from brine testing in the Salar de Atacama. This achievement underscores the reliability, efficiency and commercial viability of our technology.
๐ Argentina office opened: Our global footprint grew with the opening of our subsidiary in Argentina, marking an important step in our international presence and commitment to the lithium extraction industry.
๐R&D progress on Flionexยฎ: We continued our R&D efforts to advance Flionexยฎ, focusing on battery recycling and hard rock applications. Our commitment to developing sustainable and efficient lithium extraction technologies remains stronger than ever.
๐งช Breakthrough with Litica Resources: In collaboration with Litica Resources, we achieved amazing results. Our pilot successfully converted raw brine into 99.85% pure lithium carbonate, demonstrating the effectiveness, robustness and repeatability of our DLE technology.
๐ Looking ahead to 2024, we’re poised for even greater achievements with our expansion into the U.S. market, a steadfast commitment to industrialization, and the growth of our dynamic team to 80 employees by the end of the year. This expansion will strengthen our R&D capabilities in novel applications and propel us forward in advancing our cutting-edge technology.” ๐โจ
Thanks to Adrien Liard for his amazing job on this infographic.