With lithium demand rising ' possibly five-fold by 2030 in the U.S. alone ' producers cannot afford to wait for an ideal incentive price. Despite today's lower prices, time is of the essence to bring production online to make a dent in anticipated demand. The race is on to not only demonstrate technical efficacy, but also offer competitive pricing. Enter IBAT. International Battery Metals is the first commercial Direct Lithium Extraction (DLE) producer in North America. IBAT's proprietary modular DLE is mobilized quickly with lower capex and opex.