SBIR Fast-Track: Selective Evaporative Lithium Transport and Extraction from Saline Water

NSF Award Search · 01002526DB NSF RESEARCH & RELATED ACTIVIT · $1,555,000 · view on nsf.gov ↗

Abstract

The broader/commercial impact of this Small Business Innovation Research (SBIR) Fast-Track project is to ensure sufficient domestic production of lithium for energy independence and supply chain resilience. Lithium plays a critical role in energy storage, especially in the electric mobility sector. The global electric mobility market was valued at $435 billion in 2023 and is projected to reach $4.4 trillion by 2032. However, 99% of lithium used in the US is sourced internationally. Princeton Critical Minerals’ technology will help expand domestic lithium supplies and processing capabilities to meet US demand, increase job creation and technological advancements, ensure market stability, and address national defense concerns; this translates to overall economic growth in the US. Additionally, mining lithium releases toxic chemicals in the process and requires the use of strong acids and water for extraction. The Evaporative Lithium Transport and Extraction developed in this project uses 50% less energy to extract lithium. The technology makes what were once economically unviable lithium sources, attractive for extraction for the first time. Advancing sustainable lithium extraction technologies, will secure the U.S.’s its position in the global energy revolution while minimizing environmental impact. This Small Business Innovation Research (SBIR) Fast-Track project will advance the company’s Evaporative Lithium Transport and Extraction technology and platform, facilitating c

Key facts

NSF award ID
2451235
Awardee
PRINCETON CRITICAL MINERALS, INC. (NJ)
SAM.gov UEI
KLCJFK9GFWL7
PI
Sunxiang 'Sean' Zheng
Primary program
01002526DB NSF RESEARCH & RELATED ACTIVIT
All programs
Advanced Manufacturing
Estimated total
$1,555,000
Funds obligated
$1,555,000
Transaction type
Cooperative Agreement
Period
08/15/2025 → 07/31/2028