International Battery Metals Ltd (IBAT) News

Thanks tom16 for the vote of confidence! We know what we own, and if it went up to $6 plus dollars in March of 2022 on just a patent announcement, then we should get that pps relatively sooner or later.. ..IMO..For entertainment purposes only.. This baby is born to run!..Have a great day..

Keep them coming G.C. I'm just happy to have something to read about IBAT in the morning. To make the other readers happy...maybe you should include a disclaimer at the end...
something like, "For entertainment purposes only, until Burba proves me right". Good Luck to All!

Sorry for you that you feel that im cheerleading ..but I have an opinion that we IBAT investors have something much to cheer about..and if that bothers you than so be it..The post that I read that Trader posted said that Quayle/Worley were working with a UTAH based Lithium producer, and as far as we know..theres only one lithium producer in UTAH, and that is US Mag.Fact. So as another poster (post 7109) said it appears that it is IBAT that it is working with..Appears. ..but the ducks are lining up nicely..Go do some DD yourself, and let us know that your wrong... Time will tell..I know what I read in the five pages of Quayle/Worley..so go back and check for yourself.. Utah US Mag has been producing lithium products for 2 decades..so it figures..And IBAT is with US Mag..Brilliant deduction ..PS.Im so happy you like my cliches...Go IBAT!

Quayle/Worley has nothing to do with US Mag. There is no evidence that IBAT is involved. Maybe you could do some DD instead of constantly cheerleading with the same old tired cliches/

If Quayle/Worley US Mag plant...More plants will be built..Not overnight..but a 2nd MDLE is no doubtably being built as we speak now...funding is no problem..This Baby will gain market share ..and will grow to be the Gem that it is...Great time to buy..IMO .Adding..PS.Great video Trader.Thanks...Worley/Quayle are going to complement the tech w Iris Jancik connections to take affect globally..WowZa..Go IBAT..& Get out of the OTC..IBAT does not belong there..IMO.Big Bad John and IBAT are the front runner as of now..Buyers are lining up now if the results of the expanded UTAH plant is successful in the production /delivery phase..30-60-90 days from now we go to $5 bucks a share..My chrystal ball says so..Exciting times ahead..

I asked Perplexity https://www.perplexity.ai/ who was the furthest along in DLE production in the US. Here's the response:

Based on the search results, the company that appears to be furthest along in Direct Lithium Extraction (DLE) production in the USA is International Battery Metals (IBAT). Here's why:
IBAT has recently initiated operations at its commercial proprietary modular DLE plant in Utah. This facility is significant for several reasons:
It's described as the first commercial DLE operation in North America.
The plant is already operational and producing lithium, extracting it from a magnesium chloride/lithium chloride brine.
IBAT is currently supplying lithium chloride to US Magnesium from this facility.
The company's DLE technology offers several advantages:
A reduced timeline of about 18 months from construction to production, compared to the typical 5-7 years for traditional methods.
Potentially lower capital and operational expenditures compared to industry standards.
A small footprint, occupying only about one acre.
IBAT is now focusing on enhancing production by adding more columns to their existing DLE modular platform to increase capacity.
While other companies like Lilac Solutions and EnergySource Minerals are also making progress with DLE technology in the USA, they appear to be at earlier stages. For instance, Lilac Solutions is constructing a demonstration plant in Utah expected to begin operating in mid-2024, with plans to scale up to 5,000 metric tons in the next three years. However, IBAT's plant is already operational and producing lithium, putting them ahead in terms of actual production.

A1 Lithium Inc. Awards Worley Limited for Paradox Lithium Bromine Project
November 23, 2021
https://www.marketscreener.com/quote/stock/WORLEY-LIMITED-6495133/news/A1-Lithium-Inc-Awards-Worley-Limited-for-Paradox-Lithium-Bromine-Project-37124286/
A1 Lithium Inc., a subsidiary of Anson Resources Limited (Anson Resources), has awarded Worley Limited an agreement to conduct a detailed feasibility study on their Paradox Lithium Bromine project in Moab, Utah, USA. Under the agreement, Worley will provide engineering services to execute a detailed feasibility study for a greenfield lithium development. The outcome of the project will be a final total-installed cost estimate that will enable Anson Resources to move forward into the detailed design and construction phases of the project. The development will produce lithium carbonate equivalent for the electric vehicle and battery market and is targeted to start production in 2024.

Darryn Quayle: Responsible Raw Materials Conference 2024
75 views 3 months ago

Interview with Darryn Quayle - Vice President of Worley

All I know is chart has done a full reset and filled all gaps. Yesterday 50k purchase on the ask in shares. The future is bright. News is needed. Results needed by EOY. Lithium prices will rise as big boys Al shutting down. Read about Albamarle. They in trouble. Not worth producing lithium for them w/o DLE. Look at Australia. Shut the biggest plant in production. Stopped cold. If China was to get banned from selling to the USA. There low grade lithium garbage prices will climb. I expect it to reach 25k by late next year

11k isn't a duck that has quacked around ibat to date.

.......Worley's Quayle "appears" to be speaking to IBAT's LDE modularity developments, phased implementation, and expected production results in its Utah undertaking........so........If it walks like a duck.....quacks like a duck......I'd like to think it's our duck they're talking about......

So far all time has told us is that it keeps ticking with IBAT. I'm excited to see if Iris comes aboard and if time will be told differently by her.

Hmmm. That could be true. Good find on website. But the article does touch other areas of clean tech also. Worley looks like its a start to finish company and fabricates the units also based on there contract/partnership with NANO in another article. I guess time will tell.

Anson is in Utah, near Moab.

Could be the aussies being aussies. IBAT never announced 11ktpa but then again IBAT doesn't announce much and when they do, the numbers are nearly impossible to translate.

Would appear, ibat is inferred in that article but the one below indicates the article was written about Anson.

https://www.marketscreener.com/quote/stock/WORLEY-LIMITED-6495133/news/A1-Lithium-Inc-Awards-Worley-Limited-for-Paradox-Lithium-Bromine-Project-37124286/

Yes ...As Ya scroll down in 5 pages, Darryn Quayle, Vice president of Worley, states that he is working with a Utah based lithium provider to produce 11,000 MT of sustainable battery grade LCE annually...and the post for us investors here to read..is much appreciated by us investors...Yes, IMO,..it has to be US Mag that Quayle/Worley company is working with..All Eyes on the results of this expanded production from the original St.Charles plant will speak volumes..Partners will come as this small cap IBAT comes out and is discovered.First and foremost in commercialized lithium mining..Tested already by two leading independant companys..(SLR & Greg Mehros Group),IBAT stands to get out of the gate as the leader in commercialized lithium production ..MDLE ..Stock could be explosive..IMO..Lock and Load..PS...Quayle/Worley, a monster of a company, also has a base in louisianna since 2022, close to the original IBAT St Charles plant.....IBAT and Worley for all we know have been connected since then...No doubt thats where it started..This unknown IBAT company is just starting to come out of its shell..The pps now is not going to be this low ever again.. speculation on my part.. but IMO..Big John has got this going in the right direction Bigtime.

Electric vehicle demand is growing thanks to new government legislation. But this demand is putting pressure on the battery materials value chain. The pace and scale of production growth makes securing and sourcing battery-grade minerals and metals a high priority.

It traditionally takes decades to develop new mines from greenfield deposits. But we’ve developed new, standardized approaches to deliver battery materials infrastructure at scale.

We also support the commercialization of sustainable extraction technologies such as Direct Lithium Extraction through our technology partnership offerings.

The search for socially responsible suppliers is on, and successful projects depend on collaboration across the supply chain.

Pitt believes a modularized approach to manufacturing will challenge conventions across sector, but ultimately unlock a new level of efficiency.

“This cookie-cutter solution is going to require heightened levels of collaboration and networking across both the value chain and the supply chain,” Pitt says.

“It’s a significant shift, but standardization is the most viable approach for the battery materials sector to capitalize on surging demand for batteries and decarbonize in the most efficient way possible.”
From Worley website article Sept 2022. The also have a office in Baton Rouge Louisiana

.......Harbor6460........Sorry for the omission.........
...........Go to........Worley.com ........... An Australian Service Company with serious credentials.........

Great post, thank you for sharing

https://www.worley.com/en/about-us/our-people/darryn-quayle

https://finance.yahoo.com/news/journey-net-zero-battery-charged-093222159.html

“We’re also working with a Utah-based lithium provider to produce 11,000 metric tons of sustainable battery-grade LCE annually. Their plant will use multiple direct lithium extraction (DLE) units commissioned in stages to validate DLE technology for lithium separation, expand production to commercial capacities, moving from proof of concept to complete front-end loading design,” says Quayle.

Who is “We’re” working with a company. Did it say in the article??

...........Re:...... Yahoo News August 15, 2024.......Excerpt from an article entitled ....Global Data....Journey To The Next Zero Battery: A Charged Issue.......
..........“We’re also working with a Utah-based lithium provider to produce 11,000 metric tons of sustainable battery-grade LCE annually. Their plant will use multiple direct lithium extraction (DLE) units commissioned in stages to validate DLE technology for lithium separation, expand production to commercial capacities, moving from proof of concept to complete front-end loading design,” says Quayle.

Now .......Just who might that be ?......Anyone have a guess ?......

The R/O system is not a desalination plant. Thanks for sharing, I'm not sure why you defaulted to "I called you a liar". I was asking out of curiosity because I did not see any desalination plants purchased.

The proof is in the pudding, pudding..Great DD find..IBAT will often be imitated, but never dupplicated..Burbas watching over his patented tech along with that expensve patent protection law firm they hired a while back..We likely will get some numbers soon, and if they are good..we roll! ... Ya build a house...they will come..

Im smiiten already by Big Bad John, A giant of a mining man..Big Bad John(Burba)..Big Bad John..He will save us from the fiery pit of the OTC.. Moving up soon..IMO..

Funding for a desalination plant..thats where Iris Janciks expertise comes into play ...environmentally to save water is a major plus in mining..for the people as well..Shes here for the reason, not the season..

Quarterly 10/06/21
Deferred acquisition costs: $229,000 paid 1st installment. Other links i provided all the information. I read it as a 3 tier payment as i stated. Maybe i am misinterpreting this info. I actually thought there were payments to follow but there are no filing i can see

Quarterly report 12/26/2021

Deferred Acquisition Costs
On September 26, 2019, the Company, through its wholly owned subsidiary, entered into an agreement to purchase a reserve osmosis desalination system as at October 31, 2021 the company had paid 1,036,827 CAD (US 813,661)
During the year ended January 31, 2021, the Company entered into a revised agreement with payments as follows:
Milestone description
Payment made under the initial agreement upon closing
Amount (USD)
$180,000
(paid)
Upon placement of purchase order (paid)
Upon preliminary completion of request order (paid)
Upon delivery of factory acceptance report (paid)
$234,638
$234,638
$164,385
$70,406
$884,067
A continuity of the Company's deferred acquisition costs is as follows:


Balance, January 31, 2020
238,032
Translation adjustment
(8,065)
Balance, January 31, 2021
229,967
Additions
896,008
Transfer to Lithium Extraction Unit
(1,134,040)
Translation adjustment
(8,065)
Balance, October 31, 2021

Hmmmm

Quarterly report. 8/29/22….. Please dont call me a Liar. Go check the filing…

Deferred Acquisition Costs
On September 26, 2019, the Company, through its wholly owned subsidiary, entered into an agreement to purchase a reserve osmosis desalination system. As at April 30,2022,the company had paid 1,125,138 (US $884,067)

continuity of the Company's deferred acquisition costs is as follows:
Balance January 31, 2021 $229,967
Additions. $896,046
Transfer to lithium extraction unit $1,125,138
Translation adjustment 875

Am i reading this wrong???

I'd love to see where it said anything about IBAT funding a desalination plant.

5 years of Sorcia / Ensorcia / Entec saying "desal plant in Chile 500m" as an example only to just watch literally nothing happen.

Hot topic, LEXI that JV flopped as hard as RjR, and I like Raul, he got bent by the Chilean policy makers when the nationalization started.

10% ownership in a project looks great on paper. Dan Layton weakness is in execution. I'd love for that to change.

TVR, can't wait for that gigafactory. I won't hold my breath.

The Capex looks great, so does their execution. And it's apparent based on investor interest and the deals ESM has versus IBAT. 2 different companies, the only ace up IBAT sleeve now is working commercial technology.

Riddle me this batman. 1800ppm brine carbonate process CAPEX. How do IBAT numbers compare?

Costs to produce through a CAPEX and OPEX lens of ibat is much more detailed based on the Financials, corporate presentations and statements compared to any other "technology provider" on earth.

People don't care about traditional quality expectations or estimates. They want buzzwords and headlines like the sea of juniors showing bowls full of piloted scale lithium produced.

Can't wait to see who e3 third party technology is. Excited to watch lilac funnel more investor money and see IBAT catapult or crumble.

Lithium is dead atleast until 2025, atleast while China is allowed to keep bringing garbage Africa spod across the pond and diluting aussie spod in the motherland to get that BG.

Prices tap $10/kg then reset to $18-24/kg which should start that reversal by EOY.

Keep in mind every 2024 PFS and DFS based their pricing off Benchmark the lithium pump squad at $20-30kg. IBAT 2023 pricing model was $15/kg.

Let's see if experience really applies in lithium extraction.

Tech might suck but arcadium liked their absorbent over burbas so they bought a bunch to begin their expansion that isn't expanding. Hope that helps - ESM is among top 3 competitors to ibat imo.

Derivatives & Underlying Security
A derivative is an instrument that derives its value from another security. Two categories of derivatives are used on SEDI:

1. “Issuer derivatives” are securities issued by the issuer. Issuer derivatives would include options, warrants, rights and special warrants issued by an issuer. The issuer designates these securities in its issuer profile supplement.

2. “Third party derivatives” are securities issued by a person or company other than the issuer. The price of third party derivatives is based on an underlying interest (such as common shares) issued by the issuer as the underlying security. Third party derivatives include exchange-traded call or put options, over-the-counter (OTC) call or put options (including private options to purchase or sell), equity swaps (long or short positions), forward purchases or sales and futures contracts (long or short positions). The insider, not the issuer, must define these securities in their insider profile.
https://www.sedi.ca/sedi/new_help/english/agent/Glossary/derivatives_underlying_security.htm#:~:text=%E2%80%9CThird%20party%20derivatives%E2%80%9D%20are%20securities,issuer%20as%20the%20underlying%20security.

.......Mittens.......Best for a frosty bike ride !........

Ibatf has been showing spending in filings for a desalination plant. It said a few different times they were funding in tiers. If i remember it was about 66% funded last filing

If you think I'm easily confused, you are correct... especially when a company named Energy Source is providing modular DLE to Arizona Lithium at a site in Canada. Compare that name to Ensorcia that plans on providing the same service using IBAT'S DLE once a site has been approved. In addition, Ensorcia owns a boatload of IBAT shares. I was kind of hoping they were the same company with sort of an English/Spanish thing, but Capex of $485m looks way out of line...plus I don't recognize anyone.
Bought more yesterday... still didn't cut into Jacob's lead.

I'm looking for one of his stoies with mittens😉 looks like you are correct.

Sent by Copilot:
One of the lesser-known tales of Paul Bunyan involves his mittens. According to the story, Paul Bunyan’s mittens were so large that when he lost one in the snow, it created a cozy shelter for his entire logging crew. They were able to stay warm and protected from a fierce winter storm inside the mitten until the weather cleared.

This story highlights the exaggerated size and strength that are characteristic of Paul Bunyan’s legends. Do you enjoy these kinds of tall tales?

Unproven MDLE tech is for AZL a few years away..Have they been tested?..My guess is No.IBAT is the early bird and the Godfather of Lithium will get alot of early action contracts..So lett the competition come.Bring it on..but we are far ahead.We are already producing LiBi..lots coming ..IMO..IBAT will take its rightful leadership in Lithium mining above all others ..For now at leadt.IMO.

AZL is quickly advancing its 100%-owned Prairie Lithium Project in Saskatchewan, with commercial production planned for mid-2025, having already secured approval for three production wells (and two more to come). It is using existing Direct Lithium Extraction (DLE) from EnergySource Minerals and a modular approach will provide scalability and a lower environmental footprint.
Solid economics even at an initial small scale of 6ktpa . Based on the Dec-23 PFS, Prairie will be a 6ktpa Lithium Carbonate operation for total Capex of A$485m. At our US$20,000/t long term Lithium Carbonate price (minus a US$2,600/t deduction for technical grade), Prairie generates A$103m/pa EBITDA, an IRR of 26% and significant valuation upside

On our modelling, AZL is expected to have low cash costs of US$3,084/t and AISC of US$5,000/t LCE. . There is also significant leverage, with each additional 2ktpa LCE module adding A$80m in NPV and every 10% increase in pricing adding c.A$150m in valuation.

.......Beacon of Bemidji.......

.......You've chosen the right path to follow.......The murk is lifting and the breadth of the plan will soon be plain for all to see........
........btw........Paul B. was a mitten man........

The part that standouts for me in the May 31, 2024 article if the 65,443,633Common Shares is not a miss print, which would have been corrected by now.

So I would have to assume 65,443,633Common Shares is the goal.

Is Jacob the one buying Daniel Laytons shares and maybe the EVL shares (by Third Party) in private?
https://ceo.ca/insiders?filters%5Bterms%5D=Ibat
Immediately prior to the Acquisition, the Acquiror owned 30,490,379 Common Shares, 10,626,557 Warrants and third-party derivative securities to acquire 6,946,293 Common Shares, collectively representing approximately 19.92% of the presently issued and outstanding Common Shares, on a partially-diluted basis. The Acquisition, together with the additional Common Shares to be received pursuant to the structuring fee will increase the Acquiror's position to 65,443,633Common Shares (assuming exercise of the Warrants and all third-party derivative securities to acquire Common Shares), or approximately 25.31% of the presently issued and outstanding Common Shares, on a partially-diluted basis.

https://ca.finance.yahoo.com/news/jacob-warnock-acquires-additional-stake-002500638.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAANPMi4HS-aCkIDPPJOudoM2pNWFSpcHSNL4duh-XvlIfY7wtWmjcJEQK2DUX3I7Wd7mFW8SZpXMk7foafU8uuH5eTZdCGTtViNFVHxNRkKCuq1IZN-8mWMGX_l-452wQfvAcSrR1FxT2lqJSuPA2lahJ_2YUQAmL5JEh_mbmTant

Correct link for Eduardo Silva on LinkedIn.
https://www.linkedin.com/in/eduardo-silva-3a737451/?originalSubdomain=cl

IBAT in it's past had a desalation plant either being bought or built, money was being spent on it. What ever happend to it and where was it?

IDE Water Technologies Welcomes Eduardo Silva as Regional Manager, Chile
https://www.businesswire.com/news/home/20240717130414/en/IDE-Water-Technologies-Welcomes-Eduardo-Silva-as-Regional-Manager-Chile

Eduardo Silva

Expert in leading international organizations and engineering & construction projects in the energy sector.
https://www.linkedin.com/company/ide-technologies-ltd./

Aconcagua Desalination Plant (Chile)
The plant will be the first drought-proof source of fresh water in the Aconcagua basin to serve the mining and industrial clients in the region.

The construction of the Aconcagua EPC desalination project in Chile is progressing with a rapid installation of its MPD pre-assembled SWRO trains.
In the marine area, an intake pumping station and temporary decks were built for the launching of the intake and outfall pipes
Capacity: 86,400 m³/day
Technology: Reverse Osmosis (RO)
Project Type: Engineering-Procurement-Construction (EPC)
Location: Chile
Commissioning date: 2025

Highlights
Technological & Environmental leadership
An innovative, state-of-the-art design in accordance with the stringent environmental requirements and regulations in Chile.

Multiple beneficiaries
The plant serves municipal, industrial, and mining clients in the region.
https://ide-tech.com/en/project/aconcagua-desalination-plant/

Thanks to Garry Flowers for getting IBAT'S first modular DLE plant built, tested, proven and placed with a known industry leader at a site that is sure to produce a lot of Lithium. We were certainly lucky to have you running operations during this critical period. Thank You!

The Acquiror will control such securities by nature of his control over certain related parties, including EV Metals LLC, EV Metals II LLC, EV Metals III LLC, EV Metals IV LLC, EV Metals V LLC, EV Metals VI LLC, Elegante Energy LLC, Perk Salar, LLC and JAW Puerto Rico Trust
https://ca.finance.yahoo.com/news/jacob-warnock-acquires-additional-stake-002500638.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAANPMi4HS-aCkIDPPJOudoM2pNWFSpcHSNL4duh-XvlIfY7wtWmjcJEQK2DUX3I7Wd7mFW8SZpXMk7foafU8uuH5eTZdCGTtViNFVHxNRkKCuq1IZN-8mWMGX_l-452wQfvAcSrR1FxT2lqJSuPA2lahJ_2YUQAmL5JEh_mbmTant

Elegante Energy buying warrants

Holder: Elegante Energy LLC
https://ceo.ca/insiders/jacob-warnock

The rise of Direct Lithium Extraction (hashtag#DLE) technology promises to open up new sources of hashtag#lithium supply this decade, helping to avert a forecast shortfall of supply.

⚡ DLE projects have the potential to add over 100kt of lithium supply in 2024

📈 The number of operational DLE projects is set to more than triple by 2035, contributing 14% of the total lithium supply

Request our DLE Special Issue for Benchmark's view on the rise and potential of new lithium extraction technology ➡ https://lnkd.in/esE-5iq6
https://www.linkedin.com/feed/update/urn:li:activity:7227214472929513473/

Patented Technology for Superior Lithium Recovery Every Working Day
https://www.ibatterymetals.com/

Iris Jancik

Definitely qualified for the job. Does she start this month?

Experience, scroll to bottom of page.

Water purification and DLE are similar.
https://www.linkedin.com/in/iris-jancik-49756556/