International Battery Metals Ltd (IBATF)

[TradingCharts]

New tech coming in hot and much cheaper and lighter than lithium batteries.
And none of us get to invest.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174721811

[D8c00p3r]

You're on that thang again buddy boy

Profitable down to $6/kg low as 100ppm.

Read what you want it's definitely hilarious you're still "here" granted you're "out of lithium" and "called it"

Save that for someone who would believe it, like the candy boy from Louisiana. Have you asked him how that BHE theory is going lately?

Still looking for the salton sea units, I can't see past burba dropping his grace on the Fast Markets conference.

Here's a rabbit - use linkedin for IDE TECHNOLOGIES, trail is hot at #CODELCOSADDN

Janick coming in hot....

If the lithium landscape played out as you said....sayona pumped as you sold, ibat sold off as you took profits and e3 pumped as you bought. Not exactly one to trust beyond a YouTube video per post and a wabbit

[TradingCharts]

Heads up buddy boy I have 400 shares of E3 I have $400 in e3 I spent 3X that on fireworks the other day. I have less than $10K in Syaxf. I have a handfull of ibatf
shares. My only lithium stock I care about is Pilbara, which I bought under a dollar long ago..

I told you 2-years ago lithium prices would crash. I told you and eveyone else on my lithium board I was getting out of lithium.
https://investorshub.advfn.com/LITHIUM-STOCKS-AND-CHARTS-38501

I trade TSLA, NVDA, ENVX, QS, AMPX and others.

Burba says he needs to make $17,000 a ton. Go back and watch the videos. It's not worth my time with the few shares I have.
$9000 a ton won't make anyone money.


I'm here to watch the never ending story.

Production going well? Not sure after IBATF got the notice if IBATF fails they are out 6-months later. IBATF hanging by a thread. That contract is garbage and everyone knows it.

[D8c00p3r]

Ok?

Fact: The unit is on-site currently producing. Simple math on a best case basis 30 days continuous production out of 4k tpa would = 328 tonnes at a rate of 10.96 per day...

given pricing ranges from $10-24/kg depending on who you want to read it from I'd say US Mag and IBAT are doing just fine running the technology to get actual data before "making a production announcement" but what do I know I've only been following IBAT since 2018

Fact: Eramet is on-site currently producing

Fact: E3 has third party technology and will never realize profits because the project is too expensive

Fact: Will need you to fill this one in on how Ensorcia or Burba are responsible for any P&D activity, I can't find those facts.

Fact: BHE & Terralithium are extending to Smackover

Fact: Sayona is a 4x failed project spanning decades.

Opinion: You should take a vacation

[TradingCharts]

Warrents at E3, same thing that took down IBATF.

I would be more concerned about why Daniel Layton is doing a pump and dump video with Burba, when production started..

I'll never buy another share after that foolishness.
https://ceo.ca/insiders?filters%5Bterms%5D=Ibat

[D8c00p3r]

Good to see E3 finally being valued closer to reality.

That PFS is hilarious, glad the Doc is veteran enough to know not to touch a failed project from the start.

These QP can't make a "final" adjustment to their estimates STILL...$30/kg pricing? Really? No wonder banks don't use these reports.

Will be a nice change of tune for DLE once the production numbers come from IBAT and Eramet.

Someone do math on minimum wage for all those Eramet employees and run that against a $15-$20/kg figure. Seems the PR provided OPEX is a bit way off 🤣

[TradingCharts]

It has been a little over 90-days since last update.

News soon???

1:21-cv-01134-NYW-KAS Borgese et al v. Burba et al
Nina Y. Wang, presiding
Kathryn A. Starnella, referral
Date filed: 04/23/2021
Date of last filing: 04/05/2024

[tom16]

Thanks! Enjoyed reading the progress report with expansion plans already at US MAG and additional plans for the Smackover region.
The lack of progress report for item 11 was less pleasing.
Two years and two months of legal wrangling. Seems to be a case of the lawyers looking to maximize their compensation.
Enough...

[TradingCharts]

MONTHLY PROGRESS REPORT
June 2024
https://webfiles.thecse.com/June_Form_7_FINAL.pdf?tcxoidSg7WFWIS0rBn.Wh6whdlOgBzqG
https://thecse.com/listings/international-battery-metals-ltd/

[gregcod]

Well, SQM will choose 2 pilot DLEs now being tested now..Hmmm..IBAT first pilot is currently being tested in Utah at UD Mag Plant for last months..I would assume Burba Tech is one of the 2 pilot DLEs that Diaz/Chile will choose. Sorcia/Daniel Laytons Chilian connections...Im being a little presumptous here..but why not? I believe the fireworks is about to start for IBAT! Burba says 2 to 3 months after the numbers come in for first MDLE pilot Utah plant.. Then we can start waving the Flags..Im waving them Now! Happy Fourth Everyone!

[D8c00p3r]

Happy Independence Day

https://investingnews.com/sqm-direct-lithium-extraction/

https://www.bnnbloomberg.ca/basf-pulls-plug-on-potential-chile-investments-amid-lithium-rout-1.2092191

[tononclegeorges]

........You're on point........Flush 'em out.........

[TradingCharts]

Texas Standard article - Potential lithium boom simmers in East Texas
Posted by Sam Goodman on March 6, 2024
https://gohaynesvilleshale.com/forum/topics/texas-standard-article-potential-lithium-boom-simmers-in-east

Texas Standard: You recently took a close look at the emerging lithium industry in East Texas. Let me first just ask “why?” Why is this part of the state getting attention as a place to potentially mine lithium?

Samuel Shaw: It is getting attention because some of the highest grades of lithium, or I should say the highest grade of lithium sampled anywhere in North America was in deep East Texas, just by the Louisiana border. And then another sample was taken, which was even higher, just a bit west of that in Franklin County, in a formation called the Smackover.

The United States produces just 1% of global lithium. Most of that comes at the moment from Australia, the lithium triangle and, South America and China.

[TradingCharts]

Now I have to look for permits.


We The People!!!
Happy 4th of July everyone.

[TradingCharts]

Nice DD from another board.

HuntBigGame
Yesterday 11:52 AM

@ImTC fellow IBAT investor…looking at Warnocks assets through Silvercreek…and when Burba mentioned “East Texas” as a spot where they had a lithium rich brine opportunity - it’s got to be Haynesville

Lithium discovery potentially big enough to power 50M EVs fuels Louisiana land interest
https://www.shreveportbossieradvocate.com/business/lithium-discovered-in-arkansas-and-texas--is-louisiana-next/article_b6d6658c-d1d7-11ee-b730-53bb0dad49ef.amp.html

[TradingCharts]

This is why Jacob-warnock bought shares in IBATF. He was given a Director seat for what he and his companies bring to the table.

I hope they have good PPM numbers 🙏
And Permit process has started months ago. 🤞
https://www.silvercreekresources.co/
About Us💖

Silver Creek Resources is a privately-owned company that buys oil and gas mineral and royalty interests in oil and gas basins across the United States.

Silver Creek's team of landmen, engineers and geologists have decades of experience working with mineral owners.

Mineral owners choose to sell to Silver Creek because we are easy to work with, professional, and treat people fairly.

Silver Creek is interested in deals of any size, whether producing or non-producing.

Areas of Interest
https://www.silvercreekresources.co/

Wells Operated By Silver Creek Resources, LLC
https://www.texas-drilling.com/operators/silver-creek-resources-llc/781908

People you may know
Scroll to bottom of page and click on names. Silver Creek Resources, LLC
and see people working for Silver Creek Resources
https://www.linkedin.com/company/silver-creek-resources/people/

[gregcod]

Brent Wilson/Galvanic Energy sold a lithium swat of high grade 1,200 acres to Exxon Mobil..That samckover brine was perfect temp and required no heat exchangers..so the cost of producing lithium is greatly reduced.Exxon will cut a deal with Burba especially after the testing validations by SLR..and Greg Mehros Group and others..all I can say is that im buying as much as possible..dont want to sell any classic fishing reels..but if I have too I will! the price is right..

[tononclegeorges]

.......Ahhh.......the pervasive stare........

[tononclegeorges]

......Shared the same experience......777s close to lining up.......Continue to be attentive and accumulate !.......

[gregcod]

Bet On Burba !! Im still buying again this week..Safe Bet.Safe Water/environment with the IBAT process.The Early Bird Gets the Worm.Going Yard for $ure.IMO.Explosive news will make the pps over $6 in a heartbeat...IMO.Quarterly reports out yet?..Testing results of Utah plant are positive ?...Then the offers/money will come..Exciting times ahead..IMO..US to get off Chinese lithium dependency for this precious metal and other metals as well..Game changer..Maybe.. This will shape the way all metals are mined... in an environmental sound way..Cost effective.No harmful chemicals used in the process.. Little water used.. Cost of movable/modular IBAT plant is 20 to million, only 2.3 acress with no foundation needed..Soon a plant can be up and running in a year or ss..Perfecting this tech will bring multiple contracts soon..Let the Kracken be released!

[TradingCharts]

Thank you, Harbor6460

This will help the permit process.
https://www.scotusblog.com/2024/06/supreme-court-strikes-down-chevron-curtailing-power-of-federal-agencies/
Supreme Court strikes down Chevron, curtailing power of federal agencies
on Jun 28, 2024

In a major ruling, the Supreme Court on Friday cut back sharply on the power of federal agencies to interpret the laws they administer and ruled that courts should rely on their own interpretion of ambiguous laws. The decision will likely have far-reaching effects across the country, from environmental regulation to healthcare costs.

[Harbor6460]

Read it from 1st post till last. I was able to sneak in free somehow again. Burba has things lined up

[Harbor6460]

Burba said the numbers from US Magnesium should be coming in over the next two to three months. "Once we're through startup phase, and it's run for a reasonable amount of time, we'll start waving the victory flags."

[Harbor6460]

A transportable plant would be especially beneficial for the large fields in the Smackover formation in Louisiana, Texas and Arkansas, said Burba, because it would negate the need to construct expensive pipelines to handle the brine. Because of the lower cost of the facility, lithium in the 200 to 350 parts per million range could make a good return on the investment, versus the 600 ppm more traditional companies are seeking.

What about required permits? Like the lithium royalty structure, they are still unknown. However, Burba confirms a discussion in Texas was very hopeful. "We've been talking to several different groups interested in working with us. Because we are not putting foundations in, we're not burying pipe, it's all transportable, the Railroad Commission in Texas has indicated that it's essentially the same thing as drilling equipment. It's kind of a non-event."

[Harbor6460]

Burba touts two big benefits to the IBAT process. First is that no acid-based chemicals or solvents of any kind must be used. Second is that very little water is used. Of the water that is used, Burba says roughly 98% is recycled to use again. "When the water goes through the system it is clean water like drinking water and the solution that comes out is this high concentration lithium chloride solution with some impurities. The water is just recycled right back into our loop. We'll get about 10% to 14% lithium chloride solution. We would use a small evaporator to get the water out of it, boost it up to about 36% for shipment and then condense that water."

More traditional modes of lithium extraction — hard rock mining and evaporative mining — use "astronomical" amounts of water, and the water that is left over, Burba said, is filled with contaminants.

[Harbor6460]

The plant at US Magnesium took a couple of months to set up. "Now we're in testing, we've commissioned it and are just entering startup. I'm anticipating it going full out in another 4 to 6 weeks. From the time we set the equipment down to having it up and operational was less than 6 months." Burba said the transportable plant is a fraction of the price of a traditional plant, and it can be moved afterward.

Next comes the Direct Lithium Extraction, and IBAT's patented processes. This is where it gets complicated and Burba's inner physical chemist professor comes out. The process is an absorption system "that uses a crystalline material that has very tiny holes within the structure of the compound and lithium can go into the holes — when you wash it in the water, it comes out in the water," Burba said. Lithium, which is the smallest metal ion in the periodic table, is the only thing that will fit in the holes.

[Harbor6460]

Direct Lithium Extraction — or DLE — is not new or unique. It's the process of capturing lithium ions and separating those ions from the other — often nasty and dangerous stuff — they are in. Because brine is so toxic and so corrosive, the plants that distill the lithium are built near the source of the brine so it will not have to be transported. Remember that brine is so highly corrosive it is normally kept out of trucks and pipelines.

IBAT has developed a modular, transportable plant that can be set up on under two acres of stable soil, with no concrete foundations or dozens of construction workers or days off for bad weather. "A traditional plant will typically take 4 to 6 years to build," Burba said. "We built this plant in 10 months. If you roll engineering and procurement into it, you're probably 16 to 18 months, all in. Once we're really locked down on all our basic engineering, it will be less than a year. That is a huge time to market advantage."

[Harbor6460]

It is somewhat ironic that lithium, now one of the world's most highly sought after minerals, is now being found in brine, a product once considered mostly worthless that is generally injected back into the ground to make it "go away."

Dr. John Burba
Dr. John Burba, founder and chief technology officer at International Battery Metals.
Courtesy International Battery Metals
For the past several months, Dr. Burba has been on and off in Salt Lake City, Utah at US Magnesium with 35 trucks driven from The Shaw Group's fabrication yard in Lake Charles. The Shaw Group and Burner Fire Control in Lafayette built a prototype that IBAT is now testing in Utah, a prototype that changes almost everything about the type of facility needed to extract lithium as well as the way it is extracted.

With all the competing press releases dropping on a weekly basis about "New!" "Better!" "Best!" lithium technology, being heard above that fray is a challenge. "We're a startup company, we're small, our balance sheet is pretty skimpy. It's new, and you get this 'How do I know this is really going to work?' I think what we're demonstrating with US Magnesium is going to be a giant lift for us." Burba believes it is the proverbial better mousetrap

[Harbor6460]

The world's largest producer of lithium and a player in the north Louisiana/Arkansas Smackover Formation says that current lithium prices — which have fallen to a low not seen since 2021 — are "unsustainable" and cannot support spending on new plants, Bloomberg reported this week.

Officials with Albemarle Corp., which has a plant in Magnolia, Arkansas that is focused on the lithium play, made the comments at an industry conference in Las Vegas. But though current prices are down, Albemarle CEO Kent Masters said that long term growth for the "limited supply" of lithium — used in batteries that power the growing electric vehicle market worldwide — is "significant."

The timing of lower lithium prices and concern over the costs of traditional lithium plants could be a jump start for International Battery Metals, or IBAT, based in Houston, Texas.

Physical chemist Dr. John Burba is the the founder and chief technology officer for IBAT. His life has been a study of how and why chemical reactions work, and his focus for 40 years has been on lithium and salt water brine — a drilling by product that contains minerals and other far more environmentally hazardous contaminants such as salts, oil, and drilling injection water. Lithium has been found in quantity in Arkansas and Texas, and the same geological formation — called Smackover — extends into north Louisiana. Mineral consultant Skip Peel tells The Shreveport-Bossier City Advocate that the brine in the north Louisiana Smackover is not only caustic but also contains dangerous hydrogen sulfide.

[Harbor6460]

That’s weird. When I went on Twitter it said the same thing but I was able to read the article but I didn’t try the audio. I assumed it was the same. Let me see if I can Copy article

[TradingCharts]

Thanks Harbor6460 It has a $12 fee for me.

Is Albemarle part of the article?

Edited:
It changes everytime I click on the Link, it got cheaper 🤔

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$1

Start the video at the 1-minute 40-second mark.
Sen. Joe Manchin (I-WV) questioned Treasury Secretary Janet Yellen about the implementation of new electric vehicle credits,

[Harbor6460]

https://twitter.com/i/redirect?url=https%3A%2F%2Ftwitter.com%2FMasonIsMyName%2Fstatus%2F1806727475671474637%3Fcxt%3DHBwWmoexlaLE5JIyAAAA%26cn%3DZmxleGlibGVfcmVjcw%253D%253D%26refsrc%3Demail&t=1+1719625512791&cn=ZmxleGlibGVfcmVjcw%3D%3D&sig=f0b35a09f047d538480ed311a1af18f336a01139&iid=094ab98c0ad14b77b585c9c8aa6d4193&uid=3257135525&nid=244+272699400

Interesting Article posted on Twitter.

[Oleblue]

If you want to delve deeper into environmental aspects and mining permits in Chile, and discover how they have evolved in the last 40 years, this text is for you. Based on the last course taught at the University of Chile, we offer you a detailed and updated vision of this important topic.

View profile for Mirco Hilgers, graphic
Mirco Hilgers

Lawyer | Partner at Baker McKenzie | Energy Mining Infrastructure | Master in Business Law | Mining Law Professor |
7h

https://lnkd.in/enr2_Cda

Yesterday I had the honor of participating in the last module on the Chilean Mining Code, reviewing the recent reforms 40 years after its promulgation, with a special focus on environmental aspects and the permit system of the University of Chile. These modifications are fundamental for the future of the mining industry.

It was an exceptional event that allowed me, as a teacher, to connect with prominent professionals in the Chilean mining sector, former colleagues and, of course, some brilliant students.

I wish to express my sincere gratitude to all the participants, especially to the illustrious professors Cristián Quinzio, Maria Paz Pulgar and Abel Piñones, whose collaboration was essential for my participation.

A special thank you to lawyer Jose Tomas Gutierrez Ginesta, whose dedication and care in preparing the materials for this exhibition were invaluable. 💪

Thank you all and I hope to see you next time. 😉
See contents and program of this Course - UCHILE Law

[TradingCharts]

Mirco Hilgers

Lawyer | Partner at Baker McKenzie | Energy Mining Infrastructure | Master in Business Law | Mining Law Professor |
https://www.linkedin.com/feed/update/urn:li:activity:7212159734261395458/

If you want to delve into the environmental aspects and mining permits in Chile, and discover how they have evolved over the last 40 years, this text is for you. Based on the last course taught at the University of Chile, we offer you a detailed and updated vision on this important topic. 💡

Does any tech person know how to translate the info in link???

[TradingCharts]

You
Iris Jancik

Copilot
Using
the web
Iris Jancik is a seasoned water professional who has held significant leadership roles in the water industry. Let me share some details about her career:

CEO of IDE Americas:
Iris Jancik served as the Chief Executive Officer of IDE Americas, a subsidiary of IDE Technologies, a global company specializing in desalination and water treatment solutions.
During her tenure, she was responsible for developing and overseeing major infrastructure projects, including the Carlsbad Desalination Plant in California, among others1.
IDE Americas focuses on providing safe, sustainable, and environmentally friendly water solutions in North America.
New CEO of International Battery Metals Ltd (IBAT):
Iris Jancik has recently been appointed as the Chief Executive Officer of International Battery Metals Ltd (IBAT).
IBAT specializes in modular direct lithium extraction (DLE) plants, and Iris will lead the commercial expansion of their patented DLE technology.
Her expertise in water management and infrastructure projects will likely contribute to IBAT’s growth and innovation.
It’s impressive to see how Iris Jancik’s experience spans both water technology and lithium extraction. Her leadership will undoubtedly make a significant impact in these critical fields! 😊🌊🔋

[TradingCharts]

Rate this translation
https://www.linkedin.com/feed/update/urn:li:activity:7211749913057996800/

Our Direct Lithium Extraction Technology has been certified by several institutions and has proven to be remarkably efficient in separating lithium and chlorine with brines of different qualities and locations around the world.
In this way, this technology allows more lithium to be produced, with lower production costs and less brine extraction. It should be noted that, in addition, it is capable of re-injecting up to 92% of the remaining brine (without lithium and chlorine), thus reducing its environmental impact to almost a minimum.

hashtag#Lithium hashtag#LitioChile hashtag#ExtraccióndeLitio hashtag#LitioSustentable

[tononclegeorges]

....Yes.....the likely answer from the... "Engine That Could"....

[D8c00p3r]

Not exactly sure but, he is able to not be needed while his automated bread maker sets global standards from one of the most difficult and complex brines on earth.

Confident enough to hit the UK during comission startup and production time.

Position A.

Alternatively 2.5b for e3 Clearwater capex hahahahahahhahah

[Oleblue]

I wonder if Dr Burba could build a unit to process toxic mine tailings?

That is a hugh problem with toxic tailings ponds over flowing and causing a lot of damage.

[Harbor6460]

Agreed. Knowing we got financed again to expand unit makes me Excited. He sees 1st hand the workings. If it looked like a mess then we wouldn’t get the money. I say by September you gonna see some serious videos of this thing in action. The way the stock is holding up makes me think they are loading again at this price. Next stop 1.80 in no time imo

[le-bon ton-roule]

IT'S ALL GOOD !!! Typical "TURNAROUND" oil refinery term. It always takes time and can be done onsite and more complex modifications are having to be fabricated at Shaw and expedited to US Mag.
Turnarounds are almost always behind schedule and not considered completed until everything is 100% and works as advertised.
ie: heat trace needs to be installed, big ass pipe has to be bent at Shaw, instrumentation / automation has to be installed and programmed at all valves, temp sensors, flow switches by electricians, pipefitters, priming and painting… operating engineers, maintenance crew trained for 2 or 3 work shifts…

[gregcod]

This Baby is going to run soon.IMO.Mark or sticky this post..Just a solid hunch...We will see $6.00 per share.soon..A Run on good news is all it takes.Lithium is going to be produced at US Mag Utah plant..in numbers higher than ya think..More clients to sign..and Boom!!$$

[gregcod]

This US Mag plant is of so great of importance..All eyes are watching..Burba is ready to take his rightful place in the DLE Lithium extraction business.The green technology that IBAT is about is first and foremost in DLE for lithium..and more.. We wait for testing results..start producing lots of lithium..and secure more contracts..The world will be a better place.IMO.

[Oleblue]

What about Forward Water Technologies? Do they have a viable system?

[gregcod]

Today, Barchart opinion has upgraded IBATF back to 100% BUY rating..Any good news could trigger a run ..

[gregcod]

Burba not pumping his company.. Does not need to...He knows what he has. He is quietly going about the expansion of the former St.Charles plant..& taking good care of US Mag..IMO.The testing results will be outstanding.Production of lithium=revenue....and as we know..You build a house..They(Big Oil) will come..IBATS DLE tech can handle all types of brines..and we know all the rest..The ducks will be multiple lining up.IMO..TCB, Elvis wore that huge gold ring..it stands for Taking Care Of Business..and Burba is doing just that..Buying Mode...as always for me w this stock..

[Oleblue]

He is probably trying to find the off switch with lithium overflowing onto the floor.😀

Weekly Chart

[TradingCharts]

2 HOURS AGO-VANCOUVER, BC and HOUSTON, June 20, 2024 /PRNewswire/ - International Battery Metals Ltd. (the "Company"), is pleased to announce that it has completed a subsequent closing of its previously announced (April 26, 2024, and May 31, 2024) strategic private placement (the "Private Placement"). Pursuant to the Private Placement, the Company issued 11,478,246 units (each a "Unit"), with each Unit being issued at a deemed price of CAD$0.76632, for aggregate proceeds of USD$6,430,772 (approximately CAD$8,796,010).

The Private Placement was completed with EV Metals VI LLC, a private company controlled by Jacob
Warnock, a director of the Company (“EV Metals”), and funds and accounts managed by Encompass
Capital Advisors LLC (“Encompass”). Encompass is participating in the Private Placement pursuant
to certain pre-emptive rights granted under the terms of an Investment Agreement dated effective April
21, 2023.
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”)

The proceeds of the Private Placement will used by the Company for expenditures to increase the
production capacity of its modular direct lithium extraction plant (the “DLE Plant”) contracted for
operations in the western United States as previously announced on January 11, 2024 and May 6, 2024,
and for general working capital purposes. The expanded production capacity will be achieved by
adding an additional modular set of extraction columns into the existing framework. In order to
manage the increase production, the Company will also increase the size of the filtration and reverse
osmosis units.

https://webfiles.thecse.com/IntlBatteryMetals_0620.pdf?Qv9yuWxl1srWhmdVeKCMLTzEcI8gIQra
https://thecse.com/listings/international-battery-metals-ltd/

[TradingCharts]

La paradoja del litio:¿Electromovilidad a qué costo?
June 19, 2024
https://www.linkedin.com/pulse/la-paradoja-del-litioelectromovilidad-qu%2525C3%2525A9-costo-rodrigo-dupouy-hjh1e/?trackingId=Hm9CcMYtUQ4iGyo1UeOppg%3D%3D
Translation

The transition to electromobility is one of the fundamental pillars for a cleaner and more sustainable future. In this context, lithium emerges as the undisputed star, being the main raw material for the manufacture of batteries used in electric vehicles and other energy storage devices. However, the question we must ask ourselves is: what is the environmental cost we are willing to pay to obtain it?
Lithium extraction, either from hard rock or through gigantic evaporation pools in salt flats, has been shown to have a significant environmental impact. According to a recent study by the bank J.P. Morgan , Australia currently produces 354 thousand tons of lithium carbonate equivalent per year, followed by China with 229 thousand tons and Chile with 215 thousand. Between the three countries, they dominate practically all the world's lithium production, and in all of them the extraction process is, at the very least, unfriendly to nature.
Delicate ecosystems, especially in regions such as the Salar de Atacama in Chile, are severely affected by the extraction methods that are used. A study by the Directorate of Scientific and Technological Research of the Pontificia Universidad Católica de Chile (UC) (Dictuc) estimates that the production of one ton of lithium carbonate generates up to four tons of greenhouse gases. In addition, the massive extraction of brine, which is not replenished to the salt flat after lithium separation, adds one more layer of concern. Everything evaporates. Nothing comes back.
The solution is not to abandon lithium production, as its role in reducing carbon emissions is undeniable. However, it is critical that both public and private actors understand and prioritize the development of projects that use more sustainable technologies. It is possible to produce more lithium with a lower environmental impact, and that is the key to a truly sustainable future.
That is why we need to approach lithium extraction with a sustainable vision. Direct Lithium Extraction (DLE) technology is presented as a viable and realistic solution, because it means more efficient production, with less consumption of resources and with the reinjection of a large percentage of the remaining brine into the salt flats from which the lithium was extracted, which means returning water and microorganisms to the ecosystem.
President Gabriel Boric, in his speech on April 20, 2023, highlighted the challenge for Chile to become the world's largest lithium producer by 2030, stressing the importance of advancing in "the use of new lithium extraction technologies, which minimize the impact on the ecosystems of the salt flats." Science and technology, as crucial tools, will allow the development of the best extraction techniques.
Lithium extraction must be as environmentally friendly as its fruits are expected to be: more sustainable energy production and storage. The urgency is real, and the path towards responsible electromobility involves adopting and promoting technologies that allow a balance between development and environmental preservation

[tom16]

EV Metals still willing to fund an additional private placement allowing IBAT to purchase capacity expanding components for their US Mag location. I feel better