Company receives U.S. Department of Energy grant award contract to support funding of refinery construction to sustainably unlock untapped domestic lithium resources
RENO, Nev., Sept. 6, 2023 /PRNewswire/ -- American Battery Technology Company (ABTC) (OTCQX:ABML), an integrated critical battery materials company that is commercializing both its primary minerals manufacturing and secondary minerals lithium-ion battery recycling technologies, is pleased to announce that it has received its $57 million contract award from the U.S. Department of Energy (DOE) for a multi-year project to design, construct, and operate its first-of-kind commercial-scale lithium hydroxide manufacturing facility in Tonopah, Nevada.
American Battery Technology Company receives U.S. DOE grant to construct refinery to unlock Nevada lithium resources.The receiving of this grant contract award marks a major milestone in the commercialization of ABTC's Tonopah Flats Lithium Project, which is designed to provide commercial-scale quantities of low-cost, low environmental impact, domestic critical mineral lithium hydroxide needed for the U.S. clean energy transition. Based on a recent third-party audited SK-1300-compliant Inferred* Resource Report, the Tonopah Flats Lithium Project is one of the largest known lithium resources in the United States, containing approximately 15.8 million tons of economically accessible lithium on a carbonate equivalent basis.
This project engages several world-class partners, including DuPont Water ...