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M&A / Property

IBAT Signs Middle East Collaboration Agreement to Pursue Lithium Extraction Projects with its Modular Direct Lithium Extraction (DLE) Technology

IBAT · Price

Executive Summary

  • International Battery Metals Ltd. (IBAT) entered into an exclusive 18‑month collaboration agreement with a major Middle‑East energy services provider to pursue direct lithium extraction (DLE) projects across the region.
  • The partnership combines the partner’s regional relationships and market knowledge with IBAT’s proven modular DLE technology, which was successfully commercialized in Utah in 2024.
  • The agreement covers joint participation in proposals and tenders for lithium‑brine projects throughout the Middle East, expanding IBAT’s geographic reach into a high‑potential market.

Key Details

  • Agreement Length: 18 months, exclusive collaboration.
  • Partner: Unnamed major Middle‑East energy services provider (regional reach and market knowledge).
  • Scope: Joint pursuit of DLE opportunities, including participation in proposals and tenders for lithium‑brine projects across the Middle East.
  • Technology Contribution: IBAT will provide its modular, transportable skid‑mounted DLE platforms that can be rapidly commissioned.
  • Commercial Track Record: IBAT demonstrated successful commercial implementation of its modular DLE system in Utah (2024).
  • Strategic Rationale: Access to substantial lithium brine resources and growing industrial demand in the Middle East; partner supplies deep regional relationships, while IBAT supplies high‑quality, proven extraction technology.

Notable Quotes

“This strategic partnership opens up a significant new market for IBAT with potential project opportunities in the Middle East, a region with substantial lithium brine resources and growing industrial demand. Our partner brings deep regional relationships and market knowledge, while IBAT contributes its high‑quality, proven DLE technology.” – Joe Mills, Chief Executive Officer, International Battery Metals Ltd.

Read the original news release →

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