01
Patented technology
An independent, non-HPAL route to Class 1 nickel, protected by a granted US patent and two international (PCT) applications.
Class 1 nickel platform· TRL 6 · Indonesia
A new path to
critical-minerals security.
Three-quarters of the world's nickel refining runs through a single country. BANIQL is an independent, non-HPAL route — proven at pre-pilot scale since 2024, with battery-grade product validated by customers and a signed offtake LOI in hand.
BEST™ process rail — ore to battery-grade
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Laterite ore
Indonesia · ore-supply MoU
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Atmospheric leach
25–80 °C · ~1 bar
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Class-1 nickel MHP
>1,000 kg · offtake LOI
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Nickel sulfate
Class 1 · next phase
TRL 6
Technology readiness level (TRL)
>1,000 kg
Battery-grade MHP produced & validated
$16.5–21M
Signed (non-binding) offtake LOI, Korean customer
~70–80%
Less energy than HPAL
The difference
HPAL, or near-ambient?
Switch routes to see what changes. Bars are indexed to HPAL = 100% — on the first three rows, shorter is better.
Process temperature
25–80 °C
Operating pressure
~1 bar, atmospheric
Energy use (index)
20–30
Nickel selectivity
~30× HPAL
By-products
Fertilizer · Mg products
BANIQL / BEST™ — atmospheric leaching at 25–80 °C and ~1 bar. Indexed to HPAL = 100%.
The approach
A cleaner route to battery-grade nickel
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Selective, near-ambient chemistry
Our process is roughly 30x more nickel-selective than HPAL and runs at near-ambient temperature and atmospheric pressure — unlike HPAL's high-temperature, high-pressure autoclaves. It triples nickel concentration on the way to product.
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Lower energy, circular by-products
The route uses about 70–80% less energy than HPAL, and its by-products are clean and recyclable — agricultural fertilizer and magnesium products rather than waste.
Why it matters
Nickel demand triples. Supply stays concentrated.
Demand grows roughly 2–3× by 2035 — EV batteries, superalloys for spacecraft and jet engines, gas turbines powering AI data centers — while ~75% of refining sits in one country and Class 1 nickel flips to structural deficit around 2028–2029.
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Validated product
Over 1,000 kg of battery-grade MHP produced at our pre-pilot facility and evaluated by potential customers in Korea, Japan, Taiwan, and the US.
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Secured supply chain
A long-term ore-supply MOU in Indonesia anchors feedstock for scale-up, from nickel ore through to nickel sulfate.
04
Production capabilities
A pre-pilot facility operating in Indonesia since 2024, processing more than 100 kg/day of ore at near-ambient temperature and atmospheric pressure.
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Commercial traction
A signed, non-binding offtake LOI with a Korean customer — estimated at US$16.5–21M — validating demand for new, diversified sources of Class 1 nickel.
From pre-pilot to commercial
Modular refineries, sited next to the ore.
The same near-ambient, atmospheric-pressure chemistry scales into modular commercial refineries — free of the heavy autoclave footprint that defines HPAL.
Backed by · US · Asia · Europe
Our team
Operator-grade team and advisors
In the press
Latest news
Third Derivative (RMI)May 2026
Third Derivative Unveils 26-Startup Climate Cohort Focused on Hard Tech and Deployment
BANIQL was selected into Third Derivative's new 26-startup climate cohort — spanning 13 countries and ~90% hardware, materials and infrastructure — targeting hard-to-abate sectors.
WIPO MagazineFeb 2026
Green-nickel extraction: Baniql's IP scaling strategy
WIPO Magazine profiles how BANIQL's patent filings (2022 and 2024) and trade-secret strategy underpin its low-energy, near-zero-waste nickel extraction — and helped validate the technology to investors.
BusinessKoreaOct 2025
Silicon Valley Startup BANIQL Secures Investment from 500 Global
BANIQL secured additional seed investment from 500 Global, Genesia Ventures and BEENEXT to scale its lower-cost, lower-impact nickel and cobalt processing and expand across Asia.
Contact us
Let's talk about critical-minerals security.
Samples, offtake, or investment — reach us at info@baniql.com.