International Battery Metals, Ltd.

IBAT is the first company in the world to successfully develop and operate Mobile, Modular Direct Lithium Extraction (MDLE) technology at commercial scale. IBAT technology reshapes the future of lithium extraction, setting new industry standards. IBAT technology is addressing a range of industry-wide issues with one unique, encompassing solution. Current industry methods create large salt waste piles in areas of lithium extraction. Lithium recovery rates for these processes are very low, and can lead to premature resource depletion of available brine in a given salar lithium deposit. Extracting lithium can cause rapid depletion of potable water aquafers associated with the area of extraction. Inefficient extraction has damaged the Salar environment in Salar Atacama, Chile, to the point of lithium brine levels dropping significantly over the past 15 years.