International Battery Metals
3rd Generation Technologies for Lithium Extraction From Brine
International Battery Metals Ltd. (CSE:IBAT): In the early 1990’s, Dr. Burba and Dr. Bill Bauman invented and sold to FMC Corporation second generation selective absorption technology for lithium extraction. Their inventions became the basis of FMC’s lithium extraction plant at Salar Hombre Muerto in Argentina, which has operated continuously for 20 years.
Dr. Burba has now pushed extractive metallurgy of lithium containing brines beyond the technology that was acquired by FMC. He has invented what he believes will be the key to unlocking access to vast amounts of lithium that is trapped in the world’s subterranean brine resources using his 3rd generation technology. International Battery Metals has successfully demonstrated its lithium extraction technology, returning over 90 percent lithium from generic brine and 95 percent of the water was recycled. Unlike conventional processes that are employed in Chile and Argentina, IBAT’s process does not evaporate water from the brine. Instead, it extracts the lithium from the brine which is returned to the resource. This feature helps to maintain the resource water balance and help protects salar ecosystems.
The company intends to continue to develop its mobile lithium extraction process in order to scale to commercial production. Dr Burba’s technology should help position IBAT as a leader in the lithium extraction industry.
According to Deutsche Bank, the lithium market will see global demand triple in the next decade due to increased demand from the electric vehicle and energy storage industries. The global battery demand is forecasted to grow to $120 billion by 2019, with the lithium market set to reach $1.7 billion.
The Next Disruptive Technology: Lithium Extraction from Brine
3rd Generation Patent Pending Technology allows lithium extraction from South American salars , drill holes associated with the oil and gas industry and other lithium bearing brines worldwide
- Produces high quality battery grade lithium for lithium – ion batteries
- Allows fast, efficient access to brine resources
- Extraction specifically targets lithium chloride; other salts stay in the brine
- Small environmental footprint: No salt piles, waste water ponds or rock piles
- Efficient processing
- Low carbon footprint
- Extremely low fresh water usage
IBAT’s goal is to be environmentally responsible with its extraction practices and to become one of the lowest-cost producers of lithium in the market today. The IBAT team is headed by President and CEO John Burba, who brings over 30 years of experience in lithium extraction, having developed foundational proprietary technology for Dow Chemical, FMC and Simbol Minerals.
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