KMX Technologies
KMX has changed how critical minerals and lithium are secured, while providing next generation water treatment opportunities
Description
KMX’s technology facilitates a separation and recovery of pure water, lithium and other rare earth minerals a from industrial brine and waste-streams at low temperature and pressure. By using its proprietary membrane distillation technology for mineral recovery and water separation, KMX's technology targets water scarcity and contamination and offers a new method of promoting clean water and wastewater treatment. In addition, separation of Lithium, which is a critical element for batteries used in electric vehicles and other clean energy technologies, as well as other rare earth minerals, through brine and waste is a far more sustainable approach than traditional lithium extraction methods which are energy-intensive and have negative community and environmental impacts.
What Makes it Regenerative?
- enables ecosystem remediation
- supports renewables
- aggregates sustainable industrial feedstock
- enables circularity
Business Model
KMX licenses their proprietary membrane distillation technology to other companies in relevant industries. They may also directly sell membrane distillation systems incorporating their technology.
Risks & Limitations
- As a new technology, more real-world data and independent verification are needed, and customers may be hesitant to adopt unproven technologies, especially in critical areas like water treatment or resource extraction.
- Scaling their technology for large-scale industrial applications could pose challenges.
- The process itself might generate waste products that require proper management and disposal.
Tags
Location
Mississauga, CA
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