International Battery Metals Ltd. Stock Analysis IBAT.CN

International Battery Metals Ltd. is an advanced technology company, which engages in developing technologies for the extraction and processing of lithium from various sources. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2012-10-31. The firm is focused on lithium extraction from salars, geothermal brines and oil field brines. The company extracts lithium chloride (LiC1) from ground water salt brine deposits and returning the same water to the subsurface aquifer from which it is extracted. The firm develops and operates Mobile, Modular Direct Lithium Extraction (MDLE) technology at commercial scale with lithium brine. IBAT has constructed and commissioned a Modular Direct Lithium Absorption Plant (the Plant) in Lake Charles, Louisiana. The Plant comprises approximately 35 skid-mounted modules and is designed to produce 5,738 tons (t) LiCl in solution per year, from a brine with a lithium concentration of 1,800 g/t Li.