Licovolt operates a chemical compound and associated process lab designed for extracting critical minerals from spent lithium-ion battery materials. The company offers a patented technology that processes various battery chemistries using a sulphate-free method, enabling the efficient extraction of lithium, cobalt, nickel, and manganese from battery black mass and recycled materials for the electric vehicle and data center sectors.
The company was founded in 2024 by UCD scientists Dr Tony Keene and Dr Steven Ferguson, and mining and processing entrepreneur Clint Zahmel. Licovolt has raised $5.76M. The company entered into a formal joint development agreement with Pure Battery Technologies (PBT), headquartered in Australia with operations in Hagen, Germany. Up to 10 new jobs will be created over the next two years, in the areas of international business development, finance, chemical engineering and battery innovation.
Recent Leadership News
Licovolt announced the appointment of Kenneth Hoffman as a Special Board Advisor, who brings decades of expertise across the battery materials value chain and previously served as Global Head of Battery Materials at McKinsey & Company.
Facts compiled by Executive Moves from publicly available news and press releases on 11 September 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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