International Battery Metals Ltd (IBATF)

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International Battery Metals (IBAT) Announces Iris Jancik Takes Helm as CEO to Lead Expansion of Commercial Modular Direct Lithium Extraction (DLE) Operations
PR Newswire
Tue, Aug 20, 2024, 8:03 AM EDT5 min read

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Start of tenure comes on heels of IBAT commencing operations of world's first commercial modular Direct Lithium Extract (DLE) plant and first commercial DLE Plant in North America

CEO to accelerate global expansion of commercial DLE operations

Jancik brings large-scale water infrastructure expertise

VANCOUVER, BC and HOUSTON, Aug. 20, 2024 /PRNewswire/ -- International Battery Metals Ltd. (CSE: IBAT), announced its new CEO, Iris Jancik, has taken the helm of the company, effective today, following her June 3 appointment. Jancik will be focused on expanding commercial deployment of IBAT's patented modular direct lithium extraction (DLE) plants and engaging with potential partners and buyers.

Iris Jancik, new CEO, IBAT.
Iris Jancik, new CEO, IBAT.
Now that IBAT has achieved its first commercial operations, she will advance ongoing discussions the company has held with large industrial companies, including automakers, as well as oil and gas majors and brine-resource owners, and seek additional prospects and potential stakeholders. Jancik succeeds Garry Flowers as CEO. Flowers joined IBAT for a two-year period, starting as president in July 2022 and then named CEO in December 2022.

IBAT established a global lithium industry milestone in July when it announced it achieved first lithium from the only modular DLE operation in the world and the first commercial DLE operation in North America at a facility outside Salt Lake City, Utah. The landmark plant is co-located at the operations of US Magnesium LLC and is successfully extracting lithium from a complex byproduct magnesium chloride/ lithium chloride resource derived from historic magnesium production.

"The timing of IBAT's breakthrough technology is ideal given soaring demand for lithium batteries to power EVs and energy storage. I look forward to accelerating our growth as we expand commercially to meeting this demand with an unmatched lithium extraction technology that can be cost-effectively and quickly deployed, sustainably operated to respect water resources, and easily scalable in a variety of brine resources," Jancik said. "I can think of no one better to partner with on this journey than our chief technology officer, founder and DLE pioneer, John Burba."