Magmatic

Based in Austria, Magmatic is engineering highly selective, protein-based binders that extract lithium from mine tailings and brine at greater purity and lower cost than conventional solvent-extraction methods. By applying biological engineering techniques from synthetic biology to critical minerals, the company aims to help battery-grade lithium producers recover more value from waste streams while reducing the environmental footprint of extraction.

Magmatic is an early-stage venture working with mining and battery-material partners to pilot its protein-extraction process at scale.