International Battery Metals

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.

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

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

• Direct lithium extraction
• Modular DLE plants
• Lithium brine processing
• Battery grade lithium
• Selective absorption technology

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Operations, Personnel, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Brine Testing Services: Pre-commercial service revenue from brine testing activities for prospective customers, validating DLE technology performance with their specific brine compositions.
2. 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.
3. 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

Core 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

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core and minor.

• US Magnesium LLCcoreStrategic or Co-development Partner · 6 May 2024Installation 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 MetalscoreOEM/ Whitelabel/ Licensing Partner · 1 January 2022Licensing 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)minorStrategic or Co-development PartnerThird-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

Direct 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

• Xx.com/IBTA_CSE
• LinkedInlinkedin.com/company/international-battery-metals

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds10 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about International Battery Metals