Patented Technology
An independent, non-HPAL route to Class 1 nickel, protected by a granted US patent and two international (PCT) applications.
About BANIQL
An independent, non-HPAL route to battery-grade nickel
The global battery supply chain depends on a single point of failure: roughly three-quarters of the world’s nickel refining sits in one country, and battery-grade (Class 1) nickel is projected to flip into structural deficit around 2028–2029 (IEA, Benchmark Minerals, S&P Global). BANIQL is building a category-defining critical-minerals platform to meet that demand cleanly — from EV batteries to the superalloys in spacecraft and the gas turbines powering AI data centers — turning nickel ore into MHP, nickel sulfate, and nickel metal without the high-temperature, high-pressure autoclaves of conventional HPAL.
We are TRL 6 today, with a pre-pilot operating in Indonesia since 2024, a product validated by potential customers across Asia and North America, and a signed, non-binding offtake LOI. Green nickel for a sustainable future.
US$0.0M
Raised across pre-seed and seed rounds
0
Patents — 1 granted, 2 international filed
>0 kg/day
Ore processed at our pre-pilot facility
>0 kg
Battery-grade MHP produced and validated by customers
Who we are
A team of chemists, engineers, and operators building a cleaner nickel supply chain
A cleaner process
Our process uses roughly 70–80% less energy than HPAL and is around 30x more nickel-selective, operating at near-ambient temperature and atmospheric pressure. By-products — agricultural fertilizer and magnesium products — are clean and recyclable.
Direct access to resource
A long-term ore-supply MOU in Indonesia anchors feedstock for scale-up, built on lasting relationships with established mining partners.
Why BANIQL
A defensible, validated, non-HPAL path to Class 1 nickel
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.
Secured Supply Chain
A long-term ore-supply MOU in Indonesia anchors feedstock for scale-up, from nickel ore through to nickel sulfate.
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.
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.
Our history
From a backyard experiment to TRL 6
Five years from first principles to a validated, commercially de-risked product — every step proven, not promised.
Traction & credibility
What we have proven
Funding
- Raised US$3.3M across pre-seed and seed rounds (2021–2025)
- Backed by institutional investors and angels across the US, Asia, and Europe
- Selected for TIPS Global Project (Korea) and NVIDIA Inception
Technology
- Developed a non-HPAL chemistry and process for Class 1 nickel
- 1 US patent granted and 2 international (PCT) applications filed
- Reached TRL 6, validated at pre-pilot scale
Team
- Operator-grade advisors from across the global nickel and battery supply chain
- Founders from UC Berkeley, Cornell and KAIST with battery and hydrometallurgy backgrounds
- Built teams across the US, Indonesia, and Korea
Scale Up
- Pre-pilot facility operating in Indonesia since 2024
- Processing more than 100 kg/day of ore
- Produced over 1,000 kg of battery-grade MHP
Go-to-Market
- Signed a non-binding offtake LOI with a Korean customer, estimated at US$16.5–21M
- Product validated by potential customers in Korea, Japan, Taiwan, and the US
- Secured a long-term ore-supply MOU in Indonesia
Our team
Founders and operators across the US, Korea, and Indonesia
United States
BANIQL Korea
BANIQL Indonesia
Isnain Dintanio
Director of Operations
Tommy Effendy
Director of Project Resources & Exploration
Buyung Rachminto
Head of Technical & Facility
Alamsyah Puteh
Junior Process Engineer
Desri Mahramuna
Junior Process Engineer
Fadhillah Annas
Junior Process Engineer
Asep Rukanda
Head of HSE & General Affairs
Doni Setiawan
General Affairs Staff
Seirendra Maharlika
Senior General Support Advisor
Advisory Board
Nahyung Kim
Advisor — Strategic Business Development
Backed by
Partners & sponsors
Contact us
Reach out to learn more about BANiQL.
Get in touch to learn more about the Baniql Process, get samples, and discuss opportunities to be part of our journey.