Lab scientist in gloves holding two Altillion beakers, one with yellow liquid and one clear, before and after extraction

Altillion Secures $5 Million Seed Round to Extract Iodine and Critical Minerals from Oilfield Wastewater and Industrial Brines

Altillion has closed $5 million in seed funding led by EIC Rose Rock and Flathead Forge. This milestone will accelerate the commercialization of our proprietary IRIS and ALIX technologies, unlocking critical minerals from oilfield produced water and complex brines to strengthen the domestic supply chain.

Aerial view of lined wastewater storage ponds and containment basins at a Permian Basin oilfield site

Altillion Secures Permian Basin Project to Evaluate Multi-Mineral Recovery from Produced Water

Altillion has secured a feasibility project in the Permian Basin to evaluate the recovery of four critical minerals from oilfield produced water. Collaborating with a consortium of strategic tech partners, the project aims to turn a major disposal liability into a meaningful new revenue stream for operators.

Three beakers with dark to light amber liquids and petri dishes of dark granular material, lab equipment in background

Altillion Validates Iodine Recovery and Product Quality Across Three Basins

Altillion has validated its IRIS platform across three distinct basins—the Permian, Haynesville, and Anadarko. This major milestone confirms consistent iodine recovery and high product quality across widely varying brine chemistries, proving the technology is a highly adaptable, commercially deployable solution.

Skid-mounted industrial processing system with steel tanks, piping, and pumps in a warehouse facility

Altillion Demonstrates Dual Recovery of Iodine and Lithium from Produced Water in Paid Feasibility Study

Altillion has validated its IRIS platform across three distinct basins—the Permian, Haynesville, and Anadarko. This major milestone confirms consistent iodine recovery and high product quality across widely varying brine chemistries, proving the technology is a highly adaptable, commercially deployable solution.

Gloved hand holding a petri dish of dark crystalline iodine flakes with a metallic sheen

Altillion Continues Producing High-Purity Crystalline Iodine Directly from Produced Water

Altillion has successfully demonstrated the production of high-purity crystalline iodine directly from produced water using its IRIS process. This milestone confirms the company can deliver a saleable, offtake-quality product from oilfield waste at significantly lower capital and operating costs.