American Battery Technology Company (ABTC) has been making significant strides in the lithium industry in April. The company, known for its lithium-ion battery recycling facility near Reno and its lithium mine project in Tonopah, has recently completed the construction of its lithium hydroxide pilot plant. This pilot plant, located near Reno, is the first of its kind and will play a crucial role in ABTC’s unique process of extracting lithium from claystone deposits.
With the backing of a $4.5 million grant from the U.S. Department of Energy, ABTC is set to process hundreds of tons of claystone material at the pilot plant to produce battery-grade lithium hydroxide. This product will be tested and validated by potential customers in the automotive and battery manufacturing industries.
Looking ahead, ABTC plans to construct a commercial-scale refinery on its Tonopah Flats property near Tonopah. This refinery is expected to produce 30,000 metric tons of lithium hydroxide annually and has received a $57 million grant from the U.S. Department of Energy for its construction.
In addition to its advancements in lithium production, ABTC has also received substantial tax credit awards to support the design and construction of a new battery recycling facility. These awards highlight ABTC’s commitment to environmentally friendly practices and cutting-edge technology in the battery industry.
Overall, ABTC’s recent developments position the company as a key player in the lithium sector, with a focus on sustainable practices and innovative solutions for the future. With the demand for lithium set to increase in the coming years, ABTC’s strategic initiatives are well-timed to meet the needs of the market.