Summit Nanotech

Calgary’s Summit Nanotech is constructing a demonstration plant at its Santiago, Chile site to accelerate lithium project development. Expected to process customer brines beginning January 2026, the plant will accept up to 30m³ deliveries and generate commercial design packages within two to three months.

These include recovery projections, water and energy use, equipment lists, and fixed-price, performance-guaranteed proposals for full-scale denaLi direct lithium extraction facilities. Summit says the model cuts demo timelines by 75% and costs by 90%, de-risking investment decisions. The project follows a $36.5 million financing round and recent executive hires to support commercialization.

Want to know more? Check out the source code on Calgary.tech.

Calgary-based Summit Nanotech has secured $36.5 million to advance its direct lithium extraction (DLE) technology. Led by Evok Innovations and BDC Capital’s Climate Tech Fund, the funding will support the commercial deployment of Summit’s denaLi™ system, which optimizes lithium recovery while reducing water use and costs.

CEO Amanda Hall highlighted the company’s transition to full-scale operations. Recent milestones include commissioning a Chile demonstration plant and qualifying its sorbent technology. With backing from Mitsui Kinzoku, LG Technology Ventures, and others, Summit is strengthening the lithium supply chain to meet growing EV battery demand.

Want to know more? Check out the source code on Calgary.tech.