Lithium industry hits a major milestone for the clean-energy transition

At a site in rural Utah controlled by privately-held US Magnesium, IBAT started producing this week commercial volumes of lithium at a rate of nearly 5,000 metric tons per year using its version of a direct lithium extraction (DLE) technology.

In a milestone for the global clean-energy transition, International Battery Metals has become the first company to commercially produce lithium with a novel type of filtration technology, a step expected to usher in cheaper and faster supplies of the electric-vehicle battery metal.