Press release
American Battery Technology Company Successfully Manufactures Lithium Hydroxide from its First-of-Kind, Nevada-Based Claystone Integrated Demonstration Facility
American Battery Technology Company (NASDAQ:ABAT) demonstrates ability to manufacture commercially-viable lithium product with its internally-developed
About this update from American Battery Technology Company
[{"type":"text","content":"American Battery Technology Company (NASDAQ:ABAT) demonstrates ability to manufacture commercially-viable lithium product with its internally-developed processing technologies from a U.S resource, diminishing reliance on foreign entitiesDemonstration-scale quantities of manufactured lithium hydroxide to be used for qualification processes by strategic partners in negotiation of long-term commercial-scale offtake agreements that can directly support build out of a North American Critical Battery Minerals Supply ChainSuccessful operation of demonstration facility allows for acceleration of construction and operations of U.S. Department of Energy (DOE) grant supported 30,000 MT LiOH/year commercial-scale domestic refinery to be located at its Tonopah Flats Lithium Project, one of the largest known lithium deposits in the United StatesRENO, Nev., June 18, 2024 /PRNewswire/ -- American Battery Technology Company (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, announced that it has successfully manufactured demonstration-scale quantities of lithium hydroxide material produced in its integrated facility specifically utilizing its own lithium bearing claystone material from its Tonopah Flats Lithium Project (TFLP) resource near Tonopah, Nevada.\n\n \n \n \n \n \n \n\n \n\"There are currently multiple corporations constructing multi-billion-dollar facilities for the manufacturing of high energy density cathode active material within North America, and these facilities require large amounts of lithium specifically in the form of battery grade lithium hydroxide as their feed material,\" stated ABTC CEO Ryan Melsert. \"However, there are currently no commercial facilities within the U.S. to manufacture battery grade lithium hydroxide from U.S.-based resources. We are excited to have developed our own technologies for how to manufacture lithium hydroxide from our own U.S.-based unconventional claystone resource, to have constructed this integrated demonstration scale facility with support from the US Department of Energy through a competitive grant where we can process hundreds of tonnes of material, and to now be manufacturing large quantities of lithium hydroxide material to deliver...