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The Future of Lithium with Daniel Layton and John Burba of IBAT
537 views May 8, 2024 CHUCK YATES NEEDS A JOB
I wanted to learn more about lithium because this mineral is a big deal for batteries. Phones EVs everything needs lithium. So I had the guys from International Battery Metals on to talk lithium and their extraction methodology. Direct lithium extraction (DLE) is a thing, a real thing, even Exxon is doing it. Think about it, oil and gas guys, if you got waste water, why aren’t you extracting the lithium?
Yes tom16, turn the switch on! that would be nice..Results from the 3 month testing should provide some proof that the IBAT DLE is what the results were before with SLR and the
edGreg Mehros Group..Now even better with the new patented upgrades in equipment, that will produce 8 metric tons or more per year..soon to be much more..revenue..
Advanced lithium extraction technology begins liftoff in US
https://www.spglobal.com/marketintelligence/en/news-insights/blog/japan-ma-by-the-numbers-q4-2023
IBAT's modular plant was constructed in Lake Charles, La., before it was transported to US Magnesium's site in Utah. IBAT said engineering reviews indicate the plant can produce up to 5,000 metric tons of lithium chloride per year, and that the plant's design allows for expansion.
"These modules can be shipped by truck, rail, barge or a ship," Burba said. "We can send them anywhere we need to. The other aspect is we can build one of these plants at a fraction of the time of a conventional plant."
[color=green]Burba said IBAT can build a modular plant in about 12 months, and that the Utah plant cost about $25 million to $30 million.
"Our costs are going to be reduced [for future plants] simply because we learn every time we do something," Burba said. "We're continuing to improve key aspects of this plant. So, I think that we're going to see the cost decrease."[/color]
IBAT said its technology can work with a variety of brine feedstocks. While EVs may be viewed as a direct threat to oil producers, Daniel Layton, group chairman, CEO and founder of Ensorcia Group, told Commodity Insights there is an opportunity to create a symbiotic relationship between the oil and lithium industries. For example, IBAT reported that a large-volume test with Galvanic Energy LLC showed promise for extracting lithium from oilfield brines. Ensorcia Group is a lead investor in IBAT that also holds lithium resources in South America.
"I wish they didn't call it the energy transition," Layton said. "I wish they would call it the energy addition or another term because it's going to work in conjunction with hydrocarbons for years," Layton said. "You're going to breathe new life into these oil fields."
IBAT said its technology has also been demonstrated to be effective with subterranean brine resources from Alberta, Saskatchewan, Michigan, Ohio, Oklahoma, California, Texas, Chile, Argentina and Germany, as well as geothermal brines. In addition to working with companies with oilfield brines, IBAT said it is also working with companies interested in extracting lithium from brine aquifers and industrial customers with brine byproducts, to tap into new lithium resources around the world.
An underinvestment in domestic mineral supplies presents a major challenge to tackling the world's goals to mitigate the worst impacts of climate change, Layton said.
"You have all these multibillion-dollar gigaplants [to produce EV batteries] ... and there's no raw materials to supply it. There has not been capital for the development of downstream resources," Layton said. "If it doesn't come pouring in, in the next 12 to 24 months, you're really going to set this [energy transition] thing back a number of years."
Whoa! Now that's interesting...
Ensorcia Metals Corporation
https://ceo.ca/insiders/ensorcia-metals-corporation
Took a closer look at the U.S. Mag photo and it looks like at the time the picture was taken there was still some work to be done. The piping to the processing tanks still needs to be connected. As for the worker...he appears to be deep in prayer.
That makes two of us.
Take a look at the U.S. Magnesium website. Go to the Lithium section. Top photo appears to show a worker climbing on top of one of IBAT's DLE modules. I'm hoping he's looking for the "on" switch.
"Flow the Brine.
Get that Lithium!"
One precious thought..If Elon Musk would have bought The deal for the former Company Symbol for 1.5 billion...Musk told Burba he was a liar about his DLE..When Burba was walking out, Must said...Where are you going? LOL.. Burba replies... You declined the deal..Burba walks out door..We all would not have this opportunity to win potentially big having IBATF shares.IMO..This baby is going to run soon.Buying mode.
Could be a big day today after this UK summit that features Dr.John Burbas MDLE extraction process..
I saw it on one ofthe links about the UK conference 10 posts or so ago..so I believe he will be there... .Pretty sure..but we will find out soon enough on the UK conference in the next day or so..
summit highlights
You can click on both dates. I do not see Burbas, name do you?
https://energy.apexevents.cn/
Shaping tomorrow: Direct Lithium Extraction Summit 2024
News 23 Apr 2024
The UK town of Uxbridge will host the Direct Lithium Extraction Summit 2024 on 18–19 June.
The conference is curated to showcase the latest advancements in direct lithium extraction (DLE). Dr John Burba, the founder, chairman, and chief technology officer (CTO) of International Battery Metals Ltd, will present on ion-targeting direct extraction (iTDE0, unraveling its myriad applications and advancements.
Any info on the first day of the 2 day UK Lithium Conference with festivities ?..Burba will be speaking..Cant wait to here the overall positive effect of this UK Lithium..Party.The Bull will run.IMO.
IMO, Multiple contracts for IBATF,soon to be ? DLE, would certainly see a run up to minimum $6 to 10 bucks ashare ..Burba has said that he foresees no problem in getting more clients..When you have it..ya earned it..When ya have the goods... Ya gets the money.Period. He earned what is about to happen. The Good Doctor John Burba. The Godfather of Lithium..Time for a new car Doc!..and more.
Tuesday, 18 June
Direct Lithium Extraction Summit 2024, 18 - 19 June, Uxbridge UK
https://www.eventbrite.co.uk/e/direct-lithium-extraction-summit-2024-18-19-june-uxbridge-uk-tickets-778236996807
.........Pierre de Lapeyriere describes the virtues of IBAT,s DLE technology and speaks openly of the POSITIVE atmosphere that exists between Ensorcia Group and its French/European technical and business counterparts........It certainly will take a combined and concerted effort to curb China's influence in the lithium quarter........
"IBAT's proprietary commercialized DLE technology is proven, ready to push-start a US lithium industry, and revolutionize global production, making this a prime time to join the organization," Jancik said. "Burgeoning battery demand requires a wholesale change in how lithium is produced, and IBAT delivers the right combination of efficiency, sustainability and scalability to reach new heights."
Prior to joining IBAT, Jancik served as CEO of IDE Americas, a subsidiary of IDE Technologies, a global desalination and water treatment solutions company, where she has been responsible for the development and operations of major infrastructure projects, including San Diego County Water Authority's Carlsbad Desalination Plant in Carlsbad, Calif., as well as other municipal and industrial water treatment plants. An engineer with extensive global contracting and management experience, she holds an M.B.A. in international business from Texas A&M University.
"Iris brings deep expertise in water infrastructure, which is core to our DLE water-recycling process, and the requisite global commercial chops to build on IBAT's momentum," said Dr. John Burba, founder, CTO and director of International Battery Metals. "I expect IBAT to take on new frontiers for growth with Iris at the helm and look forward to collaborating with her."
Jancik succeeds Garry Flowers, who joined IBAT for a two-year period, starting as president in July 2022 and then named CEO in December 2022. Flowers is credited with accelerating IBAT's technology to its first commercial phase.
"We are grateful for Garry's diligence in transforming IBAT from a technology company to a commercial enterprise poised for growth," said William Webster, chairman of the board. "Garry's leadership has helped lay the foundation for IBAT to deploy its first plant, which is a tremendous landmark as the world's first modular DLE plant."
tononclegeorges how is your French??
https://www.linkedin.com/feed/update/urn:li:activity:7200139135842406401/
Full video.
https://www.dailymotion.com/video/x8yz2uq
Happy Fathers Day.Must not lose site of whats important..Enjoy.Have a wonderful day!
The song ...Everyday is a winding road..We get a little bit closer..applies here..Burba being a featured guest speaker at the UK 2 day Conference on the 18th and 19th this week might have implications..but people are now knowing that Burbas IBAT is on center stage at the US Mag facility with the on going testing..Should results be as good as Burba says..multiple contracts will loom..More plants will be constructed..and soon.IMO.Getting closer to a run..of $6 bucks a share..That old mark will be broken..IMO..Cant wait for what Burba has to say at this weeks UK lithium conference..
Early morning volume 24,770 shares traded first 15-minutes on the ask.
Level 2 did not change.
Does the seller still has shares to sell?
It would be nice to hit the 1.10US today, does not have to hold just tap it.
1.04 100 INTL
1.04 100 ETRF
1.04 1100 GTSM
1.04 22500 OTCN
1.04 24700 VIRT
1.10 100 MAXM
Periods when to buy stocks.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173781558
Interest rates in Europe came down.
BY DAVID MCHUGH
Updated 4:36 PM CDT, June 6, 2024
https://apnews.com/article/european-central-bank-interest-rates-cut-087f5a0eb5caf841266afb16c65e520b#:~:text=The%20ECB%20cut%20its%20benchmark,bank%20to%20start%20lowering%20rates.
The ECB cut its benchmark rate to 3.75% from a record high of 4% at a meeting of the bank’s 26-member rate-setting council in Frankfurt.
Speaking afterward at a news conference, ECB President Christine Lagarde said inflation had eased enough for the central bank to start lowering rates.
EU reportedly set to impose tariffs on Chinese electric car imports • FRANCE 24 English
..............'bout time....if that's true...........
Today Europe put a 38% tax on China EV imports. Maybe lithium prices will move up again soon
The UK town of Uxbridge will host the Direct Lithium Extraction Summit 2024 on 18–19 June.
https://www.filtsep.com/content/news/shaping-tomorrow-direct-lithium-extraction-summit-2024/
Today, Monthly Progress Report-May
On May 1, 2024, the Company signed an agreement with US Magnesium LLC (“US Mag”), whereby US Mag has agreed to lease the Company’s MDLE Plant for an initial term of two-years following the completion of the Phase 1 acceptance test (the “Agreement”). The Agreement will automatically renew for successive one-year periods and is cancelable upon 180-day written notice. The Agreement is consistent with the term sheet signed on January 11, 2024. Pursuant to the Agreement, the Company will receive royalties and equipment rental payments for the MDLE Plant based on the quantity of and prices for the lithium carbonate process and sold by the Customer. The rental payments may be applied to the Customer’s purchase option for the plan
Monthly should be out sometime today.
https://thecse.com/listings/international-battery-metals-ltd/
So True.. Burba will speak at that conference..Cant wait to hear the video if theres one.podcast or something..Burba is the Godfather of Lithium..and I believe tha we have something cooking w Teralithium/BHE/Oci Petroleum..Big Boys w $ Toys..to invest into IBAT green tech for a better world..Must be done..Price of lithium as a commodity has been reduced..but that will fluctuate ..but nobody can do what IBAT Does. Cost effective at these lithium prices levels..like no other...DLE new listing name coming soon..Properly re named Soon..Bet on Burba.IMO.Going Huge! and $oon.!
DIRECT LITHIUM EXTRACTION SUMMIT 2024
18 - 19 June, 2024
eminent speakers
https://energy.apexevents.cn/speakers/
I wonder if they have a patent on this methodology.
Seems like it might be a good idea.
.
Billionaire Buffett's renewables arm and oil giant to tap lithium using 'game changer' technology.
Berkshire Hathaway’s BHE Renewables subsidiary has formed a joint venture with Terralithium (= BURBA) of Occidental developing Direct Lithium Extraction Technologies
https://www.rechargenews.com/energy-transition/billionaire-buffetts-renewables-arm-and-oil-giant-to-tap-lithium-using-game-changer-technology/2-1-1655893
Hello & Welcome to the 14th edition of our weekly price update from China.
https://www.linkedin.com/pulse/battery-materials-prices-5-june-2024-magnus-bekker-z5mhc/
Will this help Canada, and the US miners??
Trading Charts, So much good info coming out, by the time Burba is through cleaning the brines with the new iTDE tech coming out (https://www.filtsep.com/content/news/shaping-tomorrow-direct-lithium-extraction-summit-2024/ ), he might be making a byproduct of purified drinking water in the dessert. ( Pun intended with our new CEO Iris Jancik desalination experience )
Great to see Burba's Tetralithium mentioned in the article, Burba is "GOLDEN" in everything he touches from here on out, exciting times ahead.
IBAT is wound tight and will go $1 - $10 with the right P.R.
Who's next, EXXON, OCCIDENTAL, SMACKOVER, SAUDI ARABIA, SOUTH AMERICA, SALTON SEA, EUROPE, PENNSYLVANIA, CHEVRON ? Probably the majority of them in the next couple of years.
Been here since 2017 or 18 and started buying in at .08 cents, starting to think I'm looking at $100 + stock in the next 5 - 10 years.
Time will tell…..
Well it looks like Jacob Warwick/EV Metals loves IBAT that it owns approx 25% of the IBATF shares for itself..Now A new CEO Iris is now at the helm as IBAT moves on to big things globally...PPS will go up in less than 60 days..maybe sooner as commercial production of lithium gets underway nowza in US Mag /IBAT site..IBAT is the way to go..IMO..
Good grief.......75 cents Cdn
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=ca%3Aibat&time=9&startdate=1%2F4%2F2020&enddate=6%2F29%2F2024&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&x=24&y=19&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=ca%3Aibat&time=13&startdate=1%2F4%2F2020&enddate=6%2F29%2F2024&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&x=33&y=25&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
Like ya say - One needs for the (untrackable ?) price of lith to recover
.
Dr.Burba, the Godfather of Lithium and rightly so..stated that There would be no problem obtaining further leases..Bold and IMO..The Truth..Buy Mode on!
Tik toc….It smells like a lot of money next 18 months in IBATF land
KIT NORTON 06/04/2024
Occidental Petroleum and Berkshire Hathaway Energy Renewables agreed to test and deploy technology to extracting lithium from geothermal brine. Geothermal brine is the hot salty water pumped to the surface of the earth and used to produce electricity.
Under the joint venture, the technology from TerraLithium, a wholly owned subsidiary of Occidental, is being tested at BHE Renewables' Imperial Valley geothermal facility. Testing aims to determine whether it can produce lithium in an "environmentally safe manner."
If the test is successful, Buffett's BHE Renewables plans to build commercial lithium production facilities in California's Imperial Valley, the company reported Tuesday. There are also plans to expand beyond the Imperial Valley under the joint Occidental-BHE Renewables venture.
"We are excited to be working with Occidental on this incredible opportunity to make the Imperial Valley a global leader in lithium production," BHE Renewables Chief Executive Alicia Knapp said in the press release Tuesday
Daniel Weinstein
Legal Strategist in Mining, Project Development, and related Corporate matters | Partner at Urzua Abogados I President, Advisory Council, Ministry of Mining
A 49-page report in Spanish. I asked for an English version🤞
Be sure to read ALL the comments, in the link
https://www.linkedin.com/feed/update/urn:li:activity:7203715866180399104/
Just a few hours ago, the Ministerio de Minería de Chile published the answers to the questions made within the RFI process.
Excellent work from the Ministry of Mining and its lithium team, who managed to answer and systematize 335 questions in just 10 days.
Although further analysis is needed, there were no surprises or matters that couldn’t be inferred from the RFI documents or the Ministry’s subsequent explanations.
Interestingly, but not surprisingly, the ownership of mining property will be considered, as stated in answers 9, 120, and 208.
I’m glad this first milestone was accomplished on time by the Ministry. Hopefully, the RFI process and subsequent steps will advance as planned, and by the end of 2024 or early 2025, we will see the first CEOL granted to non-governmental companies.
In the most recent video, Dr.John Burba stated that this current project(US Mag,Utah) will be producing 20 to 40 metric tons of the lithium bicarbonate per year..In Utah! So thats alot more than the originally stated 5 metric tons of lithium ..The upgrading of this former St.Charles plant at the Utah site is highly significant...The more lithium, the more profit....and apparently, US Mag has a mother load of lithium....Lets see what he day brings..
No question the trading today was not good. All bid selling. That 100 block got sold into a bid quick. But…we do have the ball rolling and time is on our Side. This company is much Stronger then Ever. Financing has never so strong. I think another unit is in fabrication already with SHAW imo. See ya tomorrow. It’s thin up
Every time Jacob Warnock, buys his shares his other (Pariste) company gets paid a (the "Structuring Fee")
issuance of 423,912 Common Shares (the "Structuring Fee").
$.75US this week???
Each Unit consists of one common share ("Common Share") of the Company, and one Common Share purchase warrant (a "Warrant"), each Warrant
entitling the holder thereof to acquire one Common Share for a period of two years from the date of issuance for an exercise price of CAD$0.9579 per Common Share. The Private Placement is being completed with EV Metals VI LLC, a private company controlled by Jacob Warnock, a director of the Company ("EV Metals"). In connection with the Private Placement, the Company will pay a structuring fee to EV Metals (or as directed by EV Metals) in
the amount of USD$237,500 (CAD$324,852), payable through the issuance of 423,912 Common Shares (the "Structuring Fee").
Might Bea warrant conversion. But we have a new long
Update..$omeone just bought 100 k shares at $1.08..Wowza..Thats interestingly so positive.Nice Buy Buddy!
I believe they will extract double that 5000 metric tons ..upgraded equipment will provide much higher production levels between 10 to 20,000 metric tons per year..US Mag says there plenty of lithium to do
40 k metric tons per year..Correct me if im wrong..but Burba is buiding a monster facilty at UtahUS Mag plant! Build a house..they will come..IMO..
Much better pick to move forward. She should do well in interviews, with her background.
Prior to joining IBAT, Jancik served as CEO of IDE Americas, a subsidiary of IDE Technologies, a global desalination and water treatment solutions company, where she has been responsible for the development and operations of major infrastructure projects, including San Diego County Water Authority's Carlsbad Desalination Plant in Carlsbad, Calif., as well as other municipal and industrial water treatment plants. An engineer with extensive global contracting and management experience, she holds an M.B.A. in international business from Texas A&M University.
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