International Battery Metals Ltd V.IBAT

Alternate Symbol(s): IBATF

Metals & Mining Industrial Metals & Minerals

International Battery Metals Ltd. (IBAT) is a Canada-based advanced technology and manufacturing company. The Company is focused on environmentally responsible methods of extracting lithium compounds from brine. The Company provides its technology and equipment to holders of resource properties such as oilfield brines, subsurface brine aquifers and industrial customers who have lithium rich brine by products from their operations. The Company’s operations consist of the development of a modular direct lithium extraction plant (MDLE Plant). The MDLE Plant is designed to process brine solutions to extract lithium chloride which can be further processed into lithium carbonate and used for industrial purposes or as a battery component. The Company constructed the first MDLE Plant in Lake Charles, Louisiana.

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International Battery Metals Ltd

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Post by Betteryear2on May 06, 2024 7:08pm

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Post# 36025953

(IBAT) and US Magnesium Sign Agreement

Modular design provides scalability and smaller footprint
Technology effective with diverse brine resources, including oilfield produced brines, as well as subterranean brines

VANCOUVER, BC and HOUSTON, May 6, 2024 /CNW/ -- International Battery Metals Ltd. (CSE: IBAT), today announced an agreement with US Magnesium LLC (US Mag) for the installation of its first-of-its-kind, patented modular direct lithium extraction (DLE) plant installed at a brine resource. The mobile facility is co-located at US Mag's existing operations outside Salt Lake City, Utah. IBAT's plant will process brine produced from lithium-containing waste-magnesium salts. The resulting lithium chloride product will provide feed for high-purity lithium carbonate production by US Mag.

International Battery Metals (IBAT) and US Magnesium Sign Agreement to Install World's First Modular Direct Lithium Extraction (DLE) Plant (newswire.ca)