| Abstrakt: |
Teague Egan, the founder of Energy Exploration Technologies (EnergyX), has ambitious plans to build the world's largest lithium company, despite having no background in mining or chemical engineering. Egan's company has attracted investments from blue-chip backers such as General Motors, Eni, and Posco. While some skeptics question the company's capabilities, Egan remains confident in the future demand for lithium, which is a key component of electric vehicle batteries. Although the lithium market has experienced a downturn, Egan believes that the industry will rebound, and he aims to produce between 500,000 and 1 million tons of lithium annually within the next 10 years. [Extracted from the article] |
