Battery Mineral Resources Provides ESI Performance and Manufacturing Expansion Update
Battery Mineral Resources' wholly owned subsidiary ESI Energy Services generated C$16.4 million of revenue for the six months ended June 30, 2026, up 51% from C$10.9 million a year earlier. ESI's income from continuing operations rose to C$4.8 million from C$1.5 million, and Adjusted EBITDA roughly doubled to C$6.6 million from C$3.2 million. ESI is finalizing plans for a new Phoenix manufacturing facility that would roughly triple its footprint, with relocation starting December 2026 and full operation targeted for early Q2 2027, subject to lease completion.
Key figures
- Revenue
- C$16.4 million
- Revenue Yoy
- 51%
- Adjusted ebitda yoy
- 108%
- Adjusted ebitda 6m 2025
- C$3.2 million
- Adjusted ebitda 6m 2026
- C$6.6 million
- Facility operational target
- early Q2 2027
- Facility footprint expansion
- approximately 3x current footprint
- Esi income from continuing operations 6m 2025
- C$1.5 million
- Esi income from continuing operations 6m 2026
- C$4.8 million
AI analysis
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