On October 1, 2024, Pure Lithium Corporation, a disruptive Boston-based vertically integrated lithium metal battery technology company, announced the acquisition of all the assets of Dimien Inc., a private U.S. vanadium cathode materials company. Pure Lithium acquired Dimien’s intellectual property, know-how, and manufacturing equipment. Dimien's experienced team will also join the company. Wilson Sonsini Goodrich & Rosati advised Pure Lithium on the transaction.

Dimien's zeta vanadium oxide (ZVO), a low-cost, high energy density cathode material, is expected to aid and accelerate the commercialization of Pure Lithium's lithium metal vanadium (LVO) battery.

The Wilson Sonsini team that advised Pure Lithium on the transaction includes Mark Fitzgerald, Jason Breen, Ali Alemozafar, Farah Gerdes, Kaleigh Hawkins-Schulz, Erica Wolfe Heinz, Hin Au, and Christina Fuleihan.

For more information, please see Pure Lithium's news release. Additional coverage can be found on Mining.com.