#BillGates’ Breakthrough, #BMW and #Canada Back #Lithium Refiner

Posted on by Leave a comment
A modern lithium processing facility labeled 'Canadian Lithium' with a BMW logo, set against a backdrop of snowy mountains and wind turbines. A gray car is parked in the foreground, reflecting the sunset.

A new wave of innovation and technological revolution is still required in the Western World.

Lithium refiner Mangrove Water Technologies Inc. secured $85 million from the Canada Growth Fund, BMW AG’s i Ventures and Bill Gates-backed Breakthrough Energy LLC.

The “structured financing package” will support the company’s commercial facility in Delta, which neighbors the US border south of Vancouver. It will also help the firm move toward a second, much larger plant, which could contribute to powering half a million electric vehicles per year, Canada’s Finance Department said in a statement Thursday.

Read more at: https://www.bloomberg.com/news/articles/2026-01-15/bill-gates-breakthrough-bmw-and-canada-back-lithium-refiner

Leave a comment