International Battery Metals (IBAT) Commences Operations of World's First Commercial Modular Direct Lithium Extraction (DLE) Plant and First Commercial DLE Plant in North America

Industry-disrupting technology breakthrough vaults IBAT to global pacesetter position Modular plant brings lithium production online in record-setting time Proprietary technology has been verified to extract more than 97% of available lithium from brine using no chemicals and with a water recovery r...

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Bibliographic Details
Published inCanada NewsWire
Format Newsletter
LanguageEnglish
Published Ottawa PR Newswire Association LLC 11.07.2024
Subjects
Chief technology officers
Chloride
Cost control
Design
Lithium
Magnesium
Multimedia
Proprietary
United States > US
VANCOUVER, BC and HOUSTON
North America
Utah
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Summary:Industry-disrupting technology breakthrough vaults IBAT to global pacesetter position Modular plant brings lithium production online in record-setting time Proprietary technology has been verified to extract more than 97% of available lithium from brine using no chemicals and with a water recovery rate of up to 98% via a closed-loop recycling system based on third-party review of Smackover extraction operations Founded by the inventor of the first lithium absorbent and designer of the world's first DLE plant in 1998 VANCOUVER, BC and HOUSTON, July 11, 2024 /CNW/ -- The modular design can bring lithium to market in approximately 18 months, from the time construction is initiated at a fabrication facility to the time of production onsite, compared to several years' time (5-7 years) for a conventional stick-built DLE plant at a location. [...]forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control that may cause actual results or performance to differ materially from those currently anticipated in such statements.