- Battery X Metals (BATXF, Financial) partners with TerraDX to launch AI-driven battery metals exploration in Nevada.
- Initial investment for claims acquisition and exploration is between $50,000 and $100,000.
- Nevada, with 85% of the U.S.'s known lithium deposits, is a strategic location for this venture.
Battery X Metals Inc. (BATXF), a key player in the energy transition resource exploration sector, has announced a strategic joint venture with TerraDX to use artificial intelligence in the exploration and discovery of critical battery metals such as lithium, cobalt, and graphite in Nevada. This initiative, effective from April 16, 2025, sets up a 50/50 joint venture framework leveraging TerraDX's proprietary AI technology to analyze geological datasets and pinpoint high-probability mineral targets.
The collaboration is a significant step in Battery X Metals' comprehensive 360° strategy, which includes exploration, recovery technology development, and lifespan extension for battery materials. The initial budget for claims acquisition and early-stage exploration activities is estimated to range from $50,000 to $100,000 each.
Nevada, chosen for its rich geological potential, hosts approximately 85% of the United States' known lithium deposits and is the only commercial lithium producer in the country as of 2023. This positions Nevada as an ideal location for AI-accelerated exploration, reinforcing Battery X Metals' objective to support the domestic supply chain for critical minerals.