International Battery Metals
International Battery Metals (IBAT) develops and deploys modular, mobile direct lithium extraction (DLE) plants that use proprietary selective-absorption crystal media to recover lithium from oilfield, subterranean, and salar brines for lithium producers, battery manufacturers, and brine resource operators.
- Company typePublic
- Founded2019
- HeadquartersVancouver, Canada
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What International Battery Metals does
International Battery Metals, Ltd. (CSE: IBAT, OTCQB: IBATF) is a Canadian-incorporated, publicly-traded developer of Modular Direct Lithium Extraction (MDLE) technology for recovering lithium from oilfield produced brines, subterranean brines, and salar brines. Its core product is a patented, transportable extraction plant built around a proprietary selective-absorption process: lithium-rich brine flows through a filter vessel containing a crystal-like media with fine hexagonal pores that trap lithium and chloride ions via double-selective size exclusion, after which clean strip water flushes out a lithium chloride-rich product for the customer's downstream conversion to battery-grade lithium carbonate. The company has demonstrated up to 98% lithium recovery and 99% contaminant rejection across multiple Smackover Formation brines, with 1,200+ extraction cycles on a single column showing no performance degradation; modular design enables 12-18 month deployment with zero chemical inputs and up to 98% process water recycling.
The business generates revenue through three streams: brine testing and validation services for prospective customers, direct deployment of modular DLE plants at customer sites under binding term sheets, and technology licensing to brine resource operators. Anchor commercial engagements include the first commercial modular DLE plant co-located at US Magnesium's operations in Utah and a licensing relationship with Sorcia Minerals for deployment in Argentine salars; eight additional projects are under evaluation across North America, South America, and the Middle East. As of April 2026, EV Metals VII LLC holds a 57.01% controlling stake following a series of follow-on investments totaling $15 million under a binding LOI. The company maintains offices in Houston, Vancouver, and Salt Lake City, with FY2026 revenue of $164,000 from brine testing services and a year-end cash position of $9.2 million with no debt.
International Battery Metals firmographics
Firmographics- Name
- International Battery Metals
- Legal name
- International Battery Metals, Ltd.
- Website
- https://ibatterymetals.com
- Company type
- Public
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- International Battery Metals (IBAT) develops and deploys modular, mobile direct lithium extraction (DLE) plants that use proprietary selective-absorption crystal media to recover lithium from oilfield, subterranean, and salar brines for lithium producers, battery manufacturers, and brine resource operators.
- Ownership category
- akta.pro rank
International Battery Metals industry classification
Industry- Product category
- Direct Lithium Extraction Equipment
- SIC
- Metal Mining (1000)
- akta.pro primary industry
- Lithium Mining & Brine Extraction (IMAKAFAA)
- akta.pro secondary industries
- Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite) (EUAFABAA), Battery-Grade Chemical Processing (LiOH/Li2CO3, Ni/Co Sulfates, Mn Sulfate) (IMAKAFAI)
Keywords
Where International Battery Metals is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices4 records
Markets served
International Battery Metals business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Operations, Personnel, Supply Chain, Infrastructure, Marketing or Sales
Revenue model
- Brine Testing Services: Pre-commercial service revenue from brine testing activities for prospective customers, validating DLE technology performance with their specific brine compositions.
- Modular DLE Plant Deployment: Deployment of modular direct lithium extraction plants at customer sites. Plants process customer brine to produce lithium chloride product for customer conversion to battery-grade lithium carbonate.
- Technology Licensing: Licensing of proprietary DLE technology to brine resource operators, including Sorcia Minerals for operations in Argentina's salars.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
International Battery Metals product offering
Product offeringCore offering
International Battery Metals (IBAT) designs, manufactures, and deploys modular direct lithium extraction (DLE) plants that use proprietary selective absorption technology to recover lithium from brine resources. The company sells and licenses its modular DLE systems to lithium producers and brine resource operators, processing customer brine into lithium chloride for the customer's conversion to battery-grade lithium carbonate. The technology uses crystal-like filter media with double-selective size exclusion, no chemicals, and up to 98% process water recycling.
Product overview
International Battery Metals (IBAT) offers a unified modular direct lithium extraction (MDLE) technology platform built around its proprietary selective absorption process. The core product is a modular, transportable lithium extraction plant that can be deployed in 12-18 months. The system uses patented extraction media and apparatus (Patents US 11904276, US 11498031, US 11229880) to extract lithium from brine with up to 95% recovery rates, recycling up to 98% of process water with zero chemicals used.
Differentiator
Problem solved
Functional benefit
Products and services
- Modular Direct Lithium Extraction (MDLE) Plant Modular, transportable direct lithium extraction plant using proprietary selective absorption filter media to extract lithium from brine with up to 95% recovery and 98% process water recycling. Deployed at customer sites under term sheet agreements, with initial production targets of approximately 4,000 metric tons per annum of lithium carbonate per plant, expandable to over 8,000 metric tons. Customers include lithium producers and brine resource operators.
- Brine Testing Services Pre-commercial service offering that validates IBAT's DLE technology performance against a prospective customer's specific brine composition. The testing validates lithium recovery rates and contaminant rejection before customers commit to plant deployment.
Quantifiable outcome
- 95% lithium recovery rate demonstrated vs 40-60% for traditional solar evaporation
- +4 more outcomes
Companies that use International Battery Metals
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles2 records
International Battery Metals technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
International Battery Metals partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- US Magnesium LLCcoreInstallation of world's first modular DLE plant at US Mag's existing operations outside Salt Lake City, Utah. Plant processes brine from lithium-containing waste-magnesium salts into lithium chloride for US Mag's high-purity lithium carbonate production.
- Sorcia Minerals LLC / Ensorcia MetalscoreLicensing of IBAT technology for deployment in Argentina. Sorcia (subsidiary of Ensorcia Metals) expanding use into new Argentina salar. Ensorcia holds approximately 3.1% of IBAT shares through May 2026 filing.
- SLR (Independent Testing)minorThird-party validation of lithium recovery performance for IBAT's modular mobile lithium plant. Testing conducted to verify technology performance under real-world conditions.
Scale indicators15 records
Recent moves6 records
Expansion highlights6 records
International Battery Metals competitors and assessment
Company assessmentDirect peers
- Standard Lithium: Standard Lithium is a publicly traded DLE developer targeting lithium extraction from Smackover Formation brines in Arkansas and East Texas, using a similar modular/DLE playbook to IBAT and pursuing commercial offtake with battery and EV customers.
- EnergyX: EnergyX is a private DLE technology company building lithium extraction plants targeting South American salars, directly competing with IBAT's modular DLE approach and pursuing similar lithium-brine resource owners as customers.
- Lilac Solutions: Lilac Solutions develops ion-exchange-based DLE technology for lithium extraction from brine, serving the same lithium-producer customer base as IBAT and competing for global brine resource opportunities.
Emerging players
- Vulcan Energy Resources: Vulcan Energy is a DLE-focused lithium developer extracting lithium from geothermal brines in Germany's Upper Rhine Valley, addressing the same downstream battery/EV customers as IBAT but using a renewable-energy-integrated brine source.
- ioneer Ltd: ioneer is developing the Rhyolite Ridge lithium-boron project in Nevada with DLE-adjacent processing and partnerships with Tier-1 battery customers, overlapping with IBAT in lithium-from-brine extraction targeting EV/battery supply chains.
- Pure Energy Minerals: Pure Energy Minerals is a smaller lithium-brine developer pursuing the Clayton Valley project in Nevada, making it an emerging-play comparable to IBAT in DLE-from-brine targeting for the North American battery supply chain.
Broad incumbents
- Albemarle Corporation: Albemarle is the world's largest lithium producer, operating both salar brine assets and DLE pilot programs. As an incumbent it serves the same lithium-buyer market as IBAT but through a much broader portfolio of hard-rock, brine, and conversion assets.
- Livent Corporation: Livent is a vertically integrated lithium chemicals producer with brine-based operations in Argentina and downstream conversion capacity, making it a comparable broad incumbent supplying battery-grade lithium to the same downstream customers as IBAT.
- SQM (Sociedad Química y Minera): SQM is a major Chilean lithium and chemicals producer extracting lithium from the Salar de Atacama brines. As a dominant incumbent, it competes with IBAT for global lithium supply contracts to battery and EV manufacturers.
- Lithium Americas: Lithium Americas develops large-scale lithium brine projects in Argentina (Cauchari-Olaroz) and the US (Thacker Pass), overlapping with IBAT in targeting lithium-from-brine resources for the EV/battery supply chain.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key highlights7 records
Customer concentration
International Battery Metals social profiles
Digital presenceInternational Battery Metals financial estimates
Financial estimateRevenue estimate
Valuation estimate
International Battery Metals leadership team
Management profileNumber of profiles
Profiles11 records
International Battery Metals funding detail
Funding detailFunding overview
Funding rounds10 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
International Battery Metals M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about International Battery Metals
What does International Battery Metals do?
International Battery Metals (IBAT) designs, manufactures, and deploys modular direct lithium extraction (DLE) plants that use proprietary selective absorption technology to recover lithium from brine resources. The company sells and licenses its modular DLE systems to lithium producers and brine resource operators, processing customer brine into lithium chloride for the customer's conversion to battery-grade lithium carbonate. The technology uses crystal-like filter media with double-selective size exclusion, no chemicals, and up to 98% process water recycling.
Is International Battery Metals a public or private company?
International Battery Metals is a public company. It is classified as public and is currently operating.
When was International Battery Metals founded?
International Battery Metals was founded in 2019. It employs 11 to 50 people.
Where is International Battery Metals based?
International Battery Metals is headquartered in Vancouver, Canada, in the North America region.
How does International Battery Metals make money?
Three revenue lines are on record. Brine Testing Services are the primary driver. The others are modular DLE Plant Deployment and technology Licensing.
Who are International Battery Metals's main competitors?
Direct peers on record are Standard Lithium, EnergyX and Lilac Solutions. Emerging players are Vulcan Energy Resources, ioneer Ltd and Pure Energy Minerals. Broad incumbents are Albemarle Corporation, Livent Corporation, SQM (Sociedad Química y Minera) and Lithium Americas.
Does International Battery Metals have an API?
No public API is recorded for International Battery Metals.
What industry is International Battery Metals in?
International Battery Metals's product category is Direct Lithium Extraction Equipment. Its primary akta.pro industry code is IMAKAFAA, Lithium Mining & Brine Extraction, with a secondary code of EUAFABAA, Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite). Its SIC code is 1000.