International Ba Stock Price, News & Analysis

International Battery Metals Ltd. (IBAT) has appointed Garry Flowers as Chief Executive Officer, succeeding founder John Burba, who remains Executive Chairman and Director of Global Technology. Flowers, previously IBAT's President, has extensive experience in engineering and project management. The company has made significant progress in developing its patented lithium extraction technology, achieving full systems testing and lithium chloride extraction. With a modular design, IBAT's mobile lithium extraction plant aims to produce 5,000 metric tons of lithium chloride annually.

International Battery Metals Ltd. (IBAT) has appointed BMO Capital Markets as a financial advisor to explore commercial opportunities for its mobile lithium extraction technology. The focus is on deploying a current commercial-scale plant and considering partnerships, joint ventures, and acquisitions of viable brine resources. An independent review found that IBAT's technology can recover over 65% lithium from brine while recycling more than 94% of water. The modular design aims to produce 5,000 metric tons of lithium chloride annually, offering faster and cheaper deployment than traditional methods.

International Battery Metals (IBAT) has achieved a significant milestone in lithium extraction with its innovative modular, mobile extraction plant. An independent review by SLR International confirmed that the plant extracts over 65% of lithium from brine, surpassing current technologies. The process is sustainable, recycling more than 94% of water, thus minimizing environmental impact. Located in Lake Charles, Louisiana, the plant has the potential to produce 5,738 tonnes of lithium chloride annually, expandable to 20,000 tonnes. This advancement positions IBAT as a leader in sustainable lithium production amidst increasing demand.

International Battery Metals Ltd. (CSE: IBAT, OTC: IBATF) announced its first-of-its-kind commercial-scale modular lithium extraction plant in Lake Charles, Louisiana, which has been operational since May 2022. The plant has successfully extracted lithium chloride (LiCl) and is undergoing validation from SLR International Corporation. This innovative technology aims to produce up to 20,000 metric tons of LiCl annually and promises lower costs and superior environmental performance in lithium recovery. The assessment by SLR is set to begin this summer.

International Battery Metals Ltd. (IBAT) has appointed Garry W. Flowers as President effective July 11, 2022. Flowers, who has been on IBAT's advisory board since April 2021, previously held senior roles at Fluor Corporation. His experience includes operations management and sustainable development. IBAT is recognized for its innovative modular lithium extraction plant in Lake Charles, Louisiana, which successfully began operations in May 2022, making it the first company to run a commercial-scale mobile lithium extraction facility.

International Battery Metals Ltd. (CSE: IBAT) (OTC: IBATF) has filed its audited financial statements for the year ended January 31, 2022, allowing for the expected revocation of a management cease trade order. This filing follows prior announcements on June 1 and June 10, 2022. The Company expressed gratitude to all who contributed to this process. The CEO, Dr. John Burba, emphasized the importance of this step for trading securities moving forward.

International Battery Metals Ltd. (CSE: IBAT, OTC: IBATF) successfully completed safety testing for the world's first commercial-scale mobile lithium extraction plant in Lake Charles, LA. This innovative plant will begin flow testing with lithium-bearing brine sourced from the U.S. With a modular design allowing for rapid deployment, it can produce 5,000 metric tons of lithium chloride (LiCl) annually, expandable to 20,000 metric tons. The company aims to revolutionize Direct Lithium Extraction (DLE) with lower costs and improved environmental performance.

International Battery Metals Ltd. (CSE: IBAT) (OTC: IBATF) announced the completion of its direct lithium extraction (DLE) plant in a tour hosted by Sorcia Minerals LLC on March 21, 2022. The plant utilizes innovative modular technology developed by Dr. John Burba, capable of extracting over 65% lithium while minimizing environmental impact. Dr. Alonso Arellano from the University of Santiago de Chile praised the plant's eco-friendly approach, aiming to safeguard local ecosystems. The partnership with USACH and Sorcia focuses on sustainable lithium mining, benefitting Chile's environmental conservation.

International Battery Metals Ltd. (CSE: IBAT) (OTC: IBATF) announced the successful assembly of its first commercial-scale Mobile Lithium Extraction Plant in Lake Charles, Louisiana. The plant, designed for rapid deployment, underwent a ten-day assembly by a nine-man crew and is now in factory acceptance testing. It can produce 5,000 metric tons of lithium-chloride (LiCl) annually, with potential expansion to 20,000 metric tons. CEO Dr. John Burba emphasized the environmental benefits of their proprietary technology, which minimizes chemical use and wastewater production.