International Battery Metals is a pre-revenue technology company that designs and operates modular direct lithium extraction (MDLE) plants. These portable plants extract lithium chloride from naturally occurring brine deposits for processing into battery-grade lithium carbonate used in electric vehicles and energy storage. International Battery Metals sells to brine resource owners, including oil and gas companies and mining operators, primarily in the U.S. Smackover formation, the Middle East, and Latin America. The proprietary technology uses water and selective absorption columns rather than harsh chemicals, which International Battery Metals claims enables high water recycling and allows users to reinject spent brine into aquifers. The modular design allows plants to be prefabricated, trucked to sites, and redeployed, which International Battery Metals argues reduces construction timelines compared to traditional evaporation methods. International Battery Metals pursues multiple revenue models, including fixed-fee contracts, technology licensing, and joint ventures. International Battery Metals currently prioritizes securing its first commercial deployment to validate its technology at scale while developing higher-capacity next-generation modules. International Battery Metals protects its technology through patents and trade secrets.
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