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About us

echofy ABOUT US

Extracting nickel for lithium-ion batteries in an environmentally responsible manner

We are a technology company integrating electrochemistry principles with an advanced mechanical reactor design to improve the nickel extraction process without the need for high temperature and high pressure. BEST (Baniql Extraction SysTem) uses our patent-pending engineering design to maximize the leaching process. As a result, we use less energy, less water, and produce zero toxic waste.

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Patented technology

Our highly diverse team of experts has develop a unique process and methodology for extracting metals without a significant environmental impact.

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Direct access to resource

BANIQL have a dedicated resource scouting for nickel ore in Indonesia with the most prominent mining companies and building relationships. We currently hold 20 tons of Nickel Ore, in Indonesia.

echofy OUR ADVANTAGES

BANiQL excels in patented tech, strategic partnerships, and production of high-purity nickel sulfate

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Patented Technology

Innovative chemistry and process, with a published patent and another patent pending.

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Strategic Partnerships

Commitment to provide feedback on samples performance through their own labs and network of third party analytical labs in South Korea.

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Supply Chain

Secured over 20 tonnes of nickel ore supply from Indonesia and samples from Philippines for Research and development.

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Production Capabilities

Started construction of our 100 kg/month pre-pilot plant in Q2 2024, set to launch in Q4 2024.

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Technology Licensing

Leveraging our patents for future Joint Venture, Licensing as Go-to market strategy.

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echofy OUR HISTORY
echofy Achievements over 24-Months

Our Achievements

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Funding

• Raised a total of US$2.1M in pre-seed and seed rounds
• Secured investments from Beenext, A2D, Seedstars, Sopoong, XA Network and angel investors
• 2.5 billion IDR grant from Temasek Foundation in September 2023

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Technology

• Developed and filed provisional patent for new chemistry and process
• Achieved 99.7% of nickel sulfate purity with BEST (TRL 4)

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Team

• Tripled our team members in 9 months (chemistry, engineering, EHS)
• Established partnership with ROV Co Ltd
• Build our board of advisors (6 key members)

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Scale Up

• Expanded operations to Indonesia.
• Established a 10,500 sqft facility
• Setup and built a 100 kg/month nickel sulfate pre-pilot within seven months

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Monetization / Go-to-Market

• Signed an LOI to purchase 5 tons/month of nickel sulfate at minimum
• Monetized our metrology capabilities

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echofy CONTACT US

Reach out to learn more about the BANiQL.

Get in touch to learn more about the Baniql Process, get samples, and discuss opportunities to be part of our journey.

echofy OUR TEAM

Meet Our Dedicated Team Members

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Willy Halim

CEO & Co-Founder
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Eric Januar

COO & Co-Founder
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Seung Wan Kim

Co-Founder
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Aristotle Vergara

Facility Director & Co-Founder
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Tommy Effendy

Director of Project Resources Development
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Isnain Dintanio

Director of Operation
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Buyung Rachminto

Head of Operation
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Seirendra Maharlika

Senior Support and General Affairs
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Magdalena Quezada

Inorganic Chemist
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Jason Djuandy

Data Analyst Intern
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Andy Ibana

Laboratory Technician

Advisory Board

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Myriam El Kara

Supply Chain, GTM Strategy
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Audrey Fages

Finance, Operations
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Ankit Upadhyay

Strategy and Operations
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Loic Dujardin

Strategy, Organization
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Howard Turner, Ph.D.

Chemistry, Intellectual Property and R&D
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Prof Gisele Azimi, Ph.D., P.Eng.

Technoeconomic analysis, LCA and R&D

Ultimate battle victorious.

Ultimate battle victorious.

Ultimate battle victorious.

Ultimate battle victorious.

Ultimate battle victorious.

Ultimate battle victorious.

Ultimate battle victorious.

Ultimate battle victorious.

Ultimate battle victorious.

Ultimate battle victorious.