IBAT's modular Direct Lithium Extraction technology nets 95% lithium yield to lithium chloride according to independent certification

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Jun 28, 2023, 04:00 ET

Greg Mehos & Associates verifies that IBAT's technology performs in accordance with the company's claims; IBAT prepares for commercialization.

VANCOUVER, BC and HOUSTON, June 28, 2023 /PRNewswire/ - International Battery Metals Ltd. (CSE: IBAT) (OTC: IBATF) (FSE: 8RE) has received certification from Greg Mehos & Associates ("GM&A"), an independent testing agency, that shows that its modular direct lithium extraction (DLE) technology performed in accordance with company claims, delivering a 97% extraction rate of lithium from feed brine (to lithium chloride). According to GM&A, IBAT's existing commercial plant produces a total recovery rate of 95% using its internal transition recycle loop technology.

"GM&A's findings are significant because their independent verification confirms our technology captures high yields through DLE, making it a game-changer for recovering lithium from existing brine bearing properties," noted Dr. John Burba, Founder of IBAT.

"We're very excited to move into this next stage of commercialization of our DLE process, which is faster to market, more environmentally friendly and more effective in producing high-quality lithium chloride, solidifying domestic supply chains", said Garry Flowers, CEO of IBAT.

GM&A tested IBAT's lithium extraction process when it was demonstrated at Impact Technology Development in Devens, Massachusetts on June 20. GM&A is led by Greg Mehos, Ph.D., PE, an independent chemical engineer with extensive experience in bulk solids handling and processing in the pharmaceutical and chemical industries, including drying, fluidizing, feeding, dispersing, conveying, storage, extrusion, reacting, blending, granulating, testing and densifying. Mehos is the author of the subsection on powder flow and hopper and chute design in Perry's Chemical Engineers' Handbook, ninth edition, and is a licensed professional engineer and a fellow of the American Institute of Chemical Engineers.

For more information on the IBAT extraction process and its ongoing commercialization visit https://www.ibatterymetals.com/.

About International Battery Metals (IBAT):

International Battery Metals (IBAT) has developed and patented the world's fastest, scalable lithium-processing technologies and has pioneered the only patented technology able to achieve commercial-scale lithium production in just 18 months. IBAT's proprietary Modular Direct Lithium Extraction (DLE) technology is proven to quickly and efficiently recover more lithium from brine than traditional methods, while offering safe, superior and sustainable environmental performance. By bringing more lithium to more customer-partners, IBAT is accelerating lithium production to meet the ever-increasing worldwide demand for batteries to power electric vehicles, tools and landscape equipment.

Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such 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.

Forward–looking and cautionary statements:

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale would be unlawful. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This release may contain statements within the meaning of safe harbor provisions as defined under securities laws and regulations.

This release may contain certain forward–looking statements with respect to the financial condition, results of operations and business of the Company and certain of the plans and objectives of the Company with respect to the same. There is no assurance that the company's apparatus will be able to commercially produce lithium at the stated capacity. The purpose of the tests is to determine if it will be able to do so and successful completion of the tests cannot be assured as they are subject to risks and uncertainties associated with any new mineral processing method and characteristics of the material being processed.

By their nature, forward–looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward–looking statements.

SOURCE International Battery Metals Ltd.