International Battery Metals Ltd (IBATF)

[le-bon ton-roule]

Imtc, Couple of articles you will find interesting.

1.Various DLE technologies are already being developed. US oil producer Occidental Petroleum Corp. is developing a DLE technique through its TerraLithium subsidiary.
https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/lithium-miners-look-to-exxonmobil-to-transform-industry-with-direct-extraction-79592902

2.Next, let’s look at the newest entrant in the Salton Sea lithium race: TerraLithium.
Berkshire’s extraction process doesn’t require significant new technology, Weisgall said, although it does involve converting lithium to a battery-grade product via clean electricity rather than chemical reagents, in hopes of reducing costs and environmental impacts.
https://enewspaper.latimes.com/infinity/article_share.aspx?guid=f48ce9a1-2a6e-40dc-a0bc-c7a760e975b7

3.PATENT APPROVED
PREPARATION OF LITHIUM CARBONATE FROM LITHIUM CHLORIDE CONTAINING BRINES
Apr 10, 2023- TERRALITHIUM LLC
This invention relates to a method for the preparation of lithium carbonate from lithium chloride containing brines. The method can include a silica removal step, capturing lithium chloride, recovering lithium chloride, supplying lithium chloride to an electrochemical cell and producing lithium hydroxide, contacting the lithium hydroxide with carbon dioxide to produce lithium carbonate.

In my opinion, it's becoming clear the majors want a DLE"R"
( REFINERY ) that is one location to produce brine to carbonate. Interesting how IBAT and Terralithium could probably end up complimenting each other. Another Wild speculation in the hat, IBAT outstanding, esteemed, prominent customer Terralithium subsidiary of Occidental / Berkshire … Burba is going to be so wealthy.
Time will tell who the mysterious customer will be.
MDLE will still have a lot of value and huge demand in the U.S. and worldwide.