Continued Advancement Towards Commercial Positioning of Modular Direct Lithium Extraction (DLE) Technology
International Battery Metals Ltd. ($ibat), an advanced technology provider of modular direct lithium extraction (DLE) systems, recently reported its financial results for the third quarter of fiscal year 2026, which ended on December 31, 2025.
CEO Comments on Market Dynamics
Joseph Mills, Chief Executive Officer of IBAT, stated, "The third quarter was about focus and execution. Over the past several months, we have focused on where the lithium market is, what customers actually need, and how IBAT fits into that supply framework. Demand for lithium continues to grow, governments are prioritizing secure supply chains, and resource owners are becoming more disciplined in how they move projects forward. In that environment, technology alone is not enough. Customers want reliable partners who can deliver efficient solutions and partner with them for the long term."
Operational Insights
Mills added, "Our modular DLE (MDLE) plant has already operated in the field, and that experience is a differentiator for IBAT. We understand what works, what needs refinement, and how to engineer the next deployment more efficiently. At the same time, we are being thoughtful about how we structure our commercial agreements. We are evaluating licensing, cost-plus deployments, and strategic participation models that position us for long-term value creation. Our goal is straightforward: secure commercial deployments, execute with discipline, and build IBAT into a durable partner in the evolving lithium supply chain."
Third Quarter Highlights
Management remains focused on securing one or more commercial deployments aligned with its overall commercial strategy.
Upcoming Conference Call
The Company will host a conference call on Thursday, February 26, 2026, at 11:00 a.m. Eastern Time to discuss financial and operational results. For those interested, the dial-in information is as follows:
- Toll-Free (North America): (800) 715-9871
- Toll/International: +1 (646) 307-1963
- Conference Call ID: 8716727
- Webcast Link
Additionally, participants can utilize the EasyConnect service by visiting this link.
About International Battery Metals Ltd.
International Battery Metals Ltd. is focused on advancing lithium extraction technology from brine resources. The company delivers a proprietary DLE process through modular plant designs and is well-positioned to support the next phase of lithium project development as global battery demand expands. More information can be found at Inside Ticker.
Forward-Looking Statements
This press release contains forward-looking statements regarding the Company's future performance and plans. These statements are subject to risks and uncertainties that could cause actual results to differ materially.