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Salinity Solutions is developing an innovative technology to clean up the world’s water treatment industries. Its first application aims to reduce the high carbon footprint of lithium extraction and help create a cleaner way to fuel our demand for electric vehicle batteries.

  • Desalination tech designed to enable more efficient lithium production
  • Global lithium market estimated to grow x20 by 2040
  • The technology has received over £3m of R&D investment, with patents pending
  • Field trials planned in 2021 with Cornish Lithium
Information £149,984 of funds on the progress bar represent funds raised by the Company prior to launching the campaign. The Company has already received these funds, shares will be issued during the campaign, and the Company has indicated up to £82,000 may be spent whilst the pitch is live. Completion of the Crowdcube raise will occur on the same material terms and share price

Idea

The explosion in demand for electric vehicles to replace hydrocarbon fuelled vehicles creates an uncomfortable paradox: extracting the lithium to manufacture batteries currently has a devastating environmental impact, scarring landscapes with vast open cast mines, toxic evaporation lakes and high CO2 emissions.

Direct lithium extraction from groundwater is a promising alternative. However, systems currently used to concentrate water to enable extraction have a large footprint and require a lot of energy.

Salinity Solutions is developing a cleaner, more sustainable solution. Our licensed technology, protected by patent applications has two potential advantages: it’s up to 50% more efficient than traditional brine concentration, with a 50% smaller footprint. It promises a new, cleaner solution that we calculate to be commercially viable, and can even be deployed off-grid.

Lithium extraction is just the beginning. We believe that our technology has the potential to enable cleaner desalination across a range of polluting industries, with a total market projected to be worth $26bn by 2025. This will help to drive scale and growth for Salinity Solutions and it will enable industrial and mineral extraction processes to operate more sustainably.

Your investment will enable us to build the first in-field trial system with Cornish Lithium in the UK and secure our first customer orders

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Risk warning

Investing in start-ups and early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. Crowdcube is targeted exclusively at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. You will only be able to invest via Crowdcube once you are registered as sufficiently sophisticated. Please click here to read the full Risk Warning.

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Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

Salinity Solutions has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.