LibertyStream and Packet Digital Sign Agreement for U.S. Lithium Carbonate Supply to Support Cathode Material Production for Advanced Military and Industrial Battery Systems
Funding Announcement: LibertyStream has secured approximately $2.7 million in gross proceeds through non-dilutive grant funding and the exercise of options and warrants, which will support its strategic initiatives in Texas and North Dakota.
Partnership with Packet Digital: LibertyStream has entered into a Memorandum of Understanding with Packet Digital to collaborate on lithium carbonate production, enhancing the domestic supply chain for critical minerals used in battery manufacturing.
Operational Focus: The partnership aims to streamline supply logistics and improve efficiency in producing battery-grade lithium carbonate, with plans for operational mobilization in North Dakota and refining capabilities in Texas.
Company Overview: LibertyStream is focused on becoming a leading producer of lithium carbonate from oilfield brine, leveraging proprietary technology to reduce costs and support the clean energy transition while ensuring long-term shareholder value.
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