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Re: NanoEE post# 1913

Tuesday, 02/24/2026 11:43:40 PM

Tuesday, February 24, 2026 11:43:40 PM

Post# of 1978
Chevron's Activities
https://x.com/i/grok?conversation=2026508824933187834

Chevron has no involvement in producing battery materials or cells:In June 2025, Chevron acquired lithium leaseholds in the Smackover Formation (Texas/Arkansas) for potential direct lithium extraction (DLE), aiming for domestic lithium supply to support batteries (no production yet; early-stage evaluation).
Investments via Chevron Technology Ventures include backing Natron Energy (sodium-ion battery company; e.g., supporting their North Carolina factory plans) and ElectraLith (low-cost lithium tech, ~$17M Series A in early 2025).
Other efforts involve energy storage partnerships or hydrogen-related storage, but nothing involving manufacturing battery samples or cells.

Chevron supplies potential raw inputs (lithium) or invests in others who make batteries, but has produced no battery-related samples or prototypes itself.


So, much competition with deep pockets😔

Background and StatusFounded to address lithium supply bottlenecks for the energy transition, the company is based at Monash Innovation Labs in Clayton, Victoria, Australia (small team: 11–50 employees). In January 2025, they closed an oversubscribed Series A round of AUD 27.5 million (~USD 17 million) to fund their first DLE-R pilot plant (with plans for more). The round was led by Main Sequence Ventures and included a strong syndicate: Chevron Technology Ventures
In-Q-Tel (IQT)
Rio Tinto
Fathom Fund
Hostplus
Breakthrough Victoria
Marathon Petroleum
Others (e.g., VX Ventures)

They have earned recognition such as: Fast Company World Changing Ideas winner (2025)
Global Cleantech 100 nominee (2026)
Australian Top 100 Innovators nominee
Forbes 100 to Watch nominee



https://electralith.com/

Let's hope they need a unit🤞

IF THERE IS ONE THING I AM SURE ABOUT IS I AM USUALLY WRONG

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