KBR Invests in Geolith’s Li-Capt® DLE for Commercial Rollout as Activist Urges Sale
KBR•KBR has made a strategic equity investment in Geolith to advance global commercial deployment of Li-Capt® Direct Lithium Extraction technology integrated with its PureLi® refining process, targeting scalable, low-impact lithium production for battery and energy storage markets. Activist Engine Capital has publicly urged the government contractor to explore a sale, signaling potential valuation and governance pressure on the company.
1. Strategic Geolith Investment
On April 30, KBR announced a strategic equity investment in Geolith to support global commercialization of Geolith’s Li-Capt® Direct Lithium Extraction technology. This builds on their exclusive 2024 alliance by combining Geolith’s selective DLE process with KBR’s PureLi® refining and conversion capabilities, backed by KBR’s global engineering, procurement and project delivery expertise to de-risk projects and accelerate time to market.
2. Activist Engine Capital Urges Sale
On April 29, activist investor Engine Capital publicly called on KBR’s board to explore a sale of the government contractor, citing perceived undervaluation and the opportunity to unlock shareholder value. This intervention heightens governance scrutiny and could prompt a strategic review, potentially increasing share price volatility in the near term.
