International Battery Metals Ltd. (CSE: IBAT) is pleased to announce the appointment of Iris Jancik as Chief Executive Officer, effective in mid-August. Jancik brings a wealth of experience in water infrastructure and global commercial development to IBAT, which is a leader in the development of environmentally responsible methods of extracting lithium compounds from brine. She will focus on expanding the commercial deployment of IBAT’s patented modular direct lithium extraction (DLE) plants.
Prior to joining IBAT, Jancik served as CEO of IDE Americas, a subsidiary of IDE Technologies, a global desalination and water treatment solutions company. In this role, she was responsible for the development and operations of major infrastructure projects, including the San Diego County Water Authority’s Carlsbad Desalination Plant in California. Jancik holds an M.B.A. in international business from Tel Aviv University.
“IBAT’s proprietary commercialized DLE technology is proven, ready to push-start a US lithium industry, and revolutionize global production, making this a prime time to join the organization,” said Jancik. “Burgeoning battery demand requires a wholesale change in how lithium is produced, and IBAT delivers the right combination of efficiency, sustainability and scalability to reach new heights.”
IBAT’s modular DLE plant has been independently verified to extract more than 97% of available lithium from brine. Due to the plant’s advanced water recovery rate of up to 98%, IBAT’s technology is highly protective of sensitive water resources. IBAT has demonstrated that the technology can extract lithium from subterranean brine sources and return the lithium-depleted brine to the same subsurface aquifer in a closed recycling loop.
IBAT’s first commercial lithium production plant is co-located at US Magnesium’s (US Mag) operations outside of Moab, Utah. The plant is expected to begin lithium production in June, processing brine produced from lithium-containing waste-magnesium salts and providing feed for high-purity lithium carbonate production by US Mag. This is the first commercial DLE plant in North America and the first modular DLE plant in the world.
“Iris brings deep expertise in water infrastructure, which is core to our DLE water-recycling process, and the requisite global commercial chops to build on IBAT’s momentum,” said Dr. John Burba, founder, CTO and director of International Battery Metals. “I expect IBAT to take on new frontiers for growth with Iris at the helm and look forward to collaborating with her.”
Jancik succeeds Garry Flowers, who joined IBAT for a two-year period, starting as president in 2021 and then named CEO in 2022. Flowers is credited with accelerating IBAT’s technology to its first commercial phase.
“We are grateful for Garry’s diligence in transforming IBAT from a technology company to a commercial enterprise poised for growth,” said David Deak, chairman of the board. “Garry’s leadership has helped lay the foundation for IBAT to deploy its first plant, which is a tremendous landmark as the world’s first modular DLE plant.”
Lithium production is rising to meet demand, reaching approximately 180,000 metric tons in 2023, of which approximately 22,000 metric tons came from an established DLE project in China. By 2030, global lithium demand is expected to surpass 2.4 million metric tons of lithium carbonate equivalent. Currently, several established lithium companies as well as new entrants, are targeting DLE production in the coming years. Conventional, stick-built DLE plants can take five to six years to deploy, while IBAT, by contrast, can deploy its modular DLE plant infrastructure in 18 months’ time.
IBAT is an advanced technology company focused on the development of environmentally responsible methods of extracting lithium compounds from brine. IBAT has developed a patented modular direct lithium extraction (DLE) plant which allows for rapid deployment to a resource holders production site. IBAT is working with resource holders of oilfield brines, brine aquifers, and industrial customers with brine by-products. IBAT believes the modular design of its DLE plant provides significant initial costs savings to customers and the proprietary DLE technology lowers operating costs by selectively extracting lithium from the brine while efficiently removing contaminants.
