Sector: Basic Materials | Industry: Specialty Mining & Metals |
Company Contact | |
Address: | Royal Centre SUITE 1750 - 1055 W. GEORGIA St. VANCOUVER BC V6E 3P3 |
Tel: | N/A |
Website: | N/A |
IR: | N/A |
Key People | ||
John Leslie Burba Executive Chairman of the Board | Garry William Flowers Chief Executive Officer | Libor Michel Co-Chief Executive Officer | Douglas Smith Chief Financial Officer |
Business Overview |
International Battery Metals Ltd. (IBAT) is a Canada-based lithium extraction technology company. The Company is focused on lithium extraction from salars, geothermal brines and oil field brines. It extracts lithium chloride (LiC1) from ground water salt brine deposits and returning the same water to the subsurface aquifer from which it is extracted. The Company develops and operates Mobile, Modular Direct Lithium Extraction (MDLE) technology at commercial scale with lithium brine. IBAT has constructed and commissioned a Modular Direct Lithium Absorption Plant (the Plant) in Lake Charles, Louisiana. The Plant comprises approximately 35 skid-mounted modules and is designed to produce 5,738 tons (t) LiCl in solution per year, from a brine with a lithium concentration of 1,800 g/t Li. |
Financial Overview |
For the nine months ended 31 December 2023, International Battery Metals Ltd revenues was not reported. Net loss totaled to C$10.9M. Results are not comparable due to year end change. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $187.91M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$10.80M as of Dec 31, 2023 |
Net annual income (TTM): | -$12.82M as of Dec 31, 2023 |
Free cash flow (TTM): | -$9.40M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 208,603,045 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |