EnergyX partners with Compass Minerals to fast-track Utah lithium production

EnergyX is betting its newly announced Utah venture could become one of the first major commercial lithium production projects in the United States, leveraging an existing brine operation owned by Compass Minerals to fast-track development.Asian Metal Copyright Under the agreement, EnergyX will design, fund, build and operate a DLE and refining facility on Compass Minerals' land.Asian Metal Copyright The company said on May 18, 2026 it has signed a Memorandum of Understanding with Compass Minerals to advance a 30,000 tons-per-annum commercial-scale direct lithium extraction (DLE) project near the Great Salt Lake.Asian Metal CopyrightS.Asian Metal Copyright Under the agreement, EnergyX will design, fund, build and operate a DLE and refining facility on Compass Minerals' land.Asian Metal CopyrightEnergyX is betting its newly announced Utah venture could become one of the first major commercial lithium production projects in the United States, leveraging an existing brine operation owned by Compass Minerals to fast-track development.Asian Metal Copyright The initiative, internally named "Project Powderhound," is EnergyX's third lithium project and its second in the U.Asian Metal CopyrightS.Asian Metal CopyrightS.Asian Metal CopyrightEnergyX is betting its newly announced Utah venture could become one of the first major commercial lithium production projects in the United States, leveraging an existing brine operation owned by Compass Minerals to fast-track development.Asian Metal Copyright It follows the March launch of a first-of-its-kind DLE plant in Texas aimed at proving the technology at scale and reducing reliance on imported battery materials.
.Asian Metal CopyrightEnergyX is betting its newly announced Utah venture could become one of the first major commercial lithium production projects in the United States, leveraging an existing brine operation owned by Compass Minerals to fast-track developmentAsian Metal Copyright