Previous close | 0.5850 |
Open | 0.5650 |
Bid | 0.5950 x 0 |
Ask | 0.6400 x 0 |
Day's range | 0.5650 - 0.5900 |
52-week range | 0.4440 - 0.9700 |
Volume | |
Avg. volume | 79 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | 27 Feb 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
International Battery Metals on Thursday said it leased its portable direct lithium extraction (DLE) plant to a customer that aims to begin producing the metal needed for electric vehicle batteries inside the United States within six months. The move would make IBAT the first company to commercially produce lithium with a DLE technology, a major step forward amid ongoing efforts to revolutionize the way the ultralight metal is processed for the clean energy transition. Lithium is typically produced using large, water-intensive evaporation ponds or open-pit mines.
International Battery Metals Ltd. (the "Company") (CSE: IBAT), is pleased to announce the signing of a term sheet for deployment of our modular direct lithium extraction plant (the "MDLE Plant") with a customer (the "Customer") in the western United States. Our MDLE Plant utilizes our proprietary selective absorption media minimizing the use of chemicals, reducing by-product waste, and recovering over 98% of our process water. The Customer is a significant producer of metals and minerals includi
International Battery Metals Ltd. (the "Company") (CSE: IBAT), is pleased to announce that it has closed its non-brokered private placement (the "Private Placement") as previously announced on December 21, 2023, by issuing 2,694,804 units of the Company (the "Units") at a price of $0.70 per Unit for aggregate proceeds to the Company of approximately USD$1.415 million (CAD$1,886,362.80). The Private Placement was oversubscribed.