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Momentum Technologies tells House modular MSX plants can speed U.S. processing; seeks federal de‑risking
Summary
Momentum Technologies told the House Natural Resources Subcommittee its membrane solvent extraction (MSX) platform—developed with Oak Ridge and DOE support—can be deployed as fast, modular units near feedstocks; the company urged federal funding to de‑risk first modules to attract private capital.
Momentum Technologies told a House Natural Resources Subcommittee that its membrane solvent‑extraction (MSX) system, developed with Oak Ridge National Laboratory and DOE support, can accelerate domestic processing of battery and magnet feedstocks and reduce reliance on overseas processors.
Chief Executive Officer Mahesh Kunduru said the company validated its technology with support from the Defense Logistics Agency and the Department of Energy’s Critical Minerals Innovation Hub. ‘‘The technology was also validated with support from the Defense…
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