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American Battery Technology achieves construction milestone for its lithium-ion battery recycling plant in Nevada

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American Battery Technology Company (ABTC) said it continues to make progress on its pre-commercial battery recycling plant in Fernley, Nevada, receiving approval of its Core and Shell Building Permit and achieving a major construction milestone.

The company said this paves the way for the next step of the project including construction of the production building, laboratories, and office space.

“We are excited to continue to accelerate progress towards the construction and commissioning of our first pre-commercial scale battery recycling facility,” said American Battery Technology CEO Ryan Melsert in a statement.

READ: American Battery Technology wins $2M USABC contract for demonstration of integrated lithium-ion battery recycling technologies

“As we finish above and below ground utility and site work, we are now in a position to continue straight through with the full construction of all of the onsite buildings and facilities. Beyond the battery recycling system itself, this facility will include several scales of analytical and process development laboratories, in addition to pilot development facilities, to continue to prove out our next generation recycling technologies and to facilitate our current corporate and government-supported grant projects.”

The company’s lithium-ion battery recycling facility will consist of three functional building areas totaling about 100,000 square feet of floor space. The three building spaces include the battery recycling production building, an office building with laboratories, and a finished goods warehouse. 

The onsite analytical and process laboratories, along with the pilot bays for validating next-generation technologies, will become the company’s global development center, providing the infrastructure and experimental tools to support current and future operations of our battery recycling and primary battery metal extraction technologies.

ABTC has pioneered a closed-loop battery recycling process that will separate and recover critical materials from end-of-life batteries and purify these battery metals to the same, or higher, quality specifications to conventional materials sourced from virgin mining operations. 

When operations commence, ABTC’s pilot plant will be scaled to process 20,000 metric tons of feedstock per year, which will produce battery-grade materials to be redeployed into the North American battery supply chain in a true closed-loop circular fashion.

“While the domestic manufacturing capacities of end-use-products, like electric vehicles, and of lithium-ion battery cells have grown rapidly in the US in recent years, unfortunately the upstream domestic production capacities of the battery metals that supply these operations have not kept pace,” Melsert said. 

American Battery Technology Company (OTCQB:ABML) is addressing this challenge by developing technologies and commercializing systems for the recycling of lithium-ion batteries and the recovery of constituent battery metals as well as for the production of battery metals directly from primary mineral resources in the Western US to create a closed-loop circular economy for the domestic US battery manufacturing supply chain.”

Contact the author: [email protected]

Follow him on Twitter @PatrickMGraham

Story by ProactiveInvestors


Source: https://www.proactiveinvestors.com/companies/news/966028/american-battery-technology-achieves-construction-milestone-for-its-lithium-ion-battery-recycling-plant-in-nevada-966028.html


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