cobalt-extraction
(2)
BANIQL
BANIQL is a Santa Clara / San Jose-based climate-tech startup building a low-acid, low-energy chemical process to extract nickel and cobalt from laterite ore for lithium-ion batteries. Its patented method runs at atmospheric pressure and lower temperatures, cutting energy use and CO2 emissions by roughly 80%, lowering costs by about 30% versus conventional high-pressure acid leaching (HPAL), and generating virtually zero waste. Founded in 2021, the company runs R&D and pilot production in the U.S. and ton-scale prototype production in Indonesia, targeting the EV and battery-materials supply chain.
Eric Januar
Eric Januar is a co-founder and CEO of BANIQL, a Silicon Valley deep-tech startup reinventing how the world pulls nickel and cobalt out of the ground for electric-vehicle batteries. With 12 years in electronics, battery and semiconductor R&D - including a stint at Merck and a prior startup exit - he helped build BEST (the Baniql Extraction SysTem), a low-temperature, low-pressure process that the company says cuts electricity use by roughly 98 percent and reaches 99.7 percent nickel sulfate purity with net-zero toxic waste. BANIQL closed a US$1.6M seed round in 2024 and completed a 100 kg/month pre-pilot plant by year-end.