International Battery Metals Ltd. (IBAT) has announced the temporary suspension of its lithium extraction operations at US Magnesium LLC due to the current weak lithium carbonate price environment. The company’s modular direct lithium extraction (MDLE) plant, which successfully produced high-purity lithium carbonate, has been idled until market conditions improve. Despite the suspension, IBAT remains optimistic about the long-term growth of the lithium market and plans to explore future collaborations with US Mag.