LiTHOS Energy Announces Fully Operational Lithium Processing Facility in Alabama

January 16, 2024

Bessemer, Alabama Facility Now Active

LiTHOS Energy has announced the full commissioning of its lithium processing facility in Bessemer, Alabama. This facility is currently processing lithium-enriched brines from the largest producing Salars in Chile and Argentina, utilizing the Company's patent-pending AcQUA technology.

- The 55,000 sq ft Bessemer complex triples LiTHOS's capacity to onboard new customers and deliver results across the complete lithium value chain.

- The AcQUA™ technology represents a significant advancement in lithium production, eliminating the need for environmentally harmful evaporation ponds and offering a more sustainable and efficient extraction process.

Support and Investment

LiTHOS's investment in Bessemer has garnered strong support from the local community and the federal government. Notable endorsements include U.S. Senators Katie Britt and Tommy Tuberville, U.S. Representatives Terri A. Sewell and Gary Palmer, the Alabama Mobility and Power Center, the University of Alabama, and the City of Bessemer's Economic and Community Development Department.

Market Impact and Company Strategy

- The global demand for lithium, driven by electric vehicle adoption and renewable energy storage, places LiTHOS in a strategically advantageous position.

- CEO Scott Taylor expressed excitement about the Bessemer complex's ability to handle increased customer demand and the facility's capacity to provide near real-time fluid sampling results for client brine validations.

LiTHOS has entered a one-year agreement with OGIB Corporate Bulletin for marketing services, including the production and publication of a minimum of four articles to enhance investor exposure. The Company will compensate OGIB $120,000, with no stock options or securities offered in connection with this engagement.

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