International Battery Metals Ltd (IBAT) Quote

You are spot on with the fact that those 200 plus employees from that US Mag plant need to continue on their great work with IBAT..They achieve great success thruout with a very large amount of contaminated brine at the US Mag plant, with the results being that the tech was tested/ improved, and the absorbent fibers proved to be highly durable..and efficient in extracting high grade 98% pure lithium bi.. Now that IBAT is battle tested and proven at the commercial scale level.IBAT ..IMO will hook up not only in the smackover regions, but possibly in Canada,East Texas, ..and more..The proof is in the pudding said another wise man here .Great point Trader.Hire up those laid off US Mag workers.

Iris Jancik reposted this
International Battery Metals Ltd.
https://www.linkedin.com/posts/international-battery-metals_we-agree-with-jigar-shahthat-the-us-must-ugcPost-7285760822344065024-P0Te?utm_source=share&utm_medium=member_desktop
10h • 10 hours ago
We agree with Jigar Shah that the U.S. must build out its own lithium infrastructure and, to do so, unconventional technologies will carry the day. All eyes are on the Smackover Formation, where southwest Arkansas alone could hold as much as 19 million tons of lithium, according to USGS. We know the region well; 2022 testing there by Galvanic and IBAT showed up to 89% lithium recovery with our proprietary modular DLE system. Now, as the first commercial-scale DLE operator in North America with a mobile plant design, we are ready to roll and scale, including in the Smackover, to supply domestic lithium for EV batteries and grid storage.

Read more about our test here: https://lnkd.in/g3c4m9sP

Barnaby Egerton-Warburton
https://www.marketscreener.com/insider/BARNABY-EGERTON-WARBURTON-A0SSKF/
https://www.modenaventures.com/
https://lordresources.com/board-and-management/
Copilot
Barnaby Egerton-Warburton is a prominent figure in the investment and mining sectors. He currently holds several key positions:

Executive Chairman & CEO at Pantera Minerals Ltd.: Pantera Minerals is involved in various mineral exploration projects, including lithium brine extraction.

Non-Executive Chairman at Arizona Lithium Ltd.: Arizona Lithium focuses on lithium exploration and development in the United States.
https://www.arizonalithium.com/about/board-management/
Non-Executive Director at NSX Ltd.: NSX is an Australian stock exchange.

Director at ClearPay Pty Ltd.: ClearPay provides payment solutions.

Non-Executive Director at Diablo Resources Ltd.: Diablo Resources is involved in mineral exploration.

Barnaby has over 25 years of experience in investment banking and international investment, with positions at JP Morgan, BNP Equities, and Prudential Securities. He is also the founder of Modena Ventures Pty Ltd., which provides bespoke financing solutions for founders and companies

I looked at the transcript and at the 6:50 mark this was said, ringcon we were really at The Cutting.

So I asked copilot if Burba, ever worked there here is my coversation with copilot:


(Me) ringcon we were really at The Cutting
It sounds like you're referring to the work done by Rincon Lithium, which was at the cutting edge of Direct Lithium Extraction (DLE) technology. This technology is crucial for efficiently extracting lithium from brine sources, making the process faster and more cost-effective. Rincon Lithium was known for its innovative approaches in the lithium brine space, and their efforts have significantly contributed to advancements in the industry.

If you have more specific details or questions about Rincon Lithium or DLE technology, feel free to share!

(Me)Did John Burba ever work there and do you have a link for the management team and directors?
Yes, Dr. John Burba, often referred to as "The Godfather of Lithium," has been involved in various lithium extraction projects, including Rincon Lithium. He is known for his pioneering work in Direct Lithium Extraction (DLE) technology

For information about the management team and directors of Rincon Lithium, you can visit their official website. If you have any more questions or need further details, feel free to ask!

Cannot trust copilot😔
(Me)What year did John Burba work for Rincon Lithium?
Dr. John Burba has been involved in various lithium extraction projects throughout his career, but there is no specific information indicating that he worked directly for Rincon Lithium. He is known for his pioneering work in Direct Lithium Extraction (DLE) technology and has contributed to several lithium brine projects in North and South America.

Rincon Lithium Project
https://www.riotinto.com/operations/projects/rincon
SALAR DEL RINCÓN, SALTA PROVINCE, ARGENTINA
The Rincon Lithium Project – a large, low-cost lithium-brine asset located in the heart of the ‘lithium triangle’ in Argentina – will be a valuable source of rapidly produced, high-quality lithium for the global energy transition.

In December 2024, we announced our investment of US$2.5 billion to expand Rincon, representing our first commercial scale lithium operation. Rincon's capacity of 60,000 tonnes of battery grade lithium carbonate per year is comprised of the 3,000-tonne starter plant and 57,000-tonne expansion plant.

The project consists of brine extraction using a production wellfield, processing and waste facilities, as well as associated infrastructure. We’re using direct lithium extraction (DLE) technology, a process that supports water conservation, reduces waste and produces lithium carbonate more consistently than other methods.

This investment follows our achievement of producing first lithium at the Rincon 3000 starter plant in November 2024, only 32 months after completing acquisition of the greenfield project

.........Pay strict attention to PANTERA MATERIALS WEBINAR starting at the 6:30 mark of the presentation regarding the state of DLE technology and the expectation of near term production developments........

Koch got their butts handed to them with all their green investments.
https://www.barrons.com/articles/koch-green-energy-lithium-batteries-ev-esg-17dfe219
IBATF is cheaper to market, I would think IBATF will start to get more eyes on them.

One of them big dogs are going to bite eventually. Some CEO is going to smarten up and realise there are 236 lithium people recently laid off that worked on the US Mag project and if you were looking at IBATF it would be a wise time to get the Unit and the people that just worked on the project.

But, I'm just a "Dumba$$"

100% Owned PANTERA LITHIUM BRINE PROJECT
Ive never heard of this one unless they changed their name.
https://panterali.com/pantera-lithium-brine/
LITHIUM BRINE PROJECT
In December 2023, Pantera entered a Binding Implementation Agreement to acquire 100% of the Superbird Project Lithium Brine Project (renamed the Pantera Li Brine project) in the ‘Smackover Formation’ in Southwest Arkansas.

Directly abuts Exxon Mobil’s (NYSE: XOM) Lithium Brine Project.

Other major lithium brine players in the region include Standard Lithium (NYSE: SLI), Equinor (NYSE: EQNR) & Albemarle Corporation (NYSE: ALB) holding projects adjacent to Pantera.

Supported by 100 years of oil and gas production, expertise, and infrastructure in Arkansas.

Targeting Direct Lithium Extraction (DLE) Brine Project with Arkansas Smackover Brine containing elevated lithium concentrations (150-600+mg/L).

Close proximity to end users including major Gigafactories.

Here is the ASX link below.
https://www.asx.com.au/markets/company/pfe
32 views Nov 12, 2024
Drilling Commences: First well on Pantera's Smackover Lithium Brine Project initiated.

Pantera Minterals (ASX:PFE) - Investor Webinar - 30 September 2024

...........Significant Post !...........

January 15, 2025 Looks like the royalties must have been worked out.
I keep searching for the latest updates. Google seems to be better then AI.
https://www.magnoliareporter.com/news_and_business/lafayette_county/article_ae589fc0-d379-11ef-b3a9-731898e565ac.html
SWA Lithium, the joint venture between Standard Lithium Ltd. and Equinor ASA, said Wednesday, January 15, 2025 that it has successfully commenced drilling a new well into the Smackover Formation at its South West Arkansas Project.

The well is currently at a depth of approximately 8,000 feet below surface and has a targeted total depth of 9,600 feet. The well location is in Lafayette County, south of Lewisville.

SWA Lithium is also undertaking an extensive field program to re-enter the wells drilled in 2023 to conduct detailed reservoir testing and brine sampling work.

All data gathered from this new well will be used to inform the forthcoming front end engineering design (“FEED”) and Definitive Feasibility Studies (“DFS”).

The SWA team is also conducting an extensive field program at four wells in the proposed first area of operation, The work consists of well re-entry, hydraulic testing to determine reservoir characteristics, and brine sampling and testing. In addition, large volumes of brine have been collected from the International Paper Company (IPC-1) to allow the field-based pilot testing to be operated.

The company said in a statement that work has demonstrated that reservoir properties are better than previously gathered in the preliminary feasibility study, and also, where lithium brine samples have been sent off for third-party analysis, the lithium concentrations are higher than previously published. Key data will be made public when available, and all relevant data will be provided in the DFS later in 2025.

Texas is where my guess would be.
Silver Creek Resources
https://www.silvercreekresources.co/
https://ca.finance.yahoo.com/news/international-battery-metals-ltd-announces-220000330.html
Jacob Warnock is the Founder & CEO of Silver Creek Resources, LLC, a company specializing in mineral and royalty acquisitions of high-growth oil and gas rights within top-tier U.S. basins. As CEO, he has overseen company operations and acquisitions in the Eagle Ford and Haynesville Shale since 2020. A serial entrepreneur, Warnock currently manages 18 companies and has over 20 years of experience establishing and overseeing numerous upstream oil and gas enterprises, along with multiple joint ventures across several US basins. Mr. Warnock's expertise extends to leasing, curative, permitting, surface operations, facility construction, pipelines, negotiations and strategic exits.

State Oil and Gas Commission unanimously denies royalty rate application for lithium extraction
by Phillip Powell
November 5, 2024
https://arktimes.com/arkansas-blog/2024/11/05/ark-oil-and-gas-commission-unanimously-denies-royalty-rate-application-for-lithium-extraction
The Arkansas Oil and Gas Commission denied the royalty rate application from five companies seeking to extract lithium-rich brine in south Arkansas, a move that will require the companies to come up with another rate proposal and that will cause more delays for the commercial extraction of the mineral.

The five companies – Standard Lithium, Exxon Mobil, Albemarle, Tetra Technologies, and Lanxess Corporation – proposed a rate of 1.82%, which landowners in south Arkansas have argued is too low. During a much anticipated nearly two-day Oil and Gas Commission hearing that began Monday in El Dorado, the companies presented hours of expert witness testimony to make their case for the proposed payout.

The Oil and Gas commissioners voted 9-0 Tuesday afternoon to deny the application. The rate would have been a minimum rate set for over 500,000 acres of land the lithium companies have leased. The royalty rate would be multiplied by the amount of lithium carbonate produced and the price of the lithium to determine an annual royalty payout to the mineral rights owners.

Commercial extraction cannot begin until a royalty rate is set. The companies submitted the application for the 1.82% proposal in July.

As far as we know, Iris Jancik is doing agreat job..She will get rich with all those shares..Really rich like the other execs..Burba must be licking his chops at the possibilties here..IMO..News is going to come sooner, 90 days or less IMO..Something good is going to happen.Gut feeling..Any thoughts ?..Revenue is inevitable..

PR Newswire Jan 14, 2025
International Battery Metals Ltd. Provides General Corporate Update
https://money.tmx.com/quote/IBAT/news/5316011258320731/International_Battery_Metals_Ltd_Provides_General_Corporate_Update
On November 26, 2024 , the Board approved the grant of an aggregate of 2,705,630 restricted share units of the Company (" RSUs ") to the directors of the Company in accordance with the Company's restricted share unit plan (the " RSU Plan "). Each director received a grant of 541,126 RSUs. The RSUs will fully vest one year from the date of grant and once vested, each RSU will settle into one common share of the Company. All such RSUs are subject to the terms of the RSU Plan, applicable securities law hold periods and the policies of the TSX Venture Exchange (the " TSXV ").

In connection with commencing her role as Chief Executive Officer of the Company on August 20, 2024 , Iris Jancik was granted 2,113,814 options of the Company (" Options ") in accordance with the Company's option plan (the " Option Plan "). Each Option is exercisable into one common share of the Company for a period of ten years from the date of grant at an exercise price of C$0.94 per share. The Options vest as follows: 600,000 on the date of grant, 252,302 on the last day of each of the first four periods of six months immediately following the date of grant and 252,303 on the last day of each of the first two periods of six months immediately following the second anniversary of the date of grant. All such Options are subject to the terms of the Option Plan, applicable securities law hold periods and the policies of the TSXV. Ms. Jancik was also granted 4,227,630 RSUs in accordance with the RSU Plan. The RSUs vest 300,000 on the date of grant with the remainder vesting in tranches on the completion of certain milestones as agreed to by Ms. Jancik and the Board. All such RSUs are subject to the terms of the RSU Plan, applicable securities law hold periods and the policies of the TSXV.

About International Battery Metals Ltd.
IBAT is an advanced technology company focused on the development of environmentally responsible methods of extracting lithium compounds from brine. IBAT has developed a patented modular direct lithium extraction plant (" MDLE Plant ") which allows for rapid deployment to a resource holder's production site. IBAT is working with resource holders of oilfield brines, brine aquifers, and industrial customers with brine by-products. IBAT believes the modular design of its MDLE Plant provides significant initial costs savings to customers and the proprietary direct lithium extraction technology lowers operating costs by selectively extracting lithium from the brine while efficiently removing contaminants.

.......Thought from the start that IBAT's intention was to push the envelope and prove the mettle of its technology and equipment........and they have appear to have done just that.........Let's now see if the pudding comes along with proof !........

This guy rides electric scooter and cannot stand full EVs😉

USMAG was a blessing in disguise. Working out the filtration kinks...It worked well beyond expectations. If anyone? IBAT should get a shit load of money from the Department of Energy.

IBAT’s MDLE plant went through ~8,400 total cycles of operation. Analytical laboratory testing has
confirmed that the sorbent saw no measurable loss in capacity between the start and end of
operations despite being exposed to heavy contamination.

[/img]

Lepidolite? Ha, ha, ha...just ask Liontown.

Not Really. Spodumene and Lepidolite are pretty expensive to extract and low quality...unless heavily subsidised. Lithium is everywhere, but, but cost of extraction, grade is everything. Take 20 million tons out of the equation. Brine DLE is the future.

Significant lithium price implications?

https://carboncredits.com/chinas-massive-lithium-discovery-elevates-it-to-second-in-global-reserves/

futr

Page 2 Signed July 26, 2024

https://cases.stretto.com/public/X063/10210/PLEADINGS/1021007262480000000235.pdf
7. Stalking Horse. The Trustee has demonstrated a sound business justification for
the Court to approve (i) Meteor Energy, LLC or its designee as the Stalking Horse Bidder for the
Remnant Assets, and (ii) the payment of the break-up fee to Meteor Energy, LLC on the terms set
forth in the Asset Purchase Agreement and the Motion.
8. Break-up Fee. The break-up fee is fair and reasonable and was negotiated by the
parties at arm’s length and in good faith and is reasonable and appropriate in light of the size and
nature of the proposed Sale and the efforts that have been and will be expended even though the
proposed Sale is subject to higher and better offers.
9. Notice of Auction and Sale Hearing. The Notice of Auction and Sale Hearing, is

Daniel Layton
Group Chairman @ Ensorcia Group | LithiumGroup Chairman @ Ensorcia Group | Lithium
3w • Edited • 3 weeks ago
https://www.linkedin.com/posts/daniel-layton-31740645_the-beauty-of-salta-impressive-how-argentina-activity-7274477156561293312-z04S?utm_source=share&utm_medium=member_desktop
The Beauty of Salta. Impressive how Argentina has been so progressive in the development of its lithium industry. I look forward to a long relationship.

Steven Howard
President / Sole Owner - Meteor Energy, LLC
Meteor Energy, LLC

The University of Texas at Austin
Dallas, Texas, United State

https://edisonlithium.com/edison-lithium-arranges-sale-of-majority-stake-in-argentinian-lithium-properties-for-us5-million/
December 19, 2023
Edison Lithium Arranges Sale of Majority Stake in Argentinian Lithium Properties for US$5 Million
Vancouver, British Columbia–(Newsfile Corp. – December 19, 2023) – Edison Lithium Corp. (TSXV: EDDY) (OTCQB: EDDYF) (FSE: VV0) (“Edison” or the “Company“) is pleased to announce that it has entered into a letter of intent dated December 18, 2023 (the “LOI“) with Meteor Energy, LLC (“Meteor“), an energy corporation based in Dallas, Texas, for the sale of 100% of the Company’s interest in its Argentina subsidiary, Resource Ventures S.A. (“ReVe“), in consideration for USD$5,000,000. Prior to the sale, ReVe will have first rolled out and retained the Pipanaco claims and one of the LEXI claims to be retained in a new subsidiary, as further described below. Pursuant to the LOI, the parties agreed to use commercially reasonable efforts to enter into a definitive agreement within 60 days to give effect to this transaction on terms and conditions acceptable to both parties.

Edison Lithium Announces Termination of LOI for Sale of Majority Stake in Argentinian Lithium Properties
Vancouver, British Columbia, June 10, 2024
https://edisonlithium.com/edison-lithium-announces-termination-of-loi-for-sale-of-majority-stake-in-argentinian-lithium-properties/
(“Edison” or the “Company”) announces the termination of its previously announced letter of intent with Meteor Energy, LLC, for the sale of 100% of the Company’s interest in its Argentina subsidiary, Resource Ventures S.A. (“ReVe”). ReVe controls the rights to prospective lithium brine claims in the province of Catamarca, Argentina. The Company is now in discussions with several other parties interested in acquiring the Company’s Argentinian lithium properties, but has not reached any further sale agreements as at the date of this news release.

The Company also announces that due to challenging market and financing conditions it is postponing the completion of its previously announced spin-out by way of plan of arrangement involving the Company’s wholly-owned subsidiary, Edison Cobalt Corp. (the “Spin-Out”) until further notice. The Spin-Out received court and shareholder approval earlier this year and remains subject to final acceptance by the TSX Venture Exchange.

Pluspetrol Acquires ExxonMobil Exploration Argentina (EMEA)
17 December, 2024
https://www.pluspetrol.net/en/articulo/pluspetrol-acquires-exxon-mobil-exploration-argentina-emea-1
Pluspetrol continues to grow and establish itself as an energy leader in the region.

We are pleased to announce the acquisition of ExxonMobil Exploration Argentina (EMEA), incorporating important assets in Vaca Muerta: Bajo del Choique-La Invernada, Los Toldos I Sur, Los Toldos II Oeste, and Pampa de las Yeguas, as well as a share in the Oldelval pipeline.

Bajo del Choique-La Invernada is a world-class asset, located in one of the most productive areas, with BdC 10(h) among the best shale wells in the world.

This acquisition marks a transformational milestone for Pluspetrol, allowing us to multiply our production and reserves, and consolidating us as the leading private hydrocarbon company in Latin America.

We reaffirm our commitment to sustainable energy development, ensuring the well-being of current and future generations.

Hey copilot: Lithea Inc. website and shareholders???
Lithea Inc. is a subsidiary of Ensorcia Group, focusing on sustainable lithium extraction projects in Chile and Argentina. Unfortunately, I couldn't find a specific website for Lithea Inc. However, you can learn more about their parent company, Ensorcia Group, here.
https://ensorciagroup.com/about-us/

Regarding shareholders, Lithea Inc. is privately owned, and detailed information about its shareholders is not publicly available. However, it's worth noting that Ganfeng Lithium, China's largest lithium compounds producer, announced its acquisition of Lithea Inc. for up to $962 million.

This article says something different than copilot.
China's Ganfeng Lithium to buy Lithea Inc for $962 million
By Reuters
July 11, 2022
https://www.reuters.com/markets/deals/chinas-ganfeng-lithium-buy-lithea-inc-962-mln-2022-07-11/#:~:text=BEIJING%2C%20July%2011%20(Reuters),production%20of%20key%20battery%20metals.
Rio Tinto said in December it would buy the Rincon lithium project in Argentina's Salta province for $825 million as the global miner builds its battery materials business. read more
United States-based Lithium Americas Corp (LAC.TO), opens new tab also has a lithium project in the same area.
Lithea is owned by LSC Lithium B.V., which is in turn owned by Pluspetrol Resource Corp, an oil and gas mining firm.

Hey copilot: Lithea is owned by LSC Lithium B.V., which is in turn owned by Pluspetrol Resource Corp???
You're right! Lithea Inc. is indeed owned by LSC Lithium B.V., which is a subsidiary of Pluspetrol Resource Corp2. Pluspetrol is an international energy company with operations in Argentina, Bolivia, Colombia, Peru, Venezuela, and Angola.

PDF on the deal here. I did not find a Ensorcia connection Copilot running me in circles???
https://www1.hkexnews.hk/listedco/listconews/sehk/2022/0711/2022071100892.pdf

Hey copilot:Lithea Inc. and Daniel Layton connection??
Daniel Layton is the Chairman and CEO of Ensorcia Group, which he founded in 2016. Ensorcia Group focuses on developing a sustainable battery metals supply chain, particularly in lithium extraction. They have been involved in acquiring lithium resources in South America and investing in cutting-edge extraction technologies2.

Lithea Inc. is a subsidiary of Ensorcia Group, and they are working on sustainable lithium extraction projects in Chile and Argentina. Daniel Layton has been a vocal advocate for sustainable lithium extraction and has participated in various panels and events, such as the World Economic Forum, to discuss the importance of responsible mining and energy transition.

If you have any more questions or need further details, feel free to ask!

I'm not sure how Copilot knows, take info with a grain of salt.
https://ensorciagroup.com/about-us/

Ganfeng lithium in 5 Salares in Argentina and now in Mali.
https://www.linkedin.com/posts/oscarvargasvillazon_ganfeng-lithium-en-5-salares-en-argentina-ugcPost-7281847783765028864--9cc?utm_source=share&utm_medium=member_desktop
As the Goulamina project was put into production, how did this lithium mine, considered one of the largest in the world, benefit the local community?
How was the economy, the environment and the community balanced?
Argentina has a large number of salt flats, is currently one of the largest producers of lithium and is one of the most important mining bases for Ganfeng.

Ganfeng lithium has invested until January 2025 in (5) projects in Argentina's salt flats:
-Mariana Project, managed by local subsidiary Litio Minera Argentina S.A.
-Pozuelos-Pastos Grandes, located in Salta and run by local subsidiary Lithea Inc.
-Cauchari-Olaroz project, controlled by trading partner Exar
-Incahuasi Project, in charge of the local subsidiary Ganfeng Litio Argentina S.A.
-Sal de la Puna project, under the control of strategic partner Arena Minerals.

Independently verified.
https://www.ibatterymetals.com/news-category/ibat-and-us-magnesium-sign-agreement-to-install-worlds-first-modular-direct-lithium-extraction-dle-plant
IBAT's technology has been validated by an independent review by SLR International Corporation, a global leader in environmental and engineering services, and Greg Mehos & Associates LLC, an independent testing agency. The technology has been proven effective with diverse brine resources, including lithium-containing oilfield produced brines, where it holds great promise based on a large-volume test with Galvanic Energy in the Smackover Formation in Arkansas. The technology also has been proven effective with subterranean brine resources in Alberta, Saskatchewan, Michigan, Ohio, Oklahoma, California, Texas, Salars in Chile and Argentina, and geothermal brine in Germany.

Commercial operations will serve growing lithium demand from automakers for electric-vehicle batteries, as well as energy storage batteries to support growing electricity demand and to balance the grid from increased renewable energy integration.

Delago Resources, LLC,
Delago Resources, LLC is a Texas-based upstream oil and gas company. They focus on the acquisition and development of oil and gas reserves across multiple basins in the U.S. Delago has partnered with top-tier operators like Parsley Energy, Devon Energy, Continental Resources, and ConocoPhillips
https://www.hartenergy.com/companies/delago-resources-llc
They have a core focus on the Eagle Ford Shale in South Texas.

Jacob Warnock, the former Managing Partner of Delago Resources, LLC, played a significant role in the company's success. He was instrumental in the sale of Delago's assets to Marathon Oil for $185 million in 2019.

ConocoPhillips and lithium brines?
ConocoPhillips is involved in the extraction of lithium from brines, which is a more sustainable and environmentally friendly method compared to traditional hard rock mining. Lithium brine extraction involves tapping into natural underground reservoirs of lithium-rich fluids, such as those found beneath salt flats, geothermal reservoirs, and oilfield wastewater. This method reduces the environmental footprint and avoids the use of hazardous evaporation ponds2.

The demand for lithium is skyrocketing due to the rise of electric vehicles and renewable energy storage. Companies like ConocoPhillips are investing in new technologies to extract lithium more efficiently and sustainably2.

Potential lithium boom simmers in East Texas
Companies are moving fast to try to secure extraction rights.
https://www.texasstandard.org/stories/potential-lithium-boom-simmers-in-east-texas/
https://www.ibatterymetals.com/board-of-directors-and-executive-officers
Jacob Warnock is the Founder & CEO of Silver Creek Resources, LLC, a company specializing in mineral and royalty acquisitions of high-growth oil and gas rights within top-tier U.S. basins. As CEO, he has overseen company operations and acquisitions in the Eagle Ford and Haynesville Shale since 2020. A serial entrepreneur, Warnock currently manages 18 companies and has over 20 years of experience establishing and overseeing numerous upstream oil and gas enterprises, along with multiple joint ventures across several US basins. Mr. Warnock’s expertise extends to leasing, curative, permitting, surface operations, facility construction, pipelines, negotiations and strategic exits.

Warnock formerly served as the Managing Partner of Delago Resources, LLC, a Texas-based upstream oil and gas company primarily focused on the acquisition and development of oil and gas reserves, until 2019 when he was instrumental in the sale of the asset to Marathon Oil for $185 million.

AINSWORTH-PARKER 1 BUCKSHOT (4950) SILVER CREEK PERMIAN OP CO, LLC 056693
AINSWORTH-PARKER 2 BUCKSHOT (4950) SILVER CREEK PERMIAN OP CO, LLC 056694

CHAPMAN, M. S. 1 BUCKSHOT (4950) SILVER CREEK PERMIAN OP CO, LLC 056747
CHAPMAN, MARY SHERRILL ETAL 2 BUCKSHOT (4950) SILVER CREEK PERMIAN OP CO, LLC 056236

https://www.rrc.texas.gov/media/cnkprogx/gsm019_8a_20230427_rrc020_jun2023.pdf


BILLY THE KID COCHRAN (SAN ANDRES) SILVER CREEK PERMIAN OP CO, LLC 71235

BLACK HAWK COCHRAN (SAN ANDRES) SILVER CREEK PERMIAN OP CO, LLC 70891

BUTCH CASSIDY COCHRAN (SAN ANDRES) SILVER CREEK PERMIAN OP CO, LLC 70961

COLT COCHRAN (SAN ANDRES) SILVER CREEK PERMIAN OP CO, LLC 71261

CURLY BILL COCHRAN (SAN ANDRES) SILVER CREEK PERMIAN OP CO, LLC 70960

GEORGE CUSTER SWD LEVELLAND SILVER CREEK PERMIAN OP CO, LLC 70874
https://www.rrc.texas.gov/media/sqhhwqju/olm003_8a_20230629_rrc021_aug2023.pdf

https://internationalbatterymetals2023tf.q4web.com/news/news-details/2024/IBAT-Investor-Update-December-30-2024--Year-in-Review-and-2025-Outlook/default.aspx

Tesla Corpus Christi Lithium Plant Progress! 9 Jan 2025 Site & Operations Update (12:15 PM)

Something is in the works..brewing now..IMO..Not a share traded since the wee hours of morning..The calm before the storm..I can hear the drums beating for IBAT.

More than likely, just wanted to post it.. It was several months ago I posted from that guy Schneider who is extremely knowledgeable writer about lithium and he had to redact some stuff that he misinformed in a article about IBAT that I posted.
Can't believe everything you read on the internet...but it would be nice if it was true.
EXXON already has two MOU to supply two companies with 100,00 MT of lithium carbonate to each company a year, 200,000 MT a year will take EXXON a lot more than several IBAT MDLE.

US Magnesium will idle operations after laying off 186 workers
KUER 90.1 | By Elle Crossley
Published November 22, 2024
https://www.kuer.org/business-economy/2024-11-22/us-magnesium-will-idle-operations-after-laying-off-186-workers
“Lithium they've produced, as far as the time frame that they've been producing, you're talking in the tune of less than 2,000 tons total ever that's been produced off of the lake,” Stireman said. “Whereas magnesium, when you take into account their magnesium chloride product, you're talking like tens of thousands of tons each year.”

Lithium production is fairly new for US Magnesium, commercial production of the mineral began in 2020.

“In perspective, the 1,500-1,700 tons [of lithium] that they produced over the last few years, most commercial plants are producing like 10,000 tons,” Stireman said. “So in my perspective, they're still working on that technology.”
US Magnesium said in its letter to the state that plant operations would resume with a recovery in lithium carbonate pricing. For this reason, it hopes the layoffs are temporary, but cannot guarantee it.

New Horizons

We are excited about the potential for more transformative opportunities in our future as the lithium landscape expands. A landmark USGS study estimates Smackover lithium reserves in southwestern Arkansas alone hold 5-19 million tons, signaling a future where the U.S. could reduce its reliance on imports and even become an exporter. As oil and gas majors pursue DLE opportunities, IBAT is well-positioned to capitalize on this growth through our patented, scalable technology.

What’s Next

We are actively conducting due diligence with several potential partners as we pursue a new home for our MDLE plant and new plant construction projects. More to come… .

Thank you for your continued interest in IBAT and for being part of this journey.

Sincerely,
Iris Jancik
CEO
https://internationalbatterymetals2023tf.q4web.com/news/news-details/2024/IBAT-Investor-Update-December-30-2024--Year-in-Review-and-2025-Outlook/default.aspx

I think it is a missprint or just plain inacurate. If they ibatf had that type of production they would still be there. Just my opinion.

Page 2 or 3
IBAT deployed and operated their proprietary Modular Direct Lithium Extraction Plant (MDLE Plant)
at their customer’s facility located near Salt Lake City Utah. This deployment represents the first
commercial DLE operation in North America and the only modular DLE plant in the world. Operations
commenced June 20th
, 2024, and ran for 83 days ending on September 11th
, 2024.
• IBAT’s MDLE Plant extracted enough lithium to produce >25 tons of battery grade lithium
carbonate (+99.9% purity) and an additional similar quantity for testing and analysis.
• IBAT & Customer’s operational plan initially targeted 8-12 hours of production per day
o Average production of lithium chloride eluent of 8,000-9,000 (11,000 peak) gpd
IBAT’s MDLE plant started mobilization in the first week of February 2024 in Lake Charles, Louisiana
and took less than 4 weeks to deliver all 36 shipments to Customer’s facility outside of Salt Lake City,
Utah. The next 8 weeks were used to modify ~35% of the facility to accommodate the Customer’s
unique feed stock. The MDLE plant was then commissioned and ready to commence operations in
mid-June 2024.
Feedstock to the MDLE Plant was the sole responsibility of the Customer. Using their proprietary
batch process they recycled their 40+ years of accumulated stockpile ore to create a lithium rich
feedstock with Li concentrations between ~3000 to 5300 mg/L (ppm) (Average ~4000 ppm).
Feedstock composition varied with each batch of ore processed. The IBAT MDLE plant was able to
process this brine despite seeing lithium concentrations swinging by an average of 16% per sample
(1-5 samples/day).
IBAT’s MDLE plant went through ~8,400 total cycles of operation. Analytical laboratory testing has
confirmed that the sorbent saw no measurable loss in capacity between the start and end of
operations despite being exposed to heavy contamination.


https://www.ibatterymetals.com/hubfs/IBAT-DLE-Case-Study-Dec-9-2024.pdf

Wow, if Im reading what you said along with that article link stated, IBAT produced 5,000 tonnes of battery grade lithium in just 4 weeks after assembling that plant in 10 days at the US Mag site....that would mean it could produce 60,000 tons of battery grade lithium in 12 months! Thats a game changer.. Also, In that article from the link in your post, International Battery Metals is listed as one of the first 6 top DLEs..The companys that we are listed along side of is a statement in itself..Some good news would make for a run of some sorts..Could be an epic run if major contract(s) are made...Even a rumor would march IBAT into the dollars in pps..in a hearbeat.IMO..

For instance, in July 2024, with the aim of growth in production of lithium for electric vehicle batteries to an annual rate of almost 5,000 tonnes within four weeks, the International Battery Metals (IBAT), the Houston-based lithium processing company, introduced its own novel various of a lithium filtration technology that it claims could result in affordable and faster supplies of the metal by using the direct lithium extraction (DLE) technology at a Utah site controlled by magnesium production firm US Magnesium. The company's DLE method also recycles over 98% of water used, which is significant as conventional lithium extraction is water intensive.

That rate of 5000 tons in almost four weeks would be 60,000 tons a year. First time I have seen these numbers.....
https://www.precedenceresearch.com/direct-lithium-extraction-market

https://www.linkedin.com/posts/international-battery-metals_ibat-investor-updatedecember-30-2024-activity-7280664308861050880-pLqH?utm_source=share&utm_medium=member_desktop

Good morning Gregcod, Encompass Capital Advisors LLC not Ensorcia

I've been looking for updates on the Georgia plant all I find is their Giga Arctic plant in Northern Norway. Temps dropped up here in the northland. Maybe find info this weekend I signed up for email alerts

Great video with much info..Chinas role and Georgia being a perfect place for Fryer giga battery plant..They have been financed by Ensorcia, as well as Ensorcia is IBATs 2nd largest shareholder & financer ..The connection is there..and the dots are beginning to connect.US must take over China in controling too much the lithium battery market as they have been..and I see the swing to the US production of precious metals..Lithium in particular as we move towards lower carbon emissions for the future generations to come..Trump should bolster the US mining industry...Taxing Chinese
imports will help lithium prices imo...but future of IBAT certainly looks good..More DLE plants likely to be built with DLE tech leasing contracts for IBAT for sure...these are just an opinion ..I am not an expert what so ever..A optimist yes I am..Go IBAT!

Forgive me if I sound a little bias here, but it sounds that in less than a year after Exxon Mobil bought the Galvanic Energys 120,000 acres of Smackover brine fields from CEO Brent Wilson, that they are using DLE..IBATs DLE Tech to produce high grade battery lithium already to market..Seems like they are using IBATs DLE tech to me?? if I may seem to bold to say..Every is so quiet about the perfect match of the smackover brine with Burbas pattented MDLE that only requires 1.3 hectars of land with the absorbent being discussed as well in that video of Exxon...Logical or not ? after IBATS tech was so highly confirmed by independent expert analysis by SLR on IBATS testing of many brines at that St.Charles first DLE plant..I might be wrong but IBAT might have leased that tech to Exxon Mobil..but we will be the last to know..but something has got to give in a pr sooner than later..exciting news in the near future IMO.

Watch it all if you want to.

20-minute mark "where are you going to get the feed stock"??

Short term China and long term Texas

Making Battery-Grade Lithium | ExxonMobil
Dec 16, 2024

Thanks, not a problem.
First responders are working hard trying to find the other four known accomplices, hopefully that's all of them and they don't try to strike again.

Sorry le-bon ton-roule I just found out about this🙏
On a sad note, hopefully this nonsense attack on my home town of
New Orleans goes no further.
https://x.com/TheKevinDalton/status/1874573386170745128

I cannot wait.
Turn up the volume.
https://x.com/KarluskaP/status/1846367917438296483

Your a wise man connecting the dots surrounding Encompass. Definitely seems the Arkansa and / or east Texas are going to be major players, the P.R. coming should be EPIC for a great IBAT run.

Have a Happy New Year ! May it be filled with new adventures and good fortunes…

On a sad note, hopefully this nonsense attack on my home town of
New Orleans goes no further. Trump will be the commander again, it can't come soon enough to protect our country and not jeopardize our safety at the borders as the current administration has so neglected.

........On point as usual...........Insightful !........

True, I have been tracking and trading a few.

Freyr Battery, would be my first guess. Just because of the connection with Encompass Capital Advisors LLC (“Encompass”) which came to IBATF the same time as Jacob did.

The top share holder of Freyr is
Encompass Capital Advisors, LLC 13.46M Sep 30, 2024
https://finance.yahoo.com/quote/FREY/holders/

FREYR Battery Closes Transformative Acquisition of Trina Solar’s U.S. Manufacturing Assets
12/24/2024
https://ir.freyrbattery.com/ir-news/press-releases/news-details/2024/FREYR-Battery-Closes-Transformative-Acquisition-of-Trina-Solars-U.S.-Manufacturing-Assets/default.aspx
FREYR received $50 million from Encompass Capital Advisors LLC (“Encompass”) in exchange for the issuance of preferred stock in connection with this closing, and FREYR may receive an additional $50 million from Encompass upon the Company proceeding to start of construction on a solar cell manufacturing facility.

Major shareholders: International Battery Metals Ltd.
https://www.marketscreener.com/quote/stock/INTERNATIONAL-BATTERY-MET-37581230/company-shareholders/
Name Equities %
Jacob Warnock
39,392,537 16.24 %
Encompass Capital Advisors LLC
32,131,822 13.24 %
Ensorcia Metals Corp.
27,109,445 11.17 %
Evl Holdings LLC
25,533,175 10.52 %

Tesla's refinery does spodumene which is coming fom Sayona in Canada. Rumor is they could do brines later others say it will be lithium clays. We will get those answers this year.

Once Freyr Battery plant in Georgia is finished then the brines can flow.