Battery X Metals Inc Stock Price, News & Analysis

Battery X Metals (OTCQB: BATXF) has announced modifications to its corporate awareness initiatives. The company has increased its engagement budget with bullVestor Medien GmbH by an additional €200,000 (CAD $312,500), extending their marketing services for three months starting April 4, 2025. The total investment in bullVestor now reaches €390,000 (CAD $607,500).

Additionally, the company provided an update on its engagement with Carsten Schmider Media Relations Publishing, which was initially contracted for €140,000 (CAD $206,000) for a 45-day marketing campaign. While this campaign hasn't yet begun its publication phase, the company plans to amend the term to align with the actual start date of banner ad publications.

Battery X Metals (BATXF) is expanding its patent-pending battery rebalancing technology to include the Nissan Leaf, the second most common out-of-warranty EV in the United States. The company's subsidiary, Battery X Rebalancing Technologies, will collaborate with Factor E Motors to develop connector ports and validate rebalancing procedures using a Nissan Leaf battery pack acquired for $1,120.

The company's Prototype 2.0 represents significant advancement in their technology, featuring advanced diagnostics, patent-pending cell balancing functionality, and improved field operability. The National Research Council of Canada has validated the technology's effectiveness in correcting cell imbalances, demonstrating recovery of lost capacity in lithium-ion battery packs.

With over 114,000 eligible Nissan Leaf vehicles in the U.S. market and global EV sales reaching 17.1 million units in 2024, Battery X Metals is positioning itself to address the growing need for battery life extension solutions as EVs exit warranty coverage.

Battery X Metals (BATXF) has partnered with Factor E Motors, Vancouver's first independent Tesla dealership, to advance its battery rebalancing technology for Tesla vehicles. The collaboration will focus on validating Battery X's second-generation prototype (Prototype 2.0) for Tesla Model 3 and Model X battery packs.

Factor E Motors, operated by award-winning former Tesla technicians, will assist with pre-rebalancing diagnostics, rebalancing procedures, and post-rebalancing evaluations. The non-commercial agreement aims to develop standardized operating procedures and validate the company's technology. Battery X's rebalancing technology, validated by the National Research Council of Canada, has demonstrated 99.4% recovery of lost capacity in previous tests.

This partnership is strategically timed as Tesla, commanding 45% of the U.S. EV market, faces a surge of vehicles approaching the end of their battery warranty coverage by 2032.

Battery X Metals (BATXF) has achieved a significant milestone in its battery recycling technology development through collaboration with a Global Top 20 university. The company's new solvent has demonstrated impressive improvements in their eco-friendly flotation process, including:

- A 26.5% to 31.5% increase in oxide recovery (to 48.10%)
- A 5.5% to 6.3% increase in graphite purity (to 73.0%)
- Maintained high graphite recovery at ~97%
- Consistent oxide purity at ~90%
- Stable flotation time of 5-7 minutes

The technology addresses a key challenge in battery recycling by effectively separating oxides from graphite, particularly dealing with a rubber-like coating found on black mass samples. The company continues to optimize the process through additional controlled trials with different solvent dilutions and multi-stage flotation processes.

Battery X Metals (BATXF) has announced the delivery of Prototype 2.0, its second-generation lithium-ion battery rebalancing machine, marking a significant milestone for its subsidiary Battery X Rebalancing Technologies. The new prototype features advanced diagnostics, next-generation rebalancing technology, and a more compact design, aimed at extending EV battery lifespan and reducing replacement costs.

The company plans to showcase Prototype 2.0 at an exclusive live investor reveal event in May 2025, where they will demonstrate core functions and present their development roadmap. Developed in collaboration with Beijing Pengneng Science & Technology Ltd., the system includes supporting equipment such as a multi-function battery diagnostic device, system interface tablets, a battery pack lift, and insulated tool kits.

Battery X Metals (BATXF) has entered into a strategic joint venture with TerraDX to launch AI-powered exploration for battery metals in Nevada. The binding MOU, effective April 16, 2025, establishes a 50/50 joint venture framework focused on discovering lithium, cobalt, graphite, and other battery metals.

The venture will leverage TerraDX's proprietary AI model to analyze geological datasets and identify high-probability mineral targets. Initial budgets are estimated at $50,000-$100,000 for claims acquisition and another $50,000-$100,000 for early-stage exploration activities.

The partnership aligns with Battery X Metals' 360° strategy across the battery metals sector, which includes exploration, recovery technologies development, and battery lifespan extension. Nevada was selected for hosting approximately 85% of U.S. known lithium deposits and being the sole domestic lithium producer in 2023.