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Pleasanton company extracting and processing lithium from brine into battery-grade lithium chemicals.
Founded in 2007 and headquartered in Pleasanton, US, Simbol Materials extracts and processes lithium from brine sources using Direct Lithium Extraction. It offers consulting and engineering services to clients ranging from junior mining firms to multinational corporations. In December 2009 it secured USD 6.70 mn from Mohr Davidow Ventures and Firelake Capital Management, and its latest round was a Venture Debt of USD 1.37 mn.
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