A suite of new, but largely unproven, technologies known as direct lithium extraction could revolutionize lithium mining from brine, making it more efficient and sustainable and eliminating the need for large evaporation ponds. A number of companies including EnergyX, Lilac Solutions, and Standard Lithium are entering the DLE market and getting ready for commercial implementation across South America and the U.S., while automakers like BMW, GM and Ford are investing. Chapters: 00:00 — Introduction 01:55 — The need for DLE 04:17 — Different approaches 10:50 — Road to commercialization CORRECTION (June 5, 2023): At 12:16 in the video we state that Bolivia was previously considering using DLE technology from both EnergyX and Lilac Solutions. In fact, the Bolivian government is still considering a future partnership with Lilac Solutions. Produced, Shot and Edited by: Katie Brigham Animation: Christina Locopo, Jason Reginato Supervising Producer: Jeniece Pettitt Additional Footage: Albemarle, EnergyX, Lilac Solutions, Standard Lithium, Sunresin, Livent, Getty Images » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC #CNBC Why The EV Industry Is Betting On This Lithium Mining Breakthrough