Expanded Laboratory Capabilities Support Accelerated Commercialization Projects for Increased Supply of Domestically Sourced and Sustainable Battery Metals
American Battery Technology Company Expands Research Development Center at University of Nevada, Reno
American Battery Technology Company Expanded Research Development Center
Reno, Nevada, July 28 28, 2022 (GLOBE NEWSWIRE) — American Battery Technology Company, (ABTC) (OTCQB: ABML), an American critical battery materials company that markets both its primary mineral manufacturing and its secondary mineral lithium-ion battery technologies. recycling, establishes new labs at its Research Development Center focused on domestically sourced and sustainably sourced battery metal extraction and qualification processes currently housed at the Nevada Center for Applied Research (NCAR) located at the University of Nevada Reno (UNR).
“The ability to independently manufacture battery cathode grade lithium, nickel, cobalt and manganese hydroxide products from our recycling operations, to manufacture battery cathode grade lithium hydroxide from of our core Nevada-based lithium sediment materials, and being able to implement our own in-house developed analytical chemistry procedures to certify the quality of our specialty chemicals is a real catalyst for accelerating the commercialization of our processes developed in and a differentiator within this industry,” said Ryan Melsert, CEO of ABTC. “With this expansion into our fifth lab within NCAR at UNR, we can now perform all of these operations within a single facility, further accelerating our path forward.”
Since March 2021, ABTC’s technology team has called NCAR’s development facilities home and has since grown from a single lab to five private and shared labs totaling over 3,000 square feet. Along with the five-fold expansion of lab space comes the recent five-fold expansion of ABTC’s technical staff as part of the company’s recent and ongoing acquisition of highly competitive technical talent.
ABTC’s Research Development Center team focuses solely on first-of-its-kind in-house developed battery metal extraction technologies for both used battery recycling and metal fabrication primary battery from US based resources. The company’s in-house developed systems have the capability to recover and purify battery metals to the exacting quality standards required for resale directly into the domestic battery manufacturing supply chain.
Expanded labs and engineering team directly support the company’s key projects, including its Tonopah Flats lithium exploration project, USABC demonstration project and pilot-scale lithium-ion battery recycling plant pre-commercial currently under construction.
The ABTC Tonopah Flats lithium exploration project, supported by its recently awarded grant from the U.S. Department of Energy, Advanced Manufacturing Office and in partnership with DuPont, uses the company’s first processing train for hydroxide manufacturing of Nevada battery-grade lithium-sedimentary clay resources. The technologies in this process train have been developed through rigorous design based on first physical principles and have been demonstrated at the laboratory scale to be able to produce these battery-grade lithium products with radical cost improvement. of production and the environmental footprint.
In addition, the ABTC team has also developed and commercializes a suite of in-house designed technologies for the integrated recycling of lithium-ion batteries and the recovery and manufacturing of key battery metals including lithium, nickel, cobalt, manganese and copper. The company currently has its pre-commercial lithium-ion battery recycling plant under construction in northern Nevada, and is undergoing a commercial-scale development and demonstration project in conjunction with BASF and C4V through a grant provided by the U.S. Department of Energy in conjunction with the U.S. Advanced Battery Consortium (USABC), a subsidiary of the United States Council for Automotive Research (USCAR), which is a collaborative technology company comprised of General Motors, Ford, and Stellantis . The scope and definition of this U.S. government and automaker-sponsored project is specifically aimed at demonstrating that these battery metal products can be made from U.S. domestic resources, at lower cost, and at significantly improved social and environmental impact. compared to conventionally extracted products.
For more information, please visit: www.americanbatterytechnology.com.
About the American Battery Technology Company
American Battery Technology Company, which recently changed its name from American Battery Metals Corporation, is uniquely positioned to provide low cost, low environmental impact, domestically sourced battery metals through its three divisions: Recycling ion battery technology, primary battery metal mining technologies and primary resource development.
American Battery Technology Company has built a clean technology platform that is used to provide a key source of critical and strategic domestically manufactured battery metals to meet the near insatiable demand from the electric vehicle, grid storage, electrical and consumer electronics. This platform based on ESG principles aims to create a circular, closed-loop economy for battery metals that champions the ethical and environmentally sustainable sourcing of critical and strategic materials.
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are “forward-looking statements”. Although the management of American Battery Technology Company (the “Company”) believes these forward-looking statements to be reasonable, it cannot guarantee that such expectations are or will be correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company’s future results to differ materially from those anticipated. Potential risks and uncertainties include, among others, interpretations or reinterpretations of geological information, adverse exploration results, failure to obtain permits required for future exploration, development or production, economic conditions general and conditions affecting the industries in which the Company operates; uncertainty of regulatory requirements and approvals; fluctuations in mineral and commodity prices, final investment approval and the ability to obtain necessary financing on acceptable terms or not at all. Additional information regarding factors that could cause actual results to differ Significant portions of these forward-looking statements are available in the Company’s filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the fiscal year ended June 30, 2021. The Company assumes no obligation to update the information contained or referenced in this press release.
American Battery Technology Society
CONTACT: Tiffiany Moehring American Battery Technology Company 720-254-1556 [email protected]