LibertyStream signs strategic agreement with Packet Digital for US lithium carbonate

LibertyStream has signed a memorandum of understanding with Packet Digital to secure a local supply of lithium carbonate for industrial and military battery production, backed by approximately $2.7mn in funding.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

LibertyStream Infrastructure Partners Inc. has entered into a memorandum of understanding with Packet Digital to collaborate on the supply of lithium carbonate (Li₂CO₃) for US-based battery manufacturing programmes. The initiative aims to strengthen the domestic energy storage value chain through coordinated efforts between LibertyStream’s refining capabilities and Packet Digital’s industrial demand.

Strengthening the US energy storage chain

The agreement includes technical data sharing and joint planning to secure future supply volumes tailored to cell production requirements. LibertyStream, in partnership with Wellspring Hydro, will develop its refining operations to deliver lithium carbonate meeting Packet Digital’s specifications. This collaboration is designed to improve supply reliability for critical materials and reduce reliance on imports.

Packet Digital manufactures advanced batteries for industrial and defence applications. The agreement will allow for greater control over the origin of chemical inputs used in production, with supply sourced from facilities in Texas and North Dakota.

Funding allocated for operational expansion

In parallel with the agreement, LibertyStream has raised approximately CAD3.7mn ($2.7mn) in gross funding through a mix of non-dilutive grants and the exercise of options and warrants by board members and its largest institutional shareholder. The proceeds will support the commissioning of the company’s refining unit in Texas and the ramp-up of operations in North Dakota.

The company expects to achieve commercial-scale lithium carbonate production by late 2025. Output from these facilities will serve industrial and military-grade battery manufacturing, requiring high-quality and reliable material supply.

Building an integrated domestic supply line

The agreement sets out coordination on logistics, processes, and delivery timelines to enhance operational efficiency. Terri Zimmerman, Chief Executive Officer of Packet Digital, stated the partnership supports the development of a national integrated supply chain for critical battery materials. Alex Wylie, President and Chief Executive Officer of LibertyStream, reaffirmed that local lithium carbonate production addresses the specific needs of US-based cell manufacturers.

Entech and Primeo Energie create Primtech Batteries to develop battery electricity storage projects in France and the European Union, targeting 100 MW installed by 2029.
Three New York public high schools are introducing a new energy storage module this year, through a partnership between NineDot Energy and Solar One aimed at preparing students for careers in distributed energy.
Nuvve Holding Corp. plans three 2MW battery installations in Eastern Zealand to strengthen the Danish grid and optimise revenues through its proprietary software platform.
HS Hyosung partners with Umicore to produce silicon anodes, a key material for next-generation batteries, through a €120 mn investment to strengthen its position in energy storage.
LG Energy Solution partners with South 8 Technologies to develop lithium-ion batteries capable of operating at -60 °C, strengthening its position in the space sector alongside KULR Technology Group and NASA.
Masdar commits to developing a 300MW/600MWh battery storage system in Uzbekistan, marking a major step in modernising the national grid and securing investments in renewable energy.
Jabil and Inno will co-develop a 15,000 sqm plant in Rayong, Thailand, to manufacture metal enclosures for battery energy storage systems, aiming to enhance vertical integration and secure supply chains.
Adani Group launches a 1126 MW project in Khavda, marking its first entry into energy storage, with one of the largest BESS systems ever built at a single site.
Kuwait is preparing a battery storage project with a capacity of up to 6 GWh to stabilise its power grid and address rising electricity demand.
Quino Energy secures $16mn in funding to scale global production of its organic electrolytes, with strategic support from investor Atri Energy Transition.
China's Envision Energy will supply a 680MW battery storage system to UK-based Statera Energy as part of the Carrington project, one of the largest in the country to reach financial close.
Girasol Energy begins grid-scale battery aggregation with two facilities totalling 4MW in Japan, marking a strategic expansion into balancing markets.
Driven by the recovery in the raw materials market, CBAK Energy posted a sharp rise in revenue in the third quarter, while its battery business enters a complex industrial transition.
Daiwa Energy & Infrastructure, Fuyo General Lease and Astmax have commissioned a 50MW/100MWh battery storage station in Sapporo, marking their entry into Japan’s large-scale energy storage market.
Sonnedix has started construction on a 125MWh battery storage system at its 30MWAC Oita solar site, with commercial operation planned for November 2026 and a JPY21.4bn ($142mn) financing secured.
Tamagawa Energy has completed the acquisition of a 2MW/8MWh battery site in Kagoshima for JPY690mn ($4.57mn), marking its entry into grid-scale storage.
Tokyo Asset Solution invests in two storage projects, including a standalone site in the Japanese capital, marking its entry into the large-scale sector with national and international partners.
LEAG Clean Power and Fluence Energy will build a 4 GWh battery energy storage system in Germany, marking a major step in the industrialisation of storage capacity at a European scale.
Plus Power secured $160mn in tax equity investments from Morgan Stanley to fund two battery storage facilities in Massachusetts and Maine, the largest ever developed in New England.
Chinese manufacturer Pylontech strengthens its international investment strategy by launching a local entity in Australia to accelerate the deployment of its energy storage solutions.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.