Pure Lithium (PLTH) has announced the acquisition of Dimien Inc., a key player in vanadium cathode materials. This strategic move allows Pure Lithium to enhance its lithium metal vanadium (LVO) battery development.

Pure Lithium’s Breakthrough with Vanadium Cathode

The Boston-based company has pioneered a lithium metal battery that replaces nickel and cobalt with vanadium. This advancement enables them to produce batteries from ‘brine to battery’ in less than 48 hours.

Dimien’s Contribution to Battery Innovation

Dimien developed zeta vanadium oxide (ZVO), a cathode material that offers high energy density without the fire risks associated with other cathodes. Dr. Brian Schultz, Dimien’s founder, joins Pure Lithium as VP of Business Development and Technology.

Advancing LVO Battery Commercialization

The acquisition accelerates the commercialization of Pure Lithium’s LVO battery. By reducing costs and eliminating reliance on graphite, nickel, and cobalt, the company is poised to enhance US supply chain security.

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