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Well Galvanic Enery sold 100,000 acres of lithium bearing land to Exxon Mobil..along with another 6,000 acres in Arkansas that Exxon Mobil owns as well..Total of 106,000 acres of Lithium..IBATs is quick to market/low cost /environmentally friendly../ 97% percent recylcle water..No chemicals. 2.3 acres of land needed for extraction plant ..Those permits for lithium extraction will come as IBATs tech provrs to be the premier DLE...MDLE...Commercially Proven by Two of the worlds best for testing /mining results..Now on center stage is Burba/IBAT with our western US partner.term sheet contract that will be finalized ..$oon..Revenue here we come..
Well, its quite probable that Exxon Mobil took the SLR and Brent Wilsons Validation/ high approval of IBATs MDLE plant in St.Charles along with the Greg Mehros Groups testing and independant private testing/evaluation seriously..and that smackover brine is at the perfect low cost extraction opportunity because the smackover brine/all those valuable lithium bearing acres... that Galvanic Energy/CEO Brent Wilson sold to Exxon Mobil are a perfect temperature(200 degrees Celcius)..perfect fit.... besides all the other obvious advantages to IBATs patented MDLE Tech..No Doubt, Burba dealing with Exxon and vice versa..IMO..as well as others apparently..Multiple Deals for IBAT Tech/plants seem highly probable..Now...as the early bird gets the worm..Exciting times ahead.IMO..and that plant in western US will be extracting Lithium before July..probably by May....
Well, its quite probable that Exxon Mobil took the SLR and Brent Wilsons Validation/ high approval of IBATs MDLE plant in St.charles along with the Greg Mehros Groups testing and independant private testing/evaluation seriously..and that smackover brine is at the perfect low cost extraction opportunity because the smackover brine/all those valuable lithium bearing acres... that Galvanic Energy/CEO Brent Wilson sold to Exxon Mobil are a perfect temperature(200 degrees Celcius)..perfect fit.... besides all the other obvious advantages to IBATs patented MDLE Tech..No Doubt, Burba dealing with Exxon and vice versa..IMO..as well as others apparently..Multiple Deals for IBAT Tech/plants seem highly probable..Now...as the early bird gets the worm..Exciting times ahead.IMO..
Reuters also reported last month that Exxon has held talks with International Battery Metals about licensing DLE technology.
https://finance.yahoo.com/news/exxon-mobil-talks-tesla-ford-181722691.html
Exxon Mobil
I might have Nailed it, I mentioned a while back Exxon didn't want a mdle the wanted a lithium refinery with numerous pjpe lines...
IMO..I believe that there will come a time that all will be buying on the ask big time soon..
My Mistake..I meant EVL Holdings, LLC...Not EV Metals.. as the company with those placement shares for 2 million financing for IBATs ongoing expenses at the new site of the former St.Charles IBAT plant, now relocated to ist contract customer in western US..? EVL Holdings will be up to placing another 18 million after this first round... All I can say is that we have to let this baby unfold to uplist and become a Nasdaq company.Out of the OTC1 is where we will be soon.IMO.
iI will say that those 2.8 million shares of IBATF will garner alot of money to EV Metals concidering those shares are priced at .73..Wowza profit for our financier..18 more million more they will loan out to Burba..IMO...Speaks Volumes..
Lithium the critical mineral used in lithium-ion batteries to power cellphones, laptop computers and electric vehicles is abundant in the brine processed at BHE Renewables' geothermal facilities. BHE Renewables' demonstration project to produce battery-grade lithium carbonate is expected to be on-line in 2023. Upon successful completion of the project, construction of the first commercial plant could begin as soon as 2024, leading to an environmentally responsible domestic source of lithium. The energy used for lithium production is 100% renewable.
BHE Renewables is developing three geothermal power plants totaling 377 megawatts near its existing facilities in Imperial Valley. The plants are expected to be in-service in June 2026.
Oh my, facilitieS and plantS...
Date Issuer Insider Transaction Amount New Balance ?
Recent filings
Filed 2024-04-10 14:28
Tx date 2023-10-27 $IBAT
International Battery Metals Ltd. (formerly, Rheingold Exploration Corp.)
EVL Holdings, LLC
3 - 10% Security Holder of Issuer
Direct Ownership
Common Shares
11 - Acquisition or disposition carried out privately $2,045,120
+2,800,000 vol
$0.73 each 27,933,175
https://ceo.ca/insiders/llc-evl-holdings
The Most Valuable Plot Of Land In America
Doug Morgan likes this.
Interesting???
https://www.linkedin.com/in/doug-morgan-6b0b942a/recent-activity/reactions/
the stage is being set up in more than 1 place.IMO..Argentina/Lexi/Ensorcia/Chemlys/IBAT/EV Metals financing placement money being used..Contract clients may be multiple in no time..upcoming months and deals to be made as we race to be extracting LiBi by Junes End for the start of revenue/ royalty/rental fees..leasing the tech..buying of these MDLE plants..Lots of things going on behind the scene..Nevada/Albamarle?? US Mag?? Soon our first contract client will be named..but I am happy about the new patent being approved on 03/20/2024..Prd quietly but acknowledge by Burba and US Patent Office.All good here ...
Great Post Trader! US Mag is No Joke!
US Magnesium LLC, a privately traded North American continent largest magnesium producer, prouced 92,000 metric tons per annum, and also produces 9,000 metric tons of lithium bicarbonate per annum already as well..All points to who is our contract partner is??....US Mag LLC is a Biggie in Utah..Has been doing business in Utah for decades..and our quite an environmentally concerned company which the state of Utah has no problems doing great business with....IBAT is a perfect fit..and if the shoe fits, wear it..The house ( IBAT plant) is already relocated(Western US) and being upscaled to 8,000 metric tons per annum capability..We have a term sheet partner .The details of the signing will be completed according to their plan.. Permits for US Magnesium LLC being in place seem logical for this Utah based company..A Leader for sure..IBAT Looking Good Elsewhere in Argentina and Chile Too..
Thanks for the info, hope all is well.
Looks like we're getting close to seeing who will be the outstanding customer with facilitieS ?
1. Why would U.S. Mag want to pay IBAT royalties for a MDLE now when U.S.Mag has 100 square miles of spent Lithium Salt leftover after extracting the magnesium out of it all these years. Maybe down the road after the 15 years plus of lithium stock pile is depleted U.S.Mag would need a MDLE and retool the carbonate plant from lithium salt to liquid lithium brine with new permits ( not going to happen). Plus Utah just changed all the mining and water permits laws at the beginning of 2024, other potential lithium extraction companies in Salt lake pulled out leaving only Lilac to start from scratch and U.S. Mag grandfathered in for lithium salt only.
"U.S Magnesium stated it has the availability of enough stockpiled byproduct salts to feed the lithium carbonate plant for over fifteen years in the future, combined with minimal geopolitical risks, provides a stable source of lithium products for both the short and long term."
Not worth Burbas time with 50 ppm and brine that has to be heated.
"The reason the Waterleaf outfit requires all that water, Sully said, is because the concentrations at the Great Salt Lake are relatively small — 50 parts per million versus 1,000 parts per million or more found in brines harvested in South America, where Lilac is starting from scratch.
2. Alblemarle, I can't see them leasing a DLE from IBAT when they have R&D for their on DLE.
Aug 4, 2023 — Albemarle is building an Arkansas facility to test its version of direct lithium extraction (DLE) technology with the goal of eventually ….
https://www.albemarle.com/offerings/lithium/resources--recycling/lithium-resources
March 7,2024 Salton Sea
direct lithium extraction process was validated on the pilot scale skid with synthetic brine resulting in direct production of lithium carbonate. Extraction of lithium from geothermal brine provides several advantages. At a high temperature, lithium-rich fluid is pumped to the surface, heat is removed from the brine and used to drive a turbine to produce electricity, and lithium is extracted from the brine before the spent brine is reinjected underground. The estimated cost of direct lithium extraction is on par with that of hard rock-based lithium production processes. The direct lithium extraction process permits the rapid processing of brines and extraction of lithium with high recovery efficiency taking hours instead of months and is environmentally friendly compared to conventional production processes.
Some will never understand what's about to happen here
He's a Trump fan, smart guy😎
le-bon ton-roule, I think you might have the right company.
Doug does not post but he leaves comment link here.
They need a DLE ASAP.
https://www.linkedin.com/in/doug-morgan-6b0b942a/recent-activity/comments/
Doug Morgan
Senior Engineer at US Magnesium
1y
https://investorshub.advfn.com/uimage/uploads/2024/4/9/zfgmyDoug.png
Doug Morgan, Senior Engineer at US Magnesium
Senior Lithium Engineer
US Magnesium · Full-time
Mar 2023 - Present · 1 yr 2 mos
Rowley, UT · On-site
Lithium production from Mg Cell Salts.
Lithium recovery from Great Salt Lake brines.
https://www.linkedin.com/in/doug-morgan-6b0b942a/
Resent brine hire... Interesting the date...
Mar 2023 - Present · 1 yr 2 mos
You
Who buys US Magnesium LLC Litium Carbonate?
Copilot
Sumitomo Corporation, a major Japanese trading company, has an exclusive distributorship agreement with US Magnesium LLC for lithium carbonate. This agreement allows Sumitomo Corporation to sell USMag’s lithium carbonate in Japan, Korea, and China1.
Lithium carbonate is a crucial raw material used in the production of lithium-ion batteries, which power automotive batteries, laptop PCs, and other mobile devices. Additionally, there is strong demand for lithium carbonate in industrial applications, including as additives for thermal glass and other glass products, as well as absorbents used in refrigerators1.
USMag’s newly commissioned lithium carbonate facility, located on the shores of the Great Salt Lake in Utah, was built within its existing manufacturing complex. Brine water from the Great Salt Lake is concentrated in solar evaporation ponds, purified, and electrolyzed to produce magnesium metal and byproduct mixed salts rich in lithium chloride. USMag is the largest single-site magnesium producer globally and is now processing these lithium-rich salts. Notably, the use of previously generated, concentrated, and purified byproduct salts eliminates the need for certain mining operations, minimizing the environmental impact of the lithium business. The utilization of natural solar energy for concentration in the evaporation ponds further reduces the need for fossil fuels in the process. These factors contribute to a low-cost profile compared to traditional lithium producers12.
Sumitomo Corporation’s collaboration with USMag ensures a stable source of lithium products for both the short and long term, supporting the growing demand for hybrid and electric vehicles and other technological applications1. 🚗🔋
Does US Magnesium LLC in Utah have a lithium permit?
(Looks like they could use a DLE.)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174207421
TSXV:LEXI / FR:LO9 / OTC:LXENF LITHIUMENERGI.COM JUNE 2023
https://lithiumenergi.com/wp-content/uploads/2023/06/LEXI_Corporate-Presentation_June_23-FINAL.pdf
PAGE 6
Fully funded 10-well exploration
program and geophysics campaign
(Antofalla North & South projects)
NI 43-101 resource estimate study
expected Q4 2024
Signed contracts with two first-rate,
proven direct lithium extraction
(DLE) technology providers
Page 23
CONTRACTUAL AGREEMENTS
LEXI has entered into contractual agreements with two of the world's leading DLE providers, IBAT (MDLE) and IBC
(DLP), to provide the company with the technology it needs to unlock its lithium potential.
4 hours ago Monthly Progress Report-March
Nice PR???
June is expected production. Acceptance testing and commissioning until we hear otherwise.
Need a sharper eye than mine to find anything new in the just released monthly summary. One thing that I definitely don't see is any $$$'s. Maybe next month.
I forgot about "Good Friday".
Tonight after close???
https://thecse.com/listings/international-battery-metals-ltd/cse-filings/
I painted the chart end of the day, yesterday.
I hope the MM's leave me be, I've been warned in the past...
IBATF
INTERNTNL BATTERY ME
Filled
Buy 1,000
(All or None)
Limit $0.7351 Day
$0.7351 3:57 PM 04/08/2024
Hit back with facts.
I would think someone from Sorcia Minerals would go.
Burba, has a project he is working on it takes time to fine tune, I'm sure he will be busy..
https://investorshub.advfn.com/uimage/uploads/2022/6/28/hgisqnew_plat_pic.png
???
https://investorshub.advfn.com/uimage/uploads/2024/2/23/wxbiuthumbnail_image.png
I see Terralithium is a sponsor.
https://www.argentina.direct-lithium-extraction-show.com/
I wonder if Berkshire or if Terralithium has been involved in acquiring property either on their own or with partners in Argentina?
Do You think Dr.John Burba will be present at that Argentina Event?..We wait for the monthly in meantime..Patience Grasshoppers..
Direct Lithium Extraction Argentina 2024
Event by PRODUCED WATER MANAGEMENT
May 13, 2024, 6:30 AM - May 14, 2024, 3:00 PM (your local time)
Buenos Aires, Buenos Aires Autonomous City, AR
Event link
https://www.argentina.direct-lithium-extraction-show.com
2 attendees
https://www.linkedin.com/events/directlithiumextraction20247171984993307541504/about/
Monthly should be out end of the day.
I wish I had a Drone to fly over the plant where our contract client is somewhere in Utah(US Magnesium??)...to take pictures of whats going on progress wise with the Upgrade thats taken place to increase the output of LiBi from 4000 metric tons to 8000 metric tons per year..just wishful thinking out of the box waiting for news of substance..or pictures of the plants new location here..
Plain English "existing us carbonate producer" there are only 2 in the United States. Western was an added bonus.
..........If used accurately...........no matter the source.........
Language is clear. Words matter
............Until proven, all considered true is conjecture............
...........le-bon............well considered and presented..........
Maybe I'm reading too far into "IBAT will immediately begin mobilizing the MDLE plant to the customer’s site where it will be integrated into existing production facilities."
And
"The Customer is a significant producer of metals and minerals including the production of battery grade lithium carbonate."
There are only 2 carbonate producer in the United States. Both are Western United States- Albermarle at Silver Peak & US Magnesium LLC in Utah.
I have listed who I think and why they might be IBAT "OUTSTANDING CUSTOMER" with facilitieS, plantS and other metals and minerals.
The potential list is only a handful out of the 50 plus lithium brine / lease resources in the Western U..S. who can go into production now.
Salton Sea could meet nation's lithium demand for decades, study finds • Nevada Current
https://nevadacurrent.com/2023/11/29/salton-sea-could-meet-nations-lithium-demand-for-decades-study-finds/#:~:text=Three%20companies%20%E2%80%94%20Berkshire%20Hathaway%20Energy,Salton%20Sea%27s%20rich%20geothermal%20resources.
1a.https://www.albemarle.com/offerings/lithium/resources--recycling/lithium-resources
Clayton Valley Silver Peaks.
Alblemarle, can't see them leasing a DLE from IBAT when they have R&D for their on DLE.
Aug 4, 2023 — Albemarle is building an Arkansas facility to test its version of direct lithium extraction (DLE) technology with the goal of eventually ….
1.https://www.cthermal.com/projects
Salton Sea. They are already working with potential DLE
2. https://www.esminerals.com/atlis
Salton Sea. They are already working with potential DLE
3. https://www.brkenergy.com/our-businesses/bhe-renewables
Salton Ses
My favorite choice for where the MDLE might be, Berkshire checks off so many blocks making them a "outstanding customer"
Ever since the Jan 11 IBAT P.R came out, talking about facilities and plants in plural stood out immediately to me. I might be reading to much into the plural "S" but Berkshire is the only lithium resource in the Western U.S. to use
facilities and plants openly on their websites along with IBAT now. Subtle subliminal message…
“Our MDLE Plant is the industry leading direct lithium extraction technology available today. We are very excited for this opportunity to reach full commercialization and look forward to future developments with our outstanding Customer,” commented John Burba, Founder and Chief Technology Officer.
"my take on future developments with outstanding customer. Berkshire has 10 geothermal plants, hook up first mdle to one geothermal plant to prove it works as advertised and they will need 9 more mdle for future developments"
“We are very pleased with achieving this significant milestone for IBAT. The opportunity to integrate our MDLE Plant with a Customer who has existing production facilities is an outstanding outcome, accelerating the full commercialization of our technology and achieving meaningful product revenues” Garry Flowers, Co-Chief Executive Officer added.
Berkshire Hathaway Energy, the sprawling holding company with multiple subsidiaries, including NVEnergy, already operates 10 geothermal power generating plants on the southern shore of the Salton Sea, and recently commissioned a pilot facility to test the feasibility of extracting lithium from brine.
Salton Sea has a GOLDILOX BRINE ON STEROIDS.
It was just confirmed at the end of 2023 to have the largest geothermal lithium brine resources in the world with the highest lithium ppm in the U.S. The brine temperature is over 1000 degrees which is perfect for making steam to run the geothermal power plants and the super hot lithium brine would probably need additional cooling towers to get the temp down for the MDLE. Cooling towers will be a lot cheaper than having to heat the lithium brine up continuously like other potential outstanding customers in the Western U.S like U.S. Magnesium and Albemarle, their lithium brines will need an expensive source of heat to heat the lithium brine to a sweet spot before processing through IBAT MDLE and their ppm is nowhere near the Salton Sea ppm levels.
Burba knows what he's dealing with since he spent his Simbol years creating a valuable learning experience at the Salton Sea.
Companies are racing to mine in California's 'Lithium Valley'
https://www.thecooldown.com/green-tech/california-minerals-lithium-valley-ev-mining-energysource/
100% ESG Unlimited Geothermal Electricity to operate MDLE
The Salton Sea region, for example, is considered to be one of the largest potential reservoirs of lithium in the US, and a number of companies are developing processes for extracting lithium from high pressure and high temperature wells. This area is one of the largest geothermal energy sites in the country, with more than a dozen plants producing electricity from wells thousands of feet deep that bring hot mineral-rich water to the surface, running turbines that produce electricity, then injecting the water back into the ground. Many of these plants are now owned by BHE Renewables, a division of Berkshire Hathaway, Warren Buffett’s holding company, based in Omaha. One of the plants has been converted to a lithium recovery demonstration project, with funds from the State of California and from the Department of Energy. The project extracts lithium from the brine that normally circulates through the geothermal system. If proven successful, other geothermal plants may be converted to do the same. https://clui.org/newsletter/winter-2023-46/lithium-dreams
That's why the DOE has been funding the exploration of lithium sources inside the United States. As part of that effort, it gave a $14.9 million grant to Warren Buffett's Berkshire Hathaway Energy to study the area surrounding the Salton Sea, which straddles Riverside and Imperial counties in the California desert.
https://finance.yahoo.com/news/worlds-largest-ree-lithium-discovered-160012987.html
IBAT states "The Customer is a significant producer of metals and minerals including the production of battery grade lithium carbonate." Berkshire checks this box, why would Buffet want to waste years trying to reinvent the wheel inventing a DLE. The Oracle is a businessman and all about making things work better for bigger profits with proven technology.
Advancing Clean Energy Through Mineral Development
BHE Renewables is advancing lithium production research in California’s Imperial Valley. Lithium - the critical mineral used in lithium-ion batteries to power cellphones, laptop computers and electric vehicles - can be found in the brine processed at BHE Renewables’ geothermal facilities. A demonstration project to recover lithium from the geothermal brine was placed in-service in 2022, with a demonstration project to produce battery-grade lithium carbonate planned to be on-line in 2023. Upon successful completion of the projects, construction of the first commercial plant could begin as soon as 2024, leading to an environmentally responsible domestic source of lithium. The energy used for lithium production would be 100%
4.https://www.compassminerals.com/what-we-do/
Salt Lake
5.https://www.waterleafresources.com/
Salt Lake
6.https://usmagnesium.com/products/lithium/
Salt Lake
7. TESLA,THEY WILL PROBABLY BE #2 to commercialization IN THE WESTERN U.S. NOT A THREAT TO DLE SINCE MUSK WANTS TO KEEP REFINED LITHIUM FOR HIS VEHICLES.
GREAT DRONE VIDEO OF TESLA NEW LITHIUM REFINERY UNDER CONSTRUCTION IN TEXAS . ALMOST LOOKS LIKE SOME IBAT EQUIPMENT PAINTED SILVER, BUT IT'S NOT.
If the Tech is Great..then you will see 5 bucks in a heartbeat......The early bird gets the worm.IMO.As a fisherman....Gut instincts are getting excited by the upcoming weeks.The Prized Catch is to be Harvested to all that are long, and Patient..IMHO....Hold for the Gold..Buy More shares as well ..IMO..a Wise Decision.Especially at these prices..Back in March of 2022, the patent was prd...and the stock soared to $5.40 or more,,IBATS new patents have not even been prd..$omething Big is Going On..Your thoughts? Now court case local attorney ops out..Looking Good.We neeeeeed good news and then we roll..It is Coming IMO..Buying more this week as funds clear by Wednesday..The price is $o Right!
Does this mean that there will be another delay to get the next attorney up to speed?
126 Filed & Entered: 04/05/2024
Terminated: 04/05/2024
Docket Text Motion to Withdraw as Attorney
https://investorshub.advfn.com/uimage/uploads/2024/4/6/vchxvburba_case.png
It could potentially be cheaper. So in a lot of ways, DLE could solve some of the problems we're seeing with lithium extraction and resolve some of these conflicts now. That does depend on whether it can be deployed on a commercial scale, but I think the reason you're seeing this interest is because, the first company, the first few companies that are able to do this are probably staying to make a lot of money.
https://www.wbur.org/onpoint/2024/03/11/lithium-reserves-boom-mining-elements-energy
Hopefully the monthly has substance should be out soon..
Inside the race to remake lithium extraction for EV batteries
Post author:Rodrigo Dupouy
Post published:Junio 19, 2023
https://sorcia.cl/2023/06/19/inside-the-race-to-remake-lithium-extraction-for-ev-batteries/
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