FAQ: Pure Lithium's New Chicago Headquarters and Commercial Expansion

What is Pure Lithium and what does the company do?

Pure Lithium Corp is a vertically integrated lithium metal battery technology company that is developing the world’s first commercially viable lithium metal battery using its patented Brine to Battery technology, which combines lithium metal extraction and battery anode production.

Where is Pure Lithium’s new headquarters located?

The new headquarters is located at 400 N. Aberdeen St. in Chicago’s Fulton Market district, featuring a 21,000-square-foot facility.

Why is Pure Lithium’s expansion to Chicago significant?

This marks the company’s transition from pure R&D to scaling up for commercial production, supported by Chicago’s robust infrastructure and qualified workforce of technicians and engineers.

What government support has Pure Lithium received for this expansion?

The Illinois Department of Commerce and Economic Opportunity awarded Pure Lithium an incentive package valued at $8.5 million, including a $4.4 million Reimaging Electric Vehicles (REV) agreement.

What are the key benefits of Pure Lithium’s battery technology?

Pure Lithium’s lithium metal batteries offer double the energy density of today’s lithium-ion batteries and use a streamlined Brine to Battery production process that combines extraction and anode manufacturing.

What markets does Pure Lithium plan to target with its batteries?

The company plans to target drone and defense, grid-scale energy storage, consumer electronics, and electric vehicle markets with its lithium metal batteries.

Who are the key leaders and supporters mentioned in the announcement?

Key figures include Pure Lithium Founder, Chairman and CEO Emilie Bodoin; U.S. Senator Tammy Duckworth; Illinois State Senator Lakesia Collins; and Lisa Clemmons-Stott from the Illinois Department of Commerce and Economic Opportunity.

How many jobs is Pure Lithium bringing to the Chicago area?

Pure Lithium is bringing 50 new jobs to the region as part of its relocation from Boston to Chicago.

What is the current status of Pure Lithium’s technology development?

After four and a half years of R&D and building a portfolio of more than 128 patents and patent applications, the company is now focused on building a pilot production line and moving from lab to market.

Why did Pure Lithium choose Chicago for its headquarters?

Chicago was chosen for its robust infrastructure, qualified workforce of technicians and highly trained engineers, and the supportive Illinois business ecosystem that provides the resources needed for production scaling.