TradingCharts
6 hours ago
True, I have been tracking and trading a few.
Freyr Battery, would be my first guess. Just because of the connection with Encompass Capital Advisors LLC (“Encompass”) which came to IBATF the same time as Jacob did.
The top share holder of Freyr is
Encompass Capital Advisors, LLC 13.46M Sep 30, 2024
https://finance.yahoo.com/quote/FREY/holders/
FREYR Battery Closes Transformative Acquisition of Trina Solar’s U.S. Manufacturing Assets
12/24/2024
https://ir.freyrbattery.com/ir-news/press-releases/news-details/2024/FREYR-Battery-Closes-Transformative-Acquisition-of-Trina-Solars-U.S.-Manufacturing-Assets/default.aspx
FREYR received $50 million from Encompass Capital Advisors LLC (“Encompass”) in exchange for the issuance of preferred stock in connection with this closing, and FREYR may receive an additional $50 million from Encompass upon the Company proceeding to start of construction on a solar cell manufacturing facility.
Major shareholders: International Battery Metals Ltd.
https://www.marketscreener.com/quote/stock/INTERNATIONAL-BATTERY-MET-37581230/company-shareholders/
Name Equities %
Jacob Warnock
39,392,537 16.24 %
Encompass Capital Advisors LLC
32,131,822 13.24 %
Ensorcia Metals Corp.
27,109,445 11.17 %
Evl Holdings LLC
25,533,175 10.52 %
Tesla's refinery does spodumene which is coming fom Sayona in Canada. Rumor is they could do brines later others say it will be lithium clays. We will get those answers this year.
Once Freyr Battery plant in Georgia is finished then the brines can flow.
gregcod
2 days ago
Great link Trader and Co...IBATs patented absorbent material can refreshed with more added fibers so that the original absorbent material(s) is back to close to original state ..Thus full replacement of the absornent material does not need to be..This is just what I read a whiles back from Burba...IBATs absorbent went thru the grind with US Mags highly contaminated brine..and passed with flying colors..It was a highly compromised brine.IBAT delivered a large amount of battery grade lithium to US Mag.IBAT did not get paid for that lithium,(not good lol), but set the stage for a very positive US Magnesium White Page Report on the results accomplished there. The absorbent material added increased the cost there, but one could not think that if the price of lithium was up a bit back earlier, that the IBAT plant would still be there producing battery grade high grade/ revenue..Since then US Mag has laid off 10,000 workers..Maybe they will come back in future when lithium prices go up..IBATs Burba has been improving absorbant material for over 40 years back to the sale to FMC in Chile, which has successfully been operating since back since 80s ??..burba was working with William Baldwin at Dow when that sale to FMC occured...Burba has come a long way since then...this post is for my opinions on my findings, but forgive me if im a little off..
le-bon ton-roule
5 days ago
Something might be up and would be nice to see one of the big boys pulling the trigger to finally sign a contract with IBAT. Lot of new Made in Amerca battery plants coming online and will need a American mined/processed lithium supply to fulfill their obligation and recieve goverment incentives
EXXON, OCCIDENTAL, BERKSHIRE ... would be nice.
Company signing major contracts after the first of the year can benefit from a more stable business environment, clearer financial projections, a fresh budgeting cycle, less holiday-related distractions, and the potential to leverage negotiation leverage due to the new year's "fresh start" mentality, allowing for potentially better terms and conditions on contracts.
Key benefits:
Financial clarity:
By waiting until after the new year, companies have a better understanding of their upcoming financial situation, including revenue projections and budget allocations, which can lead to more informed contract negotiations.
Budgeting ease:
New fiscal years often bring fresh budgets, making it easier to allocate funds for new contracts without having to worry about exceeding existing budget limitations.
Reduced holiday distractions:
The holiday season can disrupt business operations and focus, so waiting until after the holidays allows for more concentrated attention on contract details and negotiations.
Negotiation advantage:
Some companies may be more open to favorable terms at the beginning of a new year, creating potential leverage for better deals.
Strategic planning:
With the new year comes a chance to reassess business strategies and priorities, allowing for more deliberate contract signing aligned with overall company goals.
TradingCharts
7 days ago
Modular extraction apparatus
Patent number: 12172129
https://patents.justia.com/assignee/international-battery-metals-ltd
Abstract: Apparatuses and methods for extracting desired chemical species including, without limitation, lithium, specific lithium species, and/or other chemical compounds from input flows in a modular unit. The input flows may be raw materials in which lithium metal and/or lithium species are dissolved and/or extracted. The apparatuses and methods may include daisy chain flow through separate tanks, a column array, and/or combinations thereof.
Type: Grant
Filed: January 12, 2024
Date of Patent: December 24, 2024
Assignee: International Battery Metals, Ltd.
Inventor: John L. Burba
TradingCharts
2 weeks ago
JACOB WARNOCK ACQUIRES STAKE IN INTERNATIONAL BATTERY METALS LTD.
https://www.newswire.ca/news-releases/jacob-warnock-acquires-stake-in-international-battery-metals-ltd--832913116.html
SAN JUAN, Puerto Rico, Jan. 4, 2024 /CNW/ - Jacob Warnock (the "Acquiror") is pleased to announce that, on January 2, 2024, he indirectly acquired (the "Acquisition") control and/or direction over an aggregate of: (1) 2,000,000 common shares ("Common Shares") of International Battery Metals Ltd. (the "Issuer") a British Columbia-based, lithium processing company; (2) third party derivative securities to acquire 2,000,000 Common Shares from such third party; and (3) third party derivative securities to acquire 4,387,384 Common Shares from such third party.
Immediately prior to the Acquisition, the Acquiror owned 17,507,696 Common Shares and third party derivative securities to acquire 558,909 Common Shares from a third party, collectively representing approximately 8.51% of the then issued and outstanding Common Shares1, on a fully-diluted basis. The Acquisition increases the Acquiror's position in the Common Shares to 26,235,275 Common Shares, or approximately 12.7% of the presently issued and outstanding Common Shares, on a fully-diluted basis. The Acquiror controls such securities by nature of his control over certain related parties, including EV Metals LLC, EV Metals II LLC, EV Metals III LLC, EV Metals IV LLC, EV Metals V LLC, Elegante Energy LLC, Perk Salar, LLC and JAW Puerto Rico Trust.
The securities were acquired through private transactions for an aggregate purchase price of US$1,226,854.12. The Acquiror has acquired the securities for investment purposes, and may acquire further securities, or dispose of its holdings of such securities, both as investment conditions warrant. The Issuer is listed on the Canadian Securities Exchange under the symbol "IBAT".
The Acquiror is located at 1 Calle Cervantes #5 San Juan PR 00907. For further information please contact Jacob Warnock at jawarnock@sbcglobal.net. The Issuer's head office is located at Royal Centre, Suite 1750 - 1055 W. Georgia Street, Vancouver, BC V6E 3P3.
TradingCharts
2 weeks ago
OSBORN & BENNETT LLP
ATTORNEYS AT LAW
816 CONGRESS AVENUE, SUITE 1620
AUSTIN, TEXAS 78701
(512) 476-3529
WWW.TEXASENERGYLAW.COM
December 2, 2024
RE: Draft Rules for Formal Comment, Amend various rules in Chapter 3 and
new §3.82, Brine Production Projects and Associated Brine Production
Wells and Class V Spent Brine Return Injection Wells
https://www.rrc.texas.gov/media/4iqlj3ic/comments-3-82-brine-standardlithium.pdf
TradingCharts
2 weeks ago
December 2, 2024
Rules Coordinator
Railroad Commission of Texas
Office of General Counsel
P.O. Drawer 12967
Austin, Texas 78711-2967
Via Email: rulescoordinator@rrc.texas.gov
RE: Draft Rules for Informal Comment, 16 TAC 3.82
Dear Rules Coordinator,
TerraVolta Resources (“TerraVolta”) is one of the largest lithium rights stakeholders in Texas.
TerraVolta has assembled a substantial acreage position in East Texas with rights to produce lithium
entrained in brine in the Smackover Formation. TerraVolta has been building this position since early
2022 and was one of the first operators in Texas taking leases that targeted lithium contained in brine.
These leasing efforts continue today, as TerraVolta is actively leasing acreage to support multiple
facilities in East Texas. TerraVolta utilizes direct lithium extraction, a process that involves selectively
removing lithium ions and molecules from a brine solution. This technology ensures high production
with minimal environmental impact by requiring less land and water than traditional lithium recovery
methods.
TerraVolta would like to thank the Railroad Commission of Texas (the “Commission”) for its
work developing the proposed new Section 3.82 of Volume 16 of the Texas Administrative Code and
corresponding revisions to ancillary statewide rules (the “Proposed SWR 3.82”). From the draft, it is
clear that Commission staff has worked diligently to draft a rule that could enable operators and
stakeholders to unlock vast economic resources to this great state.
Below are TerraVolta’s comments regarding specific aspects of the Proposed SWR 3.82.
Our Team
Our team is dedicated to driving transformation and unlocking new American energy resources.
https://www.terravolta.com/our-team
Operations
We are actively developing one of the largest positions in the Smackover formation
https://www.terravolta.com/operations
TradingCharts
2 weeks ago
17 Dec 2024 Open Meeting at 09:30 AM
Live right now if you are bored
Property owner trashing OXY on injection wells leaking 400psi for the last 10-years on his property
https://www.adminmonitor.com/tx/rrc/open_meeting/20241217/
November 27, 2024
TEXAS BRINE COMPANY, LLC
4800 San Felipe
Houston, Texas 77056
https://www.rrc.texas.gov/media/tz2pk2ww/comments-3-82-brine-texasbrineco.pdf
I. Comments on Clarification of Proposed Rule’s Scope
We respectfully request a clear statement regarding the exclusion of Rule §3.81 operations
from the scope and requirements of Rule §3.82. Specifically, we seek clarification that Class III
wells, as defined under Rule §3.81, are intended solely for operations related to extraction of brine
by the solution of a subsurface salt formation, while brine production projects and Class V wells
under Rule §3.82 are explicitly focused on the extraction of brine from naturally occurring aquifers
and the reinjection of fluids post-mineral extraction. This distinction is critical to ensure proper
regulatory compliance and avoid confusion when applying the rules. Furthermore, we request
specific clarification that the requirements under §3.81 and §3.82 do not apply to the injection of
fluid for the purpose of leaching a cavern for the underground storage of hydrocarbons.
A clear understanding of the applicable operations and scenarios will help provide greater
certainty for project operators and ensure that both classes of wells, extraction of brine operations
and leaching of caverns for underground hydrocarbon storage are appropriately enforced under the
applicable rules.