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American Battery Technology Company Awarded $144 Million Grant Contract for Second Lithium-Ion Battery Recycling Facility

Dec 18, 2024over 1 year ago

Contract Type

contract

RenoManufacturingRenewable Energy

Description

American Battery Technology Company has been awarded a contracted grant of $144 million from the U.S. Department of Energy for the construction of its second commercial-scale lithium-ion battery recycling facility. The facility will process approximately 100,000 tonnes/year of battery materials and output battery grade nickel, cobalt, manganese, and lithium hydroxide products to be sold to the North American market.

Company Information

Company

American Battery Technology Company

Location

Reno, Nevada, United States

About

American Battery Technology Company (ABTC), headquartered in Reno, Nevada, has pioneered first-of-kind technologies to unlock domestically manufactured and recycled battery metals critically needed to help meet the significant demand from the electric vehicle, stationary storage, and consumer electronics industries. Committed to a circular supply chain for battery metals, ABTC works to continually innovate and master new battery metals technologies that power a global transition to electrification and the future of sustainable energy.

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