[TradingCharts]

https://www.linkedin.com/posts/international-battery-metals_fastmarketsbrm-activity-7341839219595612162-EMxU?utm_source=share&utm_medium=member_desktop&rcm=ACoAACqICfIBDnVCtKiuX6gsoBWZSJ9pAt341yg

[gregcod]

Joe Mills, our CEO. recently stated that the price of lithium Bi is $8.500 per metric ton..Thats the bottom no doubt..he also stated that he expects with the rise in demand for lithium, that it would again go up to at least 1,200 per metric ton in next year or so..IBATs plant cost to build is approx. 5o million dollars..and not 500 million like other dle plants cost to build plus years added... IBAT plant.Takes less than a year to build and produce lithium or whatever the absorbant material can seperate..Less than 3 acres, is modular,no chemicals used, 96% or so recycled water...So those factors to go along with its commercially proven tech..Our 2nd contract and more will happen soon.IMO..Next week conferences will have Burba and Mills speak with leaders in the lithium /energy business..Alot of eyes on this undervalued stocl/company.IMO..Its happy hour for me.I just adding a few more sharea today below .40..what a steal.IMO..I dont care if it takes a year to hit $5 bucks..worth the wait..cause it could happen much sooner with a biggie parthnering up w IBAT..again..US Mag was a success...and no other dle is proven to be as good as IBATS.Numbers dont lie..people do.The proof is in the. pudding, pudding..Exciting times ahead.IMO.
.

[gregcod]

Deploy the IBAT real McCoy...IBATF will attract the whales..We need to get out of the OTC ..thats not where the whales go for food..Institutional buying will then happen..but in due time..it will happen..Too quiet for too long..News is coming very soon..IMO.Hope so..But if you can get .40s..a win win win situation for buyers looking for super value..This small cap is going places..IMO..

[gregcod]

Yes that nothing burger will become a smash Burger by Burba!..A smile it did bring while Im having a cup of morning jo..Go Joe Mills and deploy that commercially proven plant .. A million shares says you do that!

[TradingCharts]

🤔🐰 🥚🐇🥚😎

we look forward to being an active contributor to the success of this emerging industry!

https://www.linkedin.com/posts/international-battery-metals_the-lone-star-lithium-boom-activity-7341231557103243264-i2Ym?utm_source=share&utm_medium=member_desktop&rcm=ACoAACqICfIBDnVCtKiuX6gsoBWZSJ9pAt341yg

https://www.chevron.com/newsroom/2025/q2/chevron-enters-domestic-lithium-sector-to-support-us-energy-security
https://www.texasmonthly.com/news-politics/lithium-mining-boom-northeast-texas/

[TradingCharts]

This should put a smile on your face Gregcod😎
Scott Brown
GIS Project Manager
Galvanic Energy
Edmond, Oklahoma, United States
https://www.linkedin.com/in/scott-brown-gve/

Mr. Brown gave a thumbs👍️ up on the ibatf post on LinkedIn... It has been sometime since I seen his name.
Probably just a nothing burger🍔

https://www.linkedin.com/posts/international-battery-metals_the-clean-energy-transition-cant-happen-activity-7341111064249438208-8lwA?utm_source=share&utm_medium=member_desktop&rcm=ACoAACqICfIBDnVCtKiuX6gsoBWZSJ9pAt341yg

[Harbor6460]

Funny you say that. I was thinking the same thing with old ceo also. Those 2 blocks of 100k into the bid smell like free shares. Good spot to add. Still thin on way up on the adk

[TradingCharts]

A CEO and a few Directors left the company. I would assume they want to be paid and are selling. Just a guess..

[Trinle]

I don’t understand how people can sell at these low prices

[TradingCharts]

The U.S. is waking up to the reality that it needs more lithium — and fast.

A recent Vox article highlights the challenge: the U.S. produces less than 2% of the world’s lithium, but traditional mining projects face long timelines and environmental hurdles. The need for a faster, more sustainable extraction method has never been more urgent.

Which breakthrough solution has the greatest potential impact but is only a passing mention? Direct Lithium Extraction.

DLE offers a faster-to-deploy, small-footprint solution by extracting lithium from brine resources — using less water and less land compared to traditional evaporation or hard rock mining. Leading technologies like IBAT’s modular DLE plant are designed to meet rising demand while minimizing environmental impact and accelerating domestic production.

Scaling up U.S. lithium supply doesn’t have to take decades — if we rethink how it’s done.
https://lnkd.in/eg76nJgQ

https://www.linkedin.com/posts/international-battery-metals_the-clean-energy-transition-cant-happen-activity-7341111064249438208-8lwA?utm_source=share&utm_medium=member_desktop&rcm=ACoAACqICfIBDnVCtKiuX6gsoBWZSJ9pAt341yg

[TradingCharts]

Derrick Allott
Commercial Manager @ SC Insights | Lithium-ion Battery Supply Chain Consulting | Providing Critical Insights to LIB Supply Chain Stakeholders

SC Insights Webinar | Lithium Supply Chains, Cathode Materials, & OEM Risk Analysis

Join SC Insights as we dive into three of the most critical topics shaping the future of lithium-ion battery supply chains and the broader EV (electric vehicle) industry:

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Whether you’re an investor, analyst, policymaker, or industry insider, this webinar delivers must-know insights into the rapidly evolving battery supply chain, EV manufacturing, and critical minerals landscape.

🔔 Subscribe for more strategic insights into the EV revolution, energy transition, and battery metals markets.

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📌 Key Topics:
• Lithium price outlook 2025+
• Battery-grade lithium supply & demand
• Cathode material manufacturing
• US & EU battery policy and IRA impact
• EV OEM strategy & risk exposure

hashtag#Lithium hashtag#BatterySupplyChain hashtag#EVBatteries hashtag#EnergyTransition hashtag#CriticalMinerals hashtag#LithiumForecast hashtag#CathodeMaterials hashtag#ElectricVehicles hashtag#OEMStrategy hashtag#InflationReductionAct hashtag#CleanEnergy hashtag#BatteryMetals

Lithium Prices, Battery Supply Chains & OEM Risk: What’s Next?

[TradingCharts]

Thank you to everyone who joined us at the Direct Lithium Extraction USA Conference and Exhibition in Houston.

IBAT CEO Joe Mills presented to a cross-section of industry leaders, technology developers and service providers, highlighting how our proven modular DLE technology delivers industry-leading operating efficiencies with no chemical usage and low water consumption, setting a new standard for scalable, sustainable lithium production.

We’re excited to be part of the momentum driving next-generation lithium extraction solutions forward.

https://www.linkedin.com/posts/international-battery-metals_thank-you-to-everyone-who-joined-us-at-the-activity-7340819053529178114-X9v1?utm_source=share&utm_medium=member_desktop&rcm=ACoAACqICfIBDnVCtKiuX6gsoBWZSJ9pAt341yg

[TradingCharts]

please tell me about the project (Project Liberty Owl)
Grok

Project Liberty Owl is a commercial-scale lithium production and conversion facility being developed by TerraVolta Resources, LLC, a U.S.-based critical minerals exploration and production company headquartered in Houston, Texas. The project is located in the Texarkana region, spanning Arkansas and Texas, and aims to produce battery-grade lithium from domestic brine resources using direct lithium extraction (DLE) technology. Here are the key details:
Overview
Purpose: The facility is designed to support the U.S. clean energy transition by producing lithium, a critical mineral essential for electric vehicle (EV) batteries, grid-scale energy storage, and consumer electronics.

Production Capacity: The plant is expected to produce at least 25,000 tons of lithium carbonate annually, sufficient to power approximately 500,000 electric vehicles each year.

Total Investment: The project is valued at over $1 billion.

Funding: TerraVolta was selected by the U.S. Department of Energy (DOE) for a $225 million award under the Bipartisan Infrastructure Law to support the design, construction, and operation of the facility. This is one of the largest provisional awards for a U.S. critical minerals project.

Strategic Importance
Domestic Supply Chain: Project Liberty Owl aims to reduce U.S. reliance on foreign lithium supplies by harnessing domestic brine resources in the Smackover trend, where TerraVolta has secured one of the largest land positions.

Economic Impact: The project is expected to create high-paying jobs in the Texarkana region, contributing to a U.S. manufacturing revival and strengthening economic and energy security.

Environmental Goals: By producing lithium domestically, the project supports global carbon reduction initiatives and the transition to clean energy technologies like EVs and renewable energy storage.

Leadership and Partnerships
TerraVolta Leadership:
Jamie Liang, President and CEO, emphasized the project’s role in employing American workers to meet the growing demand for lithium in the U.S. economy.

John Raymond, Chairman of TerraVolta and The Energy & Minerals Group (EMG), highlighted the project’s alignment with EMG’s focus on green commodities critical for decarbonization.

DOE Endorsement: U.S. Secretary of Energy Jennifer M. Granholm praised the project as part of the Biden-Harris Administration’s Investing in America agenda, noting its role in revitalizing local economies and positioning the U.S. as a leader in advanced battery manufacturing.

Timeline and Development
TerraVolta has spent the last 24 months accumulating land and confirming the resource’s potential in the Smackover trend.

With DOE funding, the company is now moving into the design and engineering phase for the facility, with plans to build and operate it in the coming years.

Context
The project is part of a broader push to bolster domestic production of critical minerals, as outlined in the DOE’s efforts to fund advanced battery and battery material projects nationwide.

It aligns with TerraVolta’s mission to pioneer a sustainable future by becoming a leading U.S. producer of lithium and other critical materials.

Sources
Information is primarily drawn from TerraVolta’s announcement and related reports published by PR Newswire and Connect CRE.

If you were referring to a different "Project Liberty Owl" or have additional context (e.g., a specific industry or organization), please clarify, and I can tailor the response further!

[gregcod]

IBATF will hook up at the Hookah lounge somewheres in the Texasarkanamsmackover region...Big Fish can get a first quick deployment of that IBAT plant thats ready/set/Go already....and get a step way ahead of any othere extraction to market process thats faster and most cost effevtive/ environmental friendly than any other dle..and its modular..Burba gave the world its first DLE in Altacama Chile..sold tech to FMC way back in 80s..So its befitting that he came back out of retirement 3 times for this very reason..whats up Doc?...We will find out very soon..The right choice is right in front of Chevrons/Terra Volt /exxons/Panterra eyes..Burba is the Goat..IMO..More over Brady...LOL..

[TradingCharts]

TerraVolta Resources’ mission is to pioneer a more sustainable future by becoming the leading domestic producer of lithium and other critical minerals. We harness the power of advanced technology and sustainable practices to extract and process these minerals in the most efficient and environmentally responsible manner.
https://www.terravolta.com/

IBATF would br great for this projet. Who did they choose for DLE
Grok talk.

TerraVolta Resources has not publicly disclosed the specific Direct Lithium Extraction (DLE) technology provider selected for their Smackover Formation project, including whether International Battery Metals Ltd. (IBATF) was chosen. Available information indicates TerraVolta is employing advanced DLE processes for their lithium extraction but does not name the technology partner.

For context, IBATF’s modular DLE technology, known for achieving up to 95% lithium recovery and 99.9% purity without chemical additives, has been adopted by other projects, such as a commercial facility with US Magnesium in Utah. However, no evidence confirms its use by TerraVolta. You may want to check TerraVolta’s official announcements or contact them directly for the most accurate details on their DLE provider.

[TradingCharts]

TerraVolta Resources, whose investor is an affiliate of The Energy & Minerals Group (EMG), and the second from East Texas Natural Resources (ETNR) LLC. Tell me about TerraVolta Resources
Grok talk

TerraVolta Resources, LLC is a Houston-based U.S. company focused on the exploration and production of critical minerals, particularly lithium, to support the transition to clean energy and electrification. Founded in 2022 by Jamie Liang (President and CEO), Ross Tomson (Chief Technology Officer), and Nicholas Muscara (VP, Land and Business Development), the company aims to become a leading domestic producer of lithium and other critical materials. Its flagship project targets the Smackover Formation, a lithium-rich geological formation spanning Texas and Arkansas.
Key Details About TerraVolta Resources:
Mission: To pioneer a sustainable future by developing reliable, affordable energy solutions that promote electrification and diversify the U.S. energy supply chain. The company emphasizes advanced technologies for mineral extraction to reduce environmental impact.

Operations: TerraVolta employs advanced reservoir, geologic, and hydrogeologic technologies to identify lithium-rich formations. It conducts rigorous testing to confirm resources, acquires mineral rights through negotiations with landowners, and drills wells to extract lithium from brines using direct lithium extraction (DLE) processes, which are faster and have a smaller environmental footprint compared to traditional methods.

Smackover Formation Project: TerraVolta has secured a significant strategic position in the Smackover Formation, known for its high lithium concentrations. In 2023, the company successfully drilled an appraisal and supply well, validating its resource quality and advancing toward commercial production.

Investment and Ownership: In early 2023, The Energy & Minerals Group (EMG), a private equity firm specializing in natural resources with ~$13 billion in assets under management (as of March 31, 2025), made a substantial equity investment in TerraVolta, becoming its majority owner. This funding accelerated TerraVolta’s lithium projects and land acquisition efforts.

Partnerships and Sales: In June 2025, TerraVolta and EMG sold equity interests in two subsidiaries holding ~100,000 net acres of lithium-rich leasehold positions in east Texas and southwest Arkansas to Chevron U.S.A. Inc. This transaction marked Chevron’s entry into the U.S. lithium market and supports TerraVolta’s goal of advancing domestic lithium supply chains.

DOE Funding: In September 2024, TerraVolta was selected by the U.S. Department of Energy (DOE) for a $225 million award negotiation to support a $1 billion+ lithium production facility in the Texarkana region (Project Liberty Owl). The facility, expected to begin construction in 2028 and operations in 2029, aims to create over 125 permanent jobs and reduce carbon emissions by supplying lithium for batteries.

Competitive Landscape: TerraVolta operates alongside other players in the Smackover Formation, such as Standard Lithium, ExxonMobil, Tetra Technologies, and Albemarle, all targeting lithium production to meet growing demand for electric vehicle (EV) batteries and energy storage.

Sustainability and Impact: The company’s lithium projects aim to reduce U.S. reliance on foreign mineral sources, strengthen national energy security, and support global decarbonization goals. Its DLE approach aligns with efforts to minimize environmental impact.

Recent Developments:
Chevron Acquisition (June 2025): The sale of ~100,000 net acres to Chevron was a significant milestone, enabling a major energy company to enter the domestic lithium market while allowing TerraVolta to focus on further developing its remaining assets.

Strategic Vision: CEO Jamie Liang has emphasized building a domestic battery supply chain, with EMG’s investment and DOE support positioning TerraVolta as a key player in the U.S. lithium industry. EMG’s Executive Chairman, John Raymond, views TerraVolta as a potential cornerstone for U.S. battery production.

For more information, visit TerraVolta’s official website at www.terravolta.com.[](https://www.terravolta.com/) (http://www.terravolta.com.[](https://www.terravolta.com/))

[le-bon ton-roule]

Future development will aim to utilize the direct lithium extraction (DLE) process, a set of advanced technologies employed to extract lithium from brines produced from the subsurface. Chevron seeks to deploy this emerging technology, which allows for faster and more efficient production and is expected to have a smaller environmental footprint compared to traditional extraction methods.
https://www.businesswire.com/news/home/20250617717350/en/Chevron-Enters-Domestic-Lithium-Sector-to-Support-U.S.-Energy-Security

Interesting choice of one word "deploy" might as well throw another name in the IBAT hat...

[NanoEE]

6 days away!

[JP1907]

Not many shares available on the TSX, so small volume dictates larger volume on OTC

[Shmackers]

[TradingCharts]

An interview might come out in a few days.

[Harbor6460]

Dont be a Scared

[JP1907]

Well, under a buck you will see fluctuations. Just like LAC, until the big one hits. 2-3 buck fluctuations incoming.

[Trinle]

There we go 0.39. Any reason 🤔

[NanoEE]

IBAT Chief Executive Officer Joe Mills will deliver a keynote presentation on Monday, June 16, at 11:30 a.m. Central Time.

Any ears on this?

[tom16]

I'm out of the loop when it comes to first hand info about International Battery Metals, but that doesn't stop me from looking. The other day I asked my bus driver what he thought about the prospects for IBATF? He looked at me...made a fist and said, "One of these days! To the Moon, Alice!"
Told him my name wasn't Alice, but that I did like the "to the Moon" part.
Good Luck!

[gregcod]

Good Morning..Lets see if Fridays almost 160k volume will continue this week..Lots of exciting things happening..The end of June shoud be the start of something very positive for IBAT..and the lithium market ..Those cheapies will be gone this week..Action should be heating up.IMO.

[gregcod]

We going up..LOL..Buying opp quite attrative given all that Burba/IBAT has going for it...Exciting times ahead.IMO. probably others as well..That plant will be deployed..and announced soon I hope..Big weeks coming up...Nobody is qicker to market like IBAT..IBAT will secure its place w contracts based on commerciallly proven(M) DLE tech..Have a nice weekend..

[TradingCharts]

We’re looking forward to connecting with industry peers next week at the Direct Lithium Extraction USA Conference and Exhibition in Houston.

Catch IBAT CEO Joe Mills on Monday at 11:30 a.m. CT as he shares how we became the first to produce lithium chloride at commercial scale in North America using our proprietary modular DLE technology — achieving up to 95% lithium recovery, 99.9% purity and up to 98% process water recycled.

See you in Houston!

https://lnkd.in/g-5qrsRX

https://www.linkedin.com/posts/international-battery-metals_were-looking-forward-to-connecting-with-activity-7339295310646517760-_DLS?utm_source=share&utm_medium=member_desktop&rcm=ACoAACqICfIBDnVCtKiuX6gsoBWZSJ9pAt341yg

[Harbor6460]

Buying looks good. Another 150k today. 

[TradingCharts]

IBATF should move above the center on the Boilinger Bands early next week. Should go back to top of BBs $.60US higher would be my preference.

.

[TradingCharts]

International Battery Metals to Showcase Commercial DLE Success at Conferences and Exhibitions in June 2025
https://money.tmx.com/quote/IBAT/news/8993590469277294/International_Battery_Metals_to_Showcase_Commercial_DLE_Success_at_Conferences_and_Exhibitions_in_June_2025

Canada NewswireJun 12, 2025 6:06 PM EDT
VANCOUVER, BC and PLANO, TX , June 12, 2025 /CNW/ - International Battery Metals Ltd. (" IBAT " or the " Company ") (TSXV: IBAT) is proud to announce its participation as a featured industry leader at both the Direct Lithium Extraction USA Conference and Exhibition 2025, taking place June 16–17 in Houston, Texas , as well as the Fastmarkets 17th Lithium Supply & Battery Raw Materials Conference, taking place June 23-26 in Las Vegas, Nevada

At the Las Vegas conference, IBAT's CEO Joe Mills and CTO Dr. John Burba will take the stage to highlight the company's commercial-scale success and technology leadership in modular, chemical-free Direct Lithium Extraction (DLE).

On Tuesday, June 24 at 10:30 a.m. PT , Chief Executive Officer Joe Mills will deliver a keynote presentation titled "Commercial DLE in Action: Thriving Through Market Volatility." He will share insights into the operational success of IBAT's first-of-its-kind commercial DLE plant, built for performance, resilience, and environmental sustainability.
On Wednesday, June 25 at 4:40 p.m. PT , Dr. John Burba , IBAT's Founder and Chief Technology Officer , will speak on the panel "DLE: Scaling Up for the Future." The discussion will focus on the critical requirements for rapidly deploying next-generation DLE technologies at global scale, informed by decades of industry-leading innovation and field-tested performance

[TradingCharts]

Occidental Petroleum has come into retail’s radar after Warren Buffett-run Berkshire Hathaway, Inc. ($BRK-A) ($BRK-B), increased its stake in the oil company by 8.9 million shares, following the recent stock price declines.

Berkshire now holds a 28.1% stake in the company.

oxy-sentiment.png
OXY sentiment and message volume December 23, 2024, premarket as of 6:06 am ET | Source: Stocktwits
Sentiment toward the stock is ‘bullish’ (65/100) among retailers on the Stocktwits platform, with the degree of bullishness improving from a day ago. Message volume remained at ‘low’ levels.
https://stocktwits.com/news-articles/markets/equity/5-stocks-retailers-on-stocktwits-are-most-bullish-about-at-start-of-trading-week/cJazZrdRSv

[gregcod]

or more than $5 bucks a share..IMO..

[gregcod]

...Everyday is a winding road....We get a little bit closer..Going up!..This stock will be explosive..not a .50 cent stock company.. At the minumal, I predict IBATF to get from .50 cents to $5.00 before Christmas..Im good w that.IMO.Will happen..then buyout..10 X at these prices at $ 5 bucks a share is doable..IMO.

[TradingCharts]

I'm going to sticky post your post so that I remember the date😉

[NanoEE]

PINE Unit

This is an umbrella term, there are many facets of this methodology for extraction. It is away for Exxon to call out their use of equipment(unit), but most people do not understand the purpose to those reasons.

Unfortunately(and good), there are no secondary educational institutions working on said methodology for lithium extraction.

With that being said, NO, known company has come out and said they are working on a PINE Unit. Doesn’t mean that Exxon is not but in R&D there is a reason to locking the doors. This same thing can be said for IBAT.

Don’t forget: NDA - Non-Disclosure Agreement is on the table.

It will become VERY obvious to whom they are using for the “unit” once their(Exxons) numbers are presented.

June 23rd

[gregcod]

With this team of leaders/investors..if they aint selling....than neither am I....and more importantly, a MDLE thats unmatched for all factors concidered..but why repeat it.IBAT is number 1 and will get many plants deployed..NP.

[Trinle]

They are planning to deploy the first unit, but first they need to find a customer..

[NanoEE]

“Like the Standard Lithium-Equinor venture, Exxon received an approved unit called the Pine Unit earlier this year, resolving that issue.”

[NanoEE]

The PINE Unit!!

In mining, the acronym PINE typically stands for “Passive In situ Nucleation Extraction.” This refers to a process or methodology where mineral extraction occurs directly from the deposit without traditional excavation.

Key Elements:
• Passive: Minimal external energy or mechanical disturbance is applied.
• In situ: The process occurs at the site of the deposit, leaving the host rock largely undisturbed.
• Nucleation: Refers to the chemical or physical process that triggers the targeted material to separate and become extractable.
• Extraction: The removal of the desired resource.

This method is often associated with sustainable or low-impact mining techniques, particularly for minerals like lithium or other metals extracted from brines.

[Harbor6460]

I hope this bid seller gets caught Soon...Real Soon. Ha. Otherwise we be moving uppppp

[Harbor6460]

Same Dates that Burba and Mills are speaking at the Lithium convention....HMMMM

[Harbor6460]

According to the AOGC’s website, a special commission hearing is scheduled for noon June 23 in Magnolia and its regular monthly meeting is June 24 in El Dorado.

[gregcod]

Makes no sense for Exxon Mobil to not partner up IBAT especially because Brent Wilson of Galvanic Energy ..who sold those prime 120,000 acres of lithium brine and more....Only commercially proven DLE as far as most concerned.. The SLR survey proved to Brent Wilsons liking told to buyer Exxon that the tech as excellent w numbers..We our out of the lab stage..Deals/revenue/Permits..w lithium bi prices going up = $$$..

[Harbor6460]

50k shares on bid st .46. 56k shares on ask at .50. Nobody selling into the bid today. Me like

[TradingCharts]

🤞Joe J. Colletti🤞
Americas Infrastructure Venture Executive at ExxonMobil
5 days ago • Edited • Visible to anyone on or off LinkedIn
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176295920
Joseph Mills
Chief Executive Officer and Board Member
1d
https://www.linkedin.com/feed/update/urn:li:activity:7336014119319310337?commentUrn=urn%3Ali%3Acomment%3A%28activity%3A7336014119319310337%2C7337400888858161152%29&dashCommentUrn=urn%3Ali%3Afsd_comment%3A%287337400888858161152%2Curn%3Ali%3Aactivity%3A7336014119319310337%29
Congrats Joe! Very happy for you 🎉

100k block bought yesterday

Thanks I did not know that😎

[Harbor6460]

Exxon already has a determination from the commission that its project can “profitably extract.” It’s one of a number of requirements under state royalties 
Got to like thise Words...Who has been Commercially tested besides IBATFor profitabilty. Can only hope. 100k block bought yesterday

[TradingCharts]

Arkansas Oil and Gas Commission receives ExxonMobil lithium royalty application
The company’s subsidiary wants to set a royalty that’s identical to one approved last week
By: Ainsley Platt - June 4, 2025
https://arkansasadvocate.com/2025/06/04/arkansas-oil-and-gas-commission-receives-exxonmobil-lithium-royalty-application/

Exxon, via its subsidiary, was also a party to the 2024 royalty proposal that was unanimously rejected by AOGC commissioners, as was Standard Lithium. The commission ruled during a two-day hearing in November that a royalty could only be applied to existing brine units that the AOGC had approved — something Exxon did not yet have — after attempts by applicants to have a royalty applied to both current and future brine units.

Like the Standard Lithium-Equinor venture, Exxon received an approved unit called the Pine Unit earlier this year, resolving that issue.

However, unlike the Standard Lithium-Equinor venture, which last week had to show both that their project could “profitably extract” and was “fair and equitable,” Exxon already has a determination from the commission that its project can “profitably extract.” It’s one of a number of requirements under state royalties law. Exxon received that determination at the AOGC’s April hearing.

[gregcod]

Ensorcia put up the money for the ist plant construction plus..We good here.Better than good.IMO.