International Battery Metals Announces Search for Partners in Clean Lithium Extraction
Houston, Texas, June 16, 2023 (GLOBE NEWSWIRE) -- International Battery Metals (IBAT), a lithium extraction company that boasts a patented technology to obtain lithium more efficiently and with a lower environmental impact, has announced that it is looking for partners in exploring and developing potential lithium extracting sites in the US.
- Houston, Texas, June 16, 2023 (GLOBE NEWSWIRE) -- International Battery Metals (IBAT), a lithium extraction company that boasts a patented technology to obtain lithium more efficiently and with a lower environmental impact, has announced that it is looking for partners in exploring and developing potential lithium extracting sites in the US.
- IBAT’s mobile modular direct lithium extraction method can be used in a wide variety of areas and can obtain more battery-grade lithium from brine than the traditional evaporative method.
- Conventional lithium extraction is controversial for its negative effect on the freshwater aquifers of the Atacama Plateau in South America, which has led to the displacement of Indigenous communities.
- “Having a direct lithium extraction plant typically costs more than $600 million and takes six to seven years to build.