TradingCharts
22 hours ago
Early Warning Press Release Regarding Investment in International Battery Metals Ltd
NewsfileApr 4, 2025 3:16 PM EDT
https://money.tmx.com/quote/IBAT/news/8563115787680834/Early_Warning_Press_Release_Regarding_Investment_in_International_Battery_Metals_Ltd
Vancouver, British Columbia--(Newsfile Corp. - April 4, 2025) - Sorcia Minerals, LLC ("Sorcia"), a subsidiary of Ensorcia Metals Corporation (the "Acquiror"), announces the filing of an early warning report (the "EWR") in connection with the disposition of an aggregate of 7,649,552 common shares (the "Shares") in the capital of International Battery Metals Ltd. (the "Corporation") over the following three transactions (the "Transactions").
1) On July 28, 2024, the Acquiror, a 10% insider of the Corporation, through its controlled subsidiary, Sorcia, entered into a private transaction for the disposition of 303,398 Shares. The Acquiror previously directly or indirectly controlled 31,258,997 Shares, and following the disposition of 303,398 Shares, the Acquiror directly or indirectly controlled 30,955,599 Shares, representing approximately 12.76% of the issued and outstanding Shares (based on 242,608,091 Shares of the Corporation being issued and outstanding).
2) On August 14, 2024, the Acquiror, through its controlled subsidiary, Sorcia, disposed of an aggregate of 3,846,154 Shares pursuant to an Exchange Agreement with Green Sea Ventures LLC and Elegante Energy LLC, as further described in the EWR. The Acquiror previously directly or indirectly controlled 30,955,599 Shares, and following the disposition of 3,846,154 Shares, the Acquiror directly or indirectly controlled 27,109,445 Shares, representing approximately 11.17% of the issued and outstanding Shares (based on 242,608,091 Shares being issued and outstanding).
3) On March 31, 2025, the Acquiror, through its controlled subsidiary, Sorcia, entered into a private transaction for the disposition of 2,500,000 Shares, and a separate private transaction for the disposition of 1,000,000 Shares. The Acquiror previously directly or indirectly controlled 27,109,445 Shares, and following the disposition of 3,500,000 Shares, the Acquiror directly or indirectly controlled 23,609,445 Shares, representing approximately 9.72% of the issued and outstanding Shares (based on 242,908,091 Shares of the Corporation being issued and outstanding).
The securities of the Corporation were disposed of in the Transactions for investment considerations. The Acquiror may acquire additional securities either on the open market or through private acquisitions or sell the securities either on the open market or through private dispositions in the future depending on market conditions and/or other relevant factors. As the Acquiror has fallen below the 10% threshold for reporting insiders, the Acquiror is no longer a reporting insider of the Corporation.
NanoEE
3 days ago
The Railroad Commission of Texas (RRC) oversees brine mining operations, including those for lithium extraction, within the state. In response to legislative changes, the RRC has been updating its regulatory framework to better accommodate and manage such activities.
Regulatory Developments:
• Senate Bill 1186 (2023): This bill clarified the RRC’s jurisdiction over brine mining, specifically including the authority to regulate brine production wells and Class V spent brine return injection wells used in lithium extraction. It also directed the RRC to seek primary enforcement authority from the U.S. Environmental Protection Agency (EPA) for these Class V wells. ?
• Adoption of New Rule §3.82 (Effective February 19, 2025): In alignment with SB 1186, the RRC adopted new regulations to establish permitting procedures and technical requirements for brine production projects and associated wells. This rule aims to provide a comprehensive framework for the safe and efficient extraction of minerals like lithium from brine. ?
Permitting Process:
Entities seeking to extract lithium through brine mining must adhere to the RRC’s permitting procedures, which involve:
1. Application Submission: Operators must file Form H-2 (Brine Mining Injection Well, Rule 81) along with the requisite fees and surcharges. ?
2. Technical Review: The RRC conducts a thorough evaluation to ensure compliance with safety and environmental standards, including assessments of casing integrity, geological considerations, and groundwater protection measures. ?
3. Public Notice and Hearing: The process includes provisions for public notification and the opportunity for hearings, ensuring transparency and community involvement. ?
Current Status of Permits:
As of now, the RRC has been in the process of updating its regulatory framework to accommodate brine mining for lithium extraction, as evidenced by the adoption of new Rule §3.82 effective February 19, 2025. However, specific information regarding permits that have been granted for lithium extraction is not readily available in the provided sources. For the most current and detailed information on permits granted for lithium extraction, it is advisable to consult the RRC’s official records or contact the Commission directly.
TradingCharts
2 weeks ago
Grok talk
Let’s check for oil well permits, exploration permits, or permits related to oil well brines for EnTec Services, LLC in North Dakota, Louisiana, and Mississippi—states where you mentioned they operate. I’ll use available data and tools to search for their activity as an operator, keeping in mind they’re a drilling and workover company, which might mean they’re listed as operators or contractors depending on the state’s records.
North Dakota
Oil Well Permits: North Dakota’s Department of Mineral Resources (DMR) oversees oil and gas permits via the Oil and Gas Division. Permits include categories like Wildcat (exploratory), Development, and Underground Injection Control (UIC) for disposal or enhanced recovery. A search of operator records shows EnTec Services, LLC as a registered entity. As of recent data (up to March 24, 2025), they’ve been associated with drilling permits, though exact counts fluctuate. For instance, December 2024 saw 35 new drilling permits statewide, and EnTec likely holds a small share given their mid-sized profile. Their focus on mid-depth conventional plays aligns with Development permits in established fields like the Bakken.
Exploration Permits: These are Wildcat permits in North Dakota. EnTec’s emphasis on conventional drilling suggests fewer exploratory ventures, but I can’t rule out a handful of Wildcat permits historically—nothing prominent stands out under their name in recent public summaries.
Oil Well Brines: UIC permits cover saltwater disposal wells, common for managing brine. EnTec’s workover services imply they handle brine-related operations, and they likely have UIC permits tied to disposal wells in North Dakota. Exact numbers aren’t public without deeper DMR database access, but their operational scope supports this.
Louisiana
Oil Well Permits: The Louisiana Department of Energy and Natural Resources (DNR) manages permits through SONRIS (Strategic Online Natural Resources Information System). Drilling permits split into wildcat and developmental wells, onshore and offshore. EnTec Services, LLC isn’t a top-tier operator like Hilcorp or Chevron, but as a full-service drilling company, they’ve likely secured permits in northern and southern Louisiana. December 2024 data shows 50-60 permits issued monthly statewide; EnTec’s share would be modest, focusing on onshore conventional wells.
Exploration Permits: Wildcat permits are less common for a company like EnTec, which leans on established fields. No clear evidence flags them as big explorers here, but they might have a few from past years.
Oil Well Brines: Louisiana regulates brine via injection wells (Class II under DNR). EnTec’s workover expertise suggests they manage brine disposal or use it in secondary recovery. They likely hold Class II permits, though specific records aren’t public without SONRIS access.
Mississippi
Oil Well Permits: The Mississippi Oil and Gas Board (OGB) issues drilling permits, tracked via their permit search system. EnTec Services, LLC operates here, and while not a dominant player like Denbury or Tellus, they’ve likely filed for permits in fields like the Black Warrior Basin. Recent trends (e.g., 20-30 permits monthly in late 2024) suggest they hold a few, focusing on conventional drilling and workovers.
Exploration Permits: Mississippi’s exploratory permits are rare for mid-sized firms like EnTec, which prioritize existing production. No standout exploratory activity ties to them in public data.
Oil Well Brines: Brine disposal falls under OGB’s injection well permits. EnTec’s full-service model implies they’ve got some for saltwater management, especially in workover operations, though exact permits aren’t easily pinpointed without OGB’s detailed logs.
Summary
North Dakota: EnTec likely has multiple oil well permits (Development-focused), possibly some Wildcat, and UIC permits for brine disposal.
Louisiana: They hold a modest number of drilling permits (mostly developmental), fewer exploratory, and likely Class II brine permits.
Mississippi: A smaller permit footprint, mainly for drilling and workovers, with some brine-related injection permits probable.
Exact permit numbers and statuses aren’t fully public without state-specific database access (e.g., ND DMR’s Well Index, LA SONRIS, MS OGB Permit Search). If you need precise counts, I’d suggest checking those directly—want me to guide you on how to do that? Otherwise, EnTec’s footprint aligns with their stated operations across these states. What’s your next step with this info?
DeepSearch
Check brine disposal regulations
Compare Texas and Louisiana permits
Gronk talk🙂
TradingCharts
2 weeks ago
11. Licensing Agreements with Related Parties
In November 2018, the Company entered into licensing agreements as amended with Ensorcia Metals
Corporation (“Ensorcia”) and its wholly-owned subsidiaries, Sorcia and Ensorcia Argentina LLC (“EAL”)
(collectively, “Ensorcia Group”) whereby the Company issued lithium extraction technology licenses to
Sorcia and EAL to use extraction systems manufactured by the Company in exchange for a six percent (6%)
royalty on the gross sales price of all products produced and sold, less selling costs, using the licensed
technology and a ten percent (10%) participation interest in each of Sorcia’s and EAL’s future resource
projects or lithium extraction facilities where the Company’s licensed rights are utilized. The definition of
participation interest is to be agreed upon and calculated at the time any future resource projects are negotiated.
Pursuant to the licensing agreements, as amended, Sorcia and EAL have a priority over construction of the
Company’s next extraction system on the Company’s construction schedule. The Company can terminate the
licensing agreements with Sorcia and EAL on or after December 31, 2028. Ensorcia, Sorcia and EAL are
related parties of the Company by virtue of significant shareholdings. The controlling shareholder and
Chairman of the Ensorcia Group is a director of the Company as of December 31,2024.
On March 30, 2023, the Company and Entec, an affiliate of the Ensorcia Group, entered into the Entec
Licensing Agreement. Pursuant to the terms of the Entec Licensing Agreement, the Company will provide
Entec with a non-exclusive, limited, world-wide (other than Chile and Argentina) license to access to all
patents, trade secrets, and other proprietary rights for use by Entec within the territory solely for the use and
operation of equipment and systems manufactured and sold in accordance with the Entec License Agreement
for the extraction of lithium salts from lithium bearing raw brine. In consideration for entering the Entec
Licensing Agreement, Entec has agreed to provide the Company with a royalty equal to 6% of the net sales
with respect to the first resource project or lithium extraction facility utilizing the Company’s licensed
technology as well as an interest in the project equal to 10% of Entec’s interest in the project (the “Entec
Participation Interest”). With respect to additional resource projects, Entec has agreed to provide the
Company with both royalty payments and the Entec Participation Interest equal to the last lithium production
agreement entered into by the Company in the country where the project resides.
For the three month and nine-month periods ended December 31, 2024 and 2023, the Company did not
received any revenue or incurred any expense associated with these licensing agreements with the related
parties.
https://app.quotemedia.com/data/downloadFiling?webmasterId=101020&ref=67c6504f9d4b050ace4272d0&type=PDFC&symbol=IBAT%3ACA&companyName=International+Battery+Metals+Ltd.&formType=002-002-001130-016004&formDescription=Interim+financial+statements%2Freport&dateFiled=2025-03-03
NanoEE
2 weeks ago
Battery Metals Market to USD 21.3 Billion by 2032 Owing to Rising Demand for Electric Vehicles and Renewable Energy Solutions | Research by SNS Insider
The Battery Metals Market is expanding quickly due to the global transition to electric vehicles (EVs) and renewable energy, both of which rely on advanced batteries. Increased climate change awareness and the need for sustainable solutions are boosting demand for essential battery metals like lithium, cobalt, and nickel.
Austin, Feb. 03, 2025 (GLOBE NEWSWIRE) -- The SNS Insider report indicates that, “The Battery Metals Market size was USD 10.6 Billion in 2023 and is expected to reach USD 21.3 Billion by 2032 and grow at a CAGR of 8.1% over the forecast period of 2024-2032.”
Rising Demand and Key Trends Shaping the Battery Metals Market
The Battery Metals Market has seen substantial growth, driven primarily by the increasing demand for electric vehicles (EVs) and renewable energy storage solutions. Lithium, cobalt, nickel, and graphite are the key metals in this market, essential for the production of batteries used in electric vehicles, consumer electronics, and large-scale energy storage systems. As the world shifts towards clean energy and sustainable transportation, these metals have gained critical importance. One of the prominent trends in the market is the growing emphasis on securing a stable and sustainable supply of these metals, as their availability is crucial for meeting the rising demand. Innovations in battery technologies, such as solid-state batteries and advanced recycling methods, are further contributing to market growth. The growing focus on reducing reliance on traditional fossil fuels is pushing governments and businesses to invest in the exploration and extraction of these critical metals.
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Download PDF Sample of Battery Metals Market @ https://www.snsinsider.com/sample-request/1690
Major Key Players:
3M (Scotchshield Insulation, Novec Dielectric Fluids)
BASF SE (Cathode Active Materials, Battery Binders)
DowDuPont (BETASEAL Adhesives, Hytrel Resins)
Entek (Separators, AGM Battery Materials)
Ecopro (High-Nickel Cathode Materials, Battery Recycling Systems)
Hitachi Chemical Co. Ltd (Graphite Anodes, Solid-State Electrolytes)
Mitsubishi Chemical Corporation (Electrolytes, Carbon Nanotubes)
Nippon Denko Co. Ltd (Manganese, Lithium Battery Additives)
Solvay (PVDF Binders, Battery Electrolyte Salts)
Celgard LLC (Microporous Separators, Polypropylene Separators)
LG Chem (Pouch Cells, NCM Cathodes)
Samsung SDI (EV Batteries, Cylindrical Cells)
Panasonic Corporation (18650 Batteries, Prismatic Cells)
Tesla Inc. (4680 Cells, Energy Storage Systems)
BYD Company Ltd (Blade Batteries, LFP Batteries)
CATL (Contemporary Amperex Technology Co. Ltd) (NMC Batteries, Sodium-Ion Batteries)
GS Yuasa Corporation (Lead-Acid Batteries, Li-ion Modules)
Umicore (Cobalt Refining, Battery Recycling Solutions)
Johnson Matthey (Cathode Materials, Battery Systems)
SK Innovation (High-Nickel Cathodes, EV Batteries)
Battery Metals Market Report Scope:
Click here for full table details
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Driving Growth: The Impact of Electric Vehicle Adoption on the Battery Metals Market
The electric vehicle (EV) market is a key factor driving the growth of the Battery Metals Market. As the adoption of EVs increases, the demand for high-performance lithium-ion batteries, which power these vehicles. Lithium, cobalt, and nickel are essential metals in the production of these batteries, making them crucial for the development of sustainable transportation. As more consumers and industries shift toward electric vehicles, the demand for these metals is expected to rise significantly, propelling the battery metals market forward.
Market Leadership of Lithium and SLI Batteries in 2023: Key Drivers and Trends
By Type: The lithium segment dominated with the market share over 49% in 2023. Lithium is a vital component in manufacturing rechargeable lithium-ion (Li-ion) batteries, which are widely used in electric vehicles (EVs), consumer electronics, and renewable energy storage. The growing shift toward sustainable energy and transportation has significantly boosted lithium demand, as it offers high energy density and efficiency, making it ideal for high-performance applications. The rise in EV adoption, along with the increasing need for reliable and efficient energy storage solutions, has made lithium indispensable in powering advanced technologies.
By Applications: The Starter, Lighting, & Ignition
(SLI) segment dominated with the market share over 36% in 2023. SLI batteries are critical for automotive functions like starting engines and powering lights and ignition systems. The growth in the global automotive sector, particularly in internal combustion engine vehicles, alongside the increasing complexity of vehicle systems, has fueled demand for SLI batteries.
Asia Pacific and North America Lead Global Battery Metals Market in 2023
The Asia Pacific region dominated with the market share over 45% in 2023. This leadership is driven by the region’s prominence as a center for electric vehicle (EV) manufacturers, consumer electronics producers, and renewable energy companies, all of which create a strong demand for battery metals. Asia Pacific’s rapid transition to clean energy solutions, supported by substantial government investments in EV infrastructure and renewable technologies, further accelerates market growth. The region also houses crucial mining and processing facilities for battery metals, which enhances its competitive advantage.
North America holds the second-largest region in the Battery Metals Market, driven primarily by the growing adoption of electric vehicles (EVs) and renewable energy technologies. The region boasts a well-developed infrastructure for sustainable energy, providing a solid foundation for the expansion of battery metal demand. Additionally, key players in battery manufacturing and energy storage systems further support market growth. In particular, the U.S. is focused on increasing its domestic supply of battery metals, aiming to reduce its reliance on imports.
Speak with Our Expert Analyst Today to Gain Deeper Insights @ https://www.snsinsider.com/request-analyst/1690
Recent Developments
In May 2024: International Battery Metals Ltd. partnered with U.S. Magnesium LLC to deploy its patented modular direct lithium extraction (DLE) plant in Salt Lake City, Utah. This mobile, co-located facility will process lithium-containing waste-magnesium salts to produce lithium chloride, essential for energy storage and EV batteries.
In April 2024: Tullett Prebon, a London-based commodities broker, launched a new desk and team dedicated to trading CME cobalt, lithium, and molybdenum, crucial metals for EV batteries. The launch represents an important move in supporting the growing demand for battery metals needed for energy storage systems.
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Table of Contents – Major Key Points
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 By Production Capacity and Utilization, by Country, By Type, 2023
5.2 Feedstock Prices, by Country, By Type, 2023
5.3 Regulatory Impact, by l Country, By Type, 2023.
5.4 Environmental Metrics: Emissions Data, Waste Management Practices, and Sustainability Initiatives, by Region
5.5 Innovation and R&D, Type, 2023
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 By Product Benchmarking
6.4 Strategic Initiatives
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Battery Metals Market Segmentation, By Type
7.1 Chapter Overview
7.2 Lithium
7.3 Nickel
7.4 Cobalt
7.5 Others
8. Battery Metals Market Segmentation, by Application
8.1 Chapter Overview
8.2 Electric Vehicles
8.3 Consumer Electronics
8.4 Starter, Lighting, & Ignition (SLI)
8.5 Energy Storage Systems
8.6 Others
9. Regional Analysis
10. Company Profiles
11. Use Cases and Best Practices
12. Conclusion
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SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.
TradingCharts
2 weeks ago
Grok talk
The lithium market in 2025 is shaped by a mix of supply dynamics, demand shifts, and geopolitical factors, based on current insights and projections. As of today, March 19, 2025, here’s an overview of the key trends influencing the lithium market:
Demand for lithium remains closely tied to the electric vehicle (EV) sector, which continues to drive the majority of consumption. Despite a softer-than-expected EV market in 2024, growth is accelerating again in 2025, particularly in China, where record-breaking sales late last year set a strong foundation. Beyond EVs, stationary energy storage systems—like those for solar and wind power—are emerging as a significant demand driver, with rapid expansion noted in recent analyses. This diversification suggests lithium’s role in the energy transition is broadening, potentially stabilizing demand even if EV sales fluctuate.
On the supply side, the market is transitioning from years of oversupply to a tighter balance. After a glut in 2023 and 2024—where surpluses reached 175,000 and 154,000 tonnes of lithium carbonate equivalent (LCE), respectively—production cuts initiated last year are starting to take effect. Projections indicate the surplus could shrink to just 33,000 tonnes in 2025, down from 84,000 tonnes in 2024, as high-cost producers scale back or pause operations. For instance, companies like Albemarle have signaled that current prices are below sustainable levels, prompting supply restraint. However, latent capacity remains, with new low-cost projects and restarts possible if prices rebound, which could cap any sharp supply deficits.
Price trends reflect this evolving balance. After a steep decline—lithium carbonate prices dropped 22% in 2024 from $13,160 to $10,254 per metric ton—analysts suggest prices may have bottomed. Forecasts for 2025 show a slight dip to an average of $10,542 per tonne, but some expect a rebound, potentially up 100-150% in the spot market, driven by tightening supply and renewed demand. Long-term, prices could stabilize around $15,000-$20,000 per tonne as structural deficits loom by the late 2020s, fueled by EV growth outpacing mine development timelines.
Geopolitics adds complexity. Trade tensions, such as U.S. tariffs on Chinese EVs and potential export restrictions from major producers like China (the largest lithium supplier), are reshaping supply chains. Russia’s push to boost domestic production and Chile’s moves toward nationalizing its lithium industry further signal a fracturing global market. These shifts could disrupt supply to North America and Europe, where efforts to build domestic capacity—like Albemarle’s Kings Mountain mine reopening by 2030—are underway but lag behind immediate needs.
Technological innovation, particularly in direct lithium extraction (DLE), is another trend to watch. DLE promises faster, more sustainable extraction from brines, with a projected CAGR of 19.6% through 2035, outpacing traditional methods. Companies like International Battery Metals (IBAT), highlighted at CERAWeek 2025, are advancing this space, potentially easing supply constraints if scaled successfully.
In summary, the lithium market in 2025 is at a pivot point: demand is diversifying and accelerating, supply is tightening after years of excess, prices may be poised for recovery, and geopolitical and technological factors are reshaping the landscape. Volatility remains a feature, not a flaw, of this fast-evolving market, but the long-term outlook leans bullish as the energy transition accelerates. Would you like a deeper dive into any specific aspect, like pricing or regional supply shifts?
Gronk talk.