EnergyX#99

Teague Egan ⚡@TeagueEgan

I had the distinct honor of spending time with President Kast of Chile and U.S. Ambassador Judd during Shield of the Americas summit in Miami to discuss EnergyX’s Black Giant lithium project. @energyx plans to invest $1.1 billion into Chile to build Black Giant’s 50,000 ton lithium plant over the next few years, and up to $5 billion over the next 10 years to build Litio Mecca, a 500,000 ton mega lithium refinery near the Port of Mejillones, Chile, which will not only process lithium from Project Black Giant and other Chile locations, but also potentially from salars across Argentina and Bolivia too. President Kast is going to do great things for Chile, and EnergyX couldn’t be happier to be partnering with his great country and further strengthening the bi-lateral relationship between America and Chile.

Teague Egan ⚡@TeagueEgan

For years, I’ve talked about supply chain resilience. Now #Washington is acting on it. With a $10 billion #EXIM loan and nearly $2 billion in private investment, #ProjectVault establishes the U.S. Strategic Critical Minerals Reserve, a public-private partnership designed to secure the raw materials that power our economy. As President Trump said, this initiative ensures American businesses and workers are never harmed by material shortages. It's no surprise that #lithium demand continues to accelerate, driven by electric vehicles, data centers, and grid-scale energy storage, yet the United States remains heavily reliant on imports for critical minerals. At @energyx , we view Project Vault as a true inflection point. A few months ago, we announced that we secured a signed Letter of Interest from EXIM Bank for up to $690 million in potential financing for our flagship Chilean lithium project, Project Black Giant™. This is the same bank now heavily supporting Project Vault. The LOI and this recent news reflect strong institutional confidence in the importance of securing lithium and other critical minerals supply. With this, we must continue to scale production at home. At our Project Lonestar™ Lithium in East Texas, we’re building domestic supply with our proprietary #cleantech, reducing foreign dependence, and strengthening America’s position in the global lithium race. https://t.co/R8bdWkm3tw💎🇺🇸/