Press release
US Department of Energy Secretary Jennifer Granholm Tours American Battery Technology Company Commercial Facilities
RENO, Nev., June 21, 2024 /PRNewswire/ -- American Battery Technology Company (NASDAQ: ABAT), an integrated critical battery materials company that is
About this update from American Battery Technology Company
[{"type":"text","content":"RENO, Nev., June 21, 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, hosted U.S. Department of Energy Secretary Jennifer Granholm and members of her staff at its commercial lithium-ion battery recycling facility earlier this week. The tour follows American Battery Technology Company's (ABTC) recent announcement of its first successful manufacturing of lithium hydroxide from its first-of-kind, Nevada-based claystone integrated demonstration plant that was constructed with support from a grant from the U.S. Department of Energy (DOE).\n\n \n \n \n \n \n \n\n \n\"I'm very proud of our team for constructing and commissioning ahead of schedule our multi-tonne per day demonstration system for the manufacturing of battery grade lithium hydroxide from our own Nevada-based sedimentary claystone resource,\" stated American Battery Technology Company CEO Ryan Melsert. \"It was an especially proud moment to have Secretary Granholm come onsite to tour this demonstration facility, to review our progress on scaling this technology even further to our commercial scale refinery with support from an additional U.S. DOE grant, and to have so many of our strategic partners and stakeholders onsite to galvanize our path forward and align to establishing a true US closed-loop battery supply chain.\"\nDuring the visit, Secretary Granholm toured ABTC's lithium hydroxide from claystone demonstration facility, its lithium-ion battery recycling plant, and met several ABTC strategic partners and stakeholder leaders who participated in the tour and events.\nThe tour started with ABTC's lithium hydroxide from claystone demonstration facility highlighting the company's integrated, first-of-kind process train specifically designed to access the lithium in these types of US-based unconventional resources to produce a low-cost and low environmental impact lithium hydroxide monohydrate product (LiOH) that meets the rigorous specifications for use in high energy density battery cathode manufacturing. While the U.S. does not hold large deposits of conventional lithium resources, such as hard rock ores and lithium-rich brines, it does have significant am...