Battery Mineral Resources Corp. reports company developments tied to copper operations in Chile and mineral exploration in North America. Its recurring updates cover the Punitaqui Mining Complex in Chile, including underground mining activity, copper concentrate production, and operating improvements at assets such as Cinabrio, San Andrés, Cinabrio Norte, Dalmacia, and the Los Mantos concentrate facility.
News for BTRMF also includes Ontario silver-cobalt and gold exploration work at projects such as McAra, Gowganda, Shining Tree, and Wilder, along with asset transactions, labor agreements through Minera BMR Spa, executive appointments, material agreements, capital-structure matters, shareholder voting items, and operating and financial results.
Battery Mineral Resources (BTRMF) and CoTec Holdings (CTHCF) signed a non-binding framework to evaluate additional copper production at Punitaqui in Chile. The proposed joint venture would apply technologies sourced through CoTec to lower-grade sulphide mineralization and tailings.
BMR would retain 100% ownership and economic benefit of its existing operation, including current resources, production and mine plans, under a baseline still to be agreed. Each party would receive 50% economic participation in incremental production and value from CoTec technologies and qualifying new development opportunities.
The parties plan metallurgical testing and preliminary technical and economic evaluations before negotiating definitive agreements. CoTec is expected to bear third-party costs of initial assessment and testing activities it approves. Formation of the venture remains subject to those evaluations and definitive agreements.
Battery Mineral Resources (BTRMF) announced shareholder approval of a new stock option plan and an amended share-unit compensation plan.
Shareholders approved both plans at the September 23, 2026 annual meeting. The board adopted the new option plan on September 29; its maximum shares issuable through outstanding options remains 10% of issued and outstanding common shares on a non-diluted basis.
Disinterested shareholders approved the amended performance share unit and restricted share unit plan, including 25,000,000 common shares reserved for issuance. The board adopted that plan on August 19, subject to shareholder and TSX Venture Exchange approval. Final exchange acceptance remains pending.
Battery Mineral Resources (BTRMF) reported higher first-half earnings at its wholly owned ESI Energy Services subsidiary and outlined a proposed manufacturing expansion.
For the six months ended June 30, 2026, ESI revenue was approximately C$16.4 million, up 51% from approximately C$10.9 million a year earlier. Income from continuing operations rose to approximately C$4.8 million from approximately C$1.5 million. Adjusted EBITDA, a supplemental earnings measure outside IFRS accounting standards, was approximately C$6.6 million versus approximately C$3.2 million.
The proposed Phoenix facility would approximately triple ESI's manufacturing footprint. Subject to completing the lease and related arrangements, equipment installation and relocation are expected to begin in December 2026, with full operations expected in early Q2 2027. The company expects the expansion to increase capacity and improve operating efficiencies.
Battery Mineral Resources (BTRMF) received a Cinabrio Norte exploitation permit and authorization to operate Tailings Dam No. 4 in Chile. Both are at its 100%-owned Punitaqui Copper Project. The dam authorization followed completion of reinforcement and improvement work and permits approximately nine months of temporary use for thickened tailings.
The Cinabrio Norte permit allows the company to advance engineering, mine planning and development, but mining remains subject to remaining technical, environmental, safety, engineering and regulatory requirements. The company has completed about 400 metres of an underground access ramp toward the deposit. Its planned tailings filtration plant is authorized to operate for ten years; construction, commissioning and applicable permit conditions remain ahead. The company is reviewing the plant’s design and execution plan with a view to optimizing capital costs.
Battery Mineral Resources (OTCQB: BTRMF) announced that its subsidiary ESI Energy Services has completed a new senior secured financing arrangement with JPMorgan Chase Bank, comprising a US$6.0 million four-year term loan, a US$1.0 million revolving line of credit and an equipment financing facility of up to US$5.0 million, subject to final documentation. According to Battery Mineral Resources, these facilities provide up to US$12.0 million of capacity, refinance ESI’s prior Fiera credit facility and support growth and manufacturing investments.
The company also granted an aggregate of 13,193,431 RSUs to directors and executives, including 9,033,443 to CEO Laz Nikeas, 3,659,988 to CFO Jennifer Fulton Anderson and 500,000 to Director Keith Spano, with vesting over up to three years under its equity plan.
Battery Mineral Resources (OTCQB:BTRMF) appointed Ryan Welker and Peter Doyle to its Board of Directors, effective June 26, 2026. Welker brings over 20 years in natural resources, finance, and governance, while Doyle contributes more than 40 years of global mineral exploration experience.
The company also announced the resignations of Joseph Tuso and Julia Aspillaga from the Board. In addition, BMR granted 250,000 restricted share units (RSUs) to Welker, vesting in three equal annual instalments under its Restricted Share Unit Plan.
Battery Mineral Resources (OTCQB:BTRMF) reported strong 2026 performance for its ESI Energy Services unit, Ozzie's. Q1 2026 revenue was $7.3 million, up 50% year-over-year, with income from continuing operations of $1.9 million and adjusted EBITDA of $2.8 million (38% margin).
ESI projects about $3.2 million in revenue for each of April and May 2026 and full-year 2026 revenue of $30–32 million, with margins similar to year-to-date levels. Field testing is underway on the Universal Carrier autonomous modular tracked platform, with production models expected to be unveiled at RE+ 2026 in Las Vegas.
Battery Mineral Resources (OTCQB:BTRMF) has filed its interim condensed consolidated financial statements and MD&A for the three months ended March 31, 2026.
According to the company, these Q1 2026 documents are available on SEDAR+ and the company website for investor review.
Battery Mineral Resources (OTC: BTRMF) provided an Ontario exploration update on April 24, 2026 covering four drill-stage projects: McAra, Gowganda, Shining Tree and Wilder. Key facts: McAra hosts an indicated cobalt resource of 1,102,000 lbs Co, the company holds 30,912.09 ha across Ontario, and BMR has completed 45,754.93 m of diamond drilling.
Programs identified multiple high-priority targets; further drilling, ground geophysics and reassessment for gold at Shining Tree are planned to expand and better define mineralization.
Battery Mineral Resources (OTCQB: BTRMF) closed the sale of its 100% indirect interest in four Gowganda mining leases, including a silver tailings project, to Nord Precious Metals on March 31, 2026.
Consideration comprised $1,000,000 cash, 4,401,408 Nord shares (deemed $0.284/share, $1,250,000), a 3.0% NSR, and $3,750,000 deferred across years 1–3. Up to 50% of each deferred payment may be paid in Nord shares (statutory four months plus one day hold). Transaction closed under an amended definitive agreement and remains subject to final TSXV approval.