Company Overview
About Lilac Solutions
Lilac Solutions is an Oakland, California-based direct lithium extraction (DLE) technology company — backed with over $318 million in total funding including a $145 million Series C led by T. Rowe Price and Presidio Ventures — commercializing a proprietary ion exchange process that extracts lithium from brine resources with 70-98% efficiency using ceramic beads coated with nano-materials, achieving the same lithium output from a 1-acre system that conventional evaporation pond methods require 10,000 acres to produce. Founded in 2016 from CEO Dave Snydacker's PhD research at Northwestern University, Lilac was acquired new CEO Raef Sully (former CEO of Nutrien's $10 billion business unit) in 2024 to lead commercial scaling. In 2025, Lilac unveiled its fifth-generation DLE technology achieving 20x higher lithium production rates and 10,000 operational cycles before replacement — orders of magnitude better than competing technologies. Active projects include the Kachi project in Argentina (with Lake Resources), the Great Salt Lake project in Utah (targeting 3,000 tonnes per year by 2026), and the Neptune project in Germany. Lilac's manufacturing facility in Fernley, Nevada produces the ion exchange beads for commercial deployment. Investors include Breakthrough Energy Ventures.
Business Model & Competitive Advantage
Lilac's direct lithium extraction technology addresses the land use, water consumption, and lead time limitations of the conventional evaporation pond lithium extraction that supplies 75%+ of global lithium production: traditional brine operations (dominant in Chile's Atacama and Argentina's Puna plateau) pump lithium-bearing brine into vast evaporation ponds — 10,000-50,000 acres of solar evaporation ponds that require 12-18 months to concentrate the brine before lithium can be recovered. This process uses enormous land areas in fragile high-altitude ecosystems, consumes significant water in arid regions, and cannot be deployed on lower-grade brine resources that contain too little lithium for evaporation economics. Lilac's ion exchange beads (selectively capturing lithium ions from brine while passing other minerals, then releasing concentrated lithium solution) can be deployed on brine resources that evaporation pond methods cannot economically process — expanding the addressable lithium brine resource base globally.
Competitive Landscape 2025–2026
In 2025, Lilac Solutions competes in the direct lithium extraction, battery materials, and critical minerals supply chain market with EnergySource Minerals (ILiAD DLE technology, private), SLB (NYSE: SLB, Chemix DLE acquisition), and Standard Lithium (NYSE: SLI, LiSTR DLE technology) for partnership agreements with lithium brine resource owners (mining companies, oil field operators with lithium-bearing produced water) seeking commercial-scale DLE deployment. Breakthrough Energy Ventures' investment reflects Bill Gates's conviction that DLE technology is critical path for EV battery supply chain decarbonization — as the growth of EV adoption requires 10-40x more lithium production than current evaporation pond capacity can supply. The Great Salt Lake deployment (targeting 3,000 tpa by 2026) serves as the North American commercial reference project that demonstrates Lilac's technology at scale for US battery supply chain development. The 2025 strategy focuses on scaling the Fernley bead manufacturing facility, completing the GSL Utah and Kachi Argentina commercial deployments, and converting the $318M in capital into operational projects that generate lithium carbonate offtake agreements.
The Lilac Solutions Story
Founders
Recent Activity
View all →Material Event filed 2026-08-21
OAKLAND, Calif., August 20, 2026 — Lilac Solutions, a leading provider of direct lithium extraction (DLE) technology, today announced that it has been selected (through a wholly-owned subsidiary) for a $100 million award from the U.S. Department of Energy (DOE). The award, made by the Manufacturing Deployment Office, part of DOE’s Office of Critical Minerals and Energy Innovation (CMEI), is designed to increase the domestic supply of critical minerals and materials for advanced batteries, and will support construction of Lilac’s Phase 1 lithium production facility on the Great Salt Lake in Utah, positioning it to become one of the first new sources of domestic lithium supply. The award is subject to completion of final negotiations with DOE. The Great Salt Lake project is one of the fastest and most credible paths to new domestic lithium production. Phase 1 will produce 5,000 tonnes per year of battery-grade lithium carbonate by 2028, doubling current U.S. lith
Material Event filed 2026-08-20
Material Event filed 2026-08-20
Quarterly Report filed 2026-08-05
Material Event filed 2026-08-05
Material Event filed 2026-07-27
Selection advances project toward final investment decision expected later in 2026 OAKLAND, Calif., July 15, 2026 — Lilac Solutions, a leading provider of direct lithium extraction (DLE) technology, today announced it has selected JordProxa as the technology and equipment partner for the lithium downstream conversion process at its Phase 1 commercial lithium carbonate facility on Utah’s Great Salt Lake. JordProxa will supply the technology and equipment package for downstream conversion at the Phase 1 facility, including performance guarantees. The package will convert the lithium sulfate eluate produced by Lilac’s ion exchange (IX) process into battery-grade lithium carbonate through evaporation, purification, and crystallization. The agreement follows a period of testing and basic engineering during the FEL‑3 project phase, in which JordProxa processed eluate produced directly from Great Salt Lake brine and successfully produced battery-grade lithium car
Material Event filed 2026-06-29
Agreement advances project toward final investment decision expected later in 2026 OAKLAND, Calif., June 23, 2026 — Lilac Solutions, a leading provider of direct lithium extraction (DLE) technology, today announced it has selected Hatch as the engineering, procurement, and construction management (EPCM) firm for its Phase 1 commercial lithium carbonate facility on Utah’s Great Salt Lake. Hatch will support Lilac in the engineering, procurement, and management of the construction and commissioning of the 5,000 tonnes per annum (tpa) facility, with first lithium production planned for 2028. The agreement includes a limited notice to proceed, allowing detailed engineering and early procurement to advance ahead of the final investment decision expected later in 2026. The Phase 1 facility will be built on a 20-acre site on the north arm of the Great Salt Lake in Box Elder County, Utah. It will use Lilac’s Gen 5 ion exchange (IX) technology
Company Timeline
Major milestones in Lilac Solutions's journey
Leadership Team
Meet the leaders behind Lilac Solutions
Raef Sully
Raef Sully was appointed CEO of Lilac Solutions in 2024, having joined as COO earlier that year. He previously served as CEO of Nutrien's $10 billion nitrogen and phosphate business unit, where he managed capital projects and operations in mining and chemicals. He brings decades of experience scaling industrial operations.
Dave Snydacker
Dave Snydacker founded Lilac Solutions in 2016 based on his PhD research at Northwestern University. He now serves as President and Chief Technology Officer, leading technology development and innovation. He holds a PhD in materials engineering and is a recognized expert in battery technology and lithium extraction.
Tom Wilson
Tom Wilson joined Lilac in 2019 as Chief Development Officer after completing a Sloan Fellowship at Stanford Graduate School of Business. He spent 14 years developing projects in the oil and gas industry before transitioning to clean energy, bringing deep expertise in industrial project development.
Nick Goldberg
Nick Goldberg serves as Chief Legal Officer after initially joining Lilac's advisory board. A friend of founder Dave Snydacker from Wesleyan University, Goldberg established himself in a top corporate law firm in New York before joining Lilac full-time to oversee legal strategy and corporate development.
Matt McCall
Matt McCall joined in 2022 as EVP of Bead Manufacturing. A former Lieutenant Commander and nuclear engineering officer in the United States Navy, he brings over 26 years of experience in manufacturing and operations leadership to scale Lilac's production capabilities.
Peter Ajayi
Peter Ajayi joined as VP and Deputy General Counsel in 2022 with over 9 years of experience, previously serving as Senior Corporate Counsel at Marqeta. He supports Lilac's legal operations as the company scales globally.
Felipe de Mussy
Felipe de Mussy leads Lilac's South American operations, overseeing key projects in Argentina and other lithium-rich regions. He brings expertise in Latin American mining and resource development.
Key Differentiators
Emerging Innovator
Lilac Solutions is an emerging player bringing innovative solutions to the Climate & Energy market.
Frequently Asked Questions
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