Press release
American Battery Technology Company Doubles Quarterly Production at Lithium-Ion Battery Recycling Facility
Reno, Nev., April 03, 2025 (GLOBE NEWSWIRE) -- Achievement demonstrates capabilities of company’s internally-developed, first-of-kind, commercial-scale
About this update from American Battery Technology Company
[{"type":"text","content":"Reno, Nev., April 03, 2025 (GLOBE NEWSWIRE) -- Achievement demonstrates capabilities of company’s internally-developed, first-of-kind, commercial-scale battery recycling technologies for recovery of battery critical materials that meet stringent material quality specifications and standardsIncrease in production capacity has been supported by implementing 24/7 continuous operations and enhancing manufacturing operations throughput at its facility American Battery Technology Company (ABTC) (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, has achieved a significant milestone by more than doubling production of recycled battery materials at its commercial-scale lithium-ion battery recycling facility in the quarter ending March 31, 2025 as compared to the previous quarter. “This milestone demonstrates the capabilities of our recycling technologies, as well as the resilience and innovation of our team,” said Ryan Melsert, American Battery Technology Company CEO. “Through hundreds of targeted operational improvements, we’ve significantly enhanced production quality and output, paving the way for the next phase of our recycling technologies as we integrate our chemical extraction train into this facility to further upgrade these recycled products to high-purity cathode grade metals.” The company has made significant advancements in its production processes, moving from a commissioning phase to 24/7 operations. Key milestones include the sourcing of recurring shipments of large-scale batteries from strategic automotive OEMs, the production and sale of commercial quantities of low-impurity intermediate black mass material, and the sale of numerous recycled byproducts. The production of intermediate black mass that demonstrates industry-defined low-impurity levels has resulted in favorable selling prices, and will be a significant advantage as ABTC moves into processing its own intermediate black mass in its internal chemical extraction train to produce high-purity critical battery metals. The company plans to continue to enhance production quality and further scale operations of its facility, targeting even greater efficiencies and sustainable practices. With these innovations, the...