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International Battery Metals Ltd

ibatterymetals.com

International Battery Metals Ltd (OTC: IBATF) is an advanced technology and manufacturing company focused on direct lithium extraction, deploying its proprietary and patented Modular Direct Lithium Extraction (MDLE) Plants to help owners of lithium brine deposits extract lithium chloride at sufficient concentration and purity to economically facilitate the production of Lithium Carbonate. Revenue is generated through services tied to the deployment and operation of MDLE Plants for brine deposit owners, with a reimbursable expense component also recorded in total revenue, as disclosed in the 10-Q filed 2026-02-25. The company is incorporated in British Columbia, Canada, and targets brine deposit owners across multiple geographies. As of the nine months ended December 31, 2025, the company reported operating losses and cash used in operating activities, reflecting a pre-commercial or early-commercial stage of operations.

Products & Services

Proprietary and patented Modular Direct Lithium Extraction (MDLE) Plants: modular systems that can be deployed, redeployed, and scaled using configurable valves, pumps, proprietary columns, and media to extract lithium chloride from brine deposits for Lithium Carbonate production.

Revenue Model

Revenue is generated from services provided to owners of lithium brine deposits using MDLE Plants, including a reimbursable expense component recorded in total revenue. The company reported operating losses for the three and nine months ended December 31, 2025, per the 10-Q filed 2026-02-25.

Customers & Markets

Owners of lithium brine deposits, including operators of salar or salt lake brine deposits and brine reservoirs. End market is battery materials supply chain, specifically Lithium Carbonate used in battery manufacturing.

Geographic Exposure

Target geographies include the Lithium Triangle (Argentina, Chile, Bolivia) and brine reservoirs in the US and Canada, per the 10-Q filed 2026-02-25. Company is incorporated in British Columbia, Canada.

Financial Snapshot

Revenue
TTM
$164.0K
Gross Margin
TTM
-2470.27%
Net Income
TTM
$119.0K
Current Assets
2026 Q1
Current Liabilities
2026 Q1
Current Ratio
2026 Q1
764.0%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
28.36M
Cash
2026 Q1
P/E
TTM
460.1
Free Cash Flow
TTM
-$10.07M

Stock Price

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Market Cap: $54.752 Million

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