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International Battery Metals Ltd V.IBAT

Alternate Symbol(s):  IBATF

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.


TSXV:IBAT - Post by User

Post by Betteryear2on Jul 11, 2024 5:27pm
131 Views
Post# 36129196

(IBAT) Commences Operations

(IBAT) Commences Operations
  • Industry-disrupting technology breakthrough vaults IBAT to global pacesetter position
  • Modular plant brings lithium production online in record-setting time
  • Proprietary technology has been verified to extract more than 97% of available lithium from brine using no chemicals and with a water recovery rate of up to 98% via a closed-loop recycling system based on third-party review of Smackover extraction operations
  • Founded by the inventor of the first lithium absorbent and designer of the world's first DLE plant in 1998

VANCOUVER, BC and HOUSTONJuly 11, 2024 /CNW/ -- International Battery Metals Ltd. (CSE: IBAT), today announced it has commenced operations of its commercial proprietary modular direct lithium extraction (DLE) plant in Utah – an industry landmark representing the first lithium produced from the only modular DLE operation in the world and the first commercial DLE operation in North America.

International Battery Metals (IBAT) Commences Operations of World's First Commercial Modular Direct Lithium Extraction (DLE) Plant and First Commercial DLE Plant in North America (newswire.ca)

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