Often businesses grow because their employees know how to capitalize on their fullest potential. But the opposite is also true. A thriving business also provides opportunities to its employees to excel. EnergyX belongs to the second group. It is a company guided by visionaries who are adept in identifying scopes for expansion, which in turn, provides employees a chance to find out how they can surpass what they have done so far.
Enterprises across the globe, are now seeking ways to adopt eco-friendly ways and lithium is plays a huge role. This element is one of the main components needed for energy storage such as batteries. In the automotive sector, the demand for these batteries is skyrocketing. The segment is also leveraging much from other fields like smart wearables and gadgets.
EnergyX has its eyes set on this scope and is now planning to stay in sync with the momentum. Therein the company is currently exploring the “Lithium Triangle,” a huge area spanning Chile, Argentina and Bolivia that holds the majority of the world’s stocks. This sounds especially promising with the world heading towards a renewable energy transition.
The Work Culture
Teague Egan, the CEO of EnergyX, is a person who believes in impacting more and setting up examples to ensure that his employees stay aligned with the vision he has for the company. This is something that has also shaped the strategies he has adopted for the company. He has infused these strategies with efficiency to make them more sustainable.
Teague’s efforts to usher in a positive change for as many people as possible are easily relatable. That’s what his employees find as motivation as it makes them proud of the company. With EnergyX, they get an opportunity to make a difference and it influences the way people think about getting up in the morning and going to work. It boosts their contribution and creates engagement.
At the same time, it goes hand in hand with the work culture of the company that believes in supporting its employees, nurturing raw talent, and helping individuals to reach their goals and potential. It inspired them to fully invest themselves towards a common goal and contribute more. The work ambiance also encourages a leadership-based approach, wherein the workers enjoy autonomy and trust the company endows them with. This also inspires them to flourish more and perform better.
Turning the Table
The mining industry follows some age-old traditions and is an industry slow to change. This is a challenge for any new company. But, if the right ways are adopted then it can also be sensed as an opportunity by its employees.
Employees who are eager to get molded by competitions can benefit from the situation. EnergyX has opened up avenues by introducing new technologies and blending them with values that companies would find irresistible.
The intent is to ensure a sustainable impact on the economy that EnergyX’s clients can explore for benefits. It depends a lot on strategies and how the company has planned for its execution. That is why, each time it decides to onboard a client, it starts digging deep for insights. The endeavor is to get a solid grip over strategic tools that could change the game in the longer run.
The Future
The company is not just about values and methods. It has tangible records to prove that it is on the right track. In its recent Series A round of funding, it has managed to fetch $10 million. But that is just the beginning. It is now planning to ensure some further rounds of financing in the coming years to accommodate the growing nature of the company. This upward trajectory is also good for employees who are associated with EnergyX and also those who want to be in the future.
The company is now ready to launch some pilot plants in the coming years alongside several lithium producers. “If these field pilots are successful for 6-12 months of run time,” the company will then “move to full commercial facilities by the end of 2022 or early 2023.” It will have a significant impact on the manufacturing of lithium batteries as prices will start dropping, which will ease the penetration of these batteries in other sectors.
EnergyX has now entered its growth phase. Its eagerness to accommodate innovations and launching of methods to counter challenges are opening up spaces that any employee with a growth mindset would love to explore.
