American Battery Technology Company

American Battery Technology Company Hires Former Tesla Head of FP&A Europe, Scott Smith, as Vice President of Financial Planning and Analysis

Retrieved on:

Tuesday, April 30, 2024

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RENO, Nev., April 30, 2024 /PRNewswire/ -- American Battery Technology Company (ABTC) (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, is pleased to announce the onboarding of Scott Smith as its vice president of financial planning and analysis (FP&A) to support the company's strategic growth trajectory and to lead the company's investor relations functions.

Key Points:

Smith is an experienced finance professional with over a decade of expertise in financial business operations within the electric vehicle and consumer goods sectors.
He is skilled in strategic planning, intricate financial modeling, and fostering cross-functional partnerships with demonstrated success in enhancing cost efficiencies, facilitating market expansion, and maximizing investment returns.
"I am thrilled to join American Battery Technology Company to help support the company's rapid growth and to work with our strategic partners to facilitate our capital expansion projects," stated Scott Smith, ABTC's vice president of financial planning and analysis.
Smith earned a bachelor's in commerce from the Smith School of Business at Queen's University in Kingston Ontario.

American Battery Technology Company Announces Commissioning of First-of-Kind Facility for Manufacturing of Battery Grade Lithium Hydroxide from Nevada Claystone Deposit

Retrieved on:

Monday, April 22, 2024

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RENO, Nev., April 22, 2024 /PRNewswire/ -- American Battery Technology Company (ABTC) (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, announced the completion of construction and start of commissioning of its lithium hydroxide (LiOH) pilot plant marking a significant milestone in the commercialization of its internally-developed processes to access an unrealized domestic primary lithium resource.

Key Points:

"We have already generated thousands of liters of lithium solution from our claystone feedstock material demonstrating our selective lithium liberation technologies."
Over a dozen prospective strategic customers have already toured this pilot facility in recent months, and ABTC is currently evaluating opportunities for the long-term offtake of its battery grade lithium hydroxide.
ABTC has engaged one of the premier global construction firms, Black & Veatch , for the engineering, procurement, and construction of this commercial-scale lithium hydroxide refinery.
Bringing first-of-kind technologies to market, ABTC's battery recycling and primary battery metals commercialization efforts support the buildout of a domestically-sourced battery metals circular supply chain.

American Battery Technology Company Awarded Additional $40 Million Competitive Tax Credit to Accelerate Construction of Next Battery Recycling Facility

Retrieved on:

Thursday, April 4, 2024

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RENO, Nev., April 4, 2024 /PRNewswire/ -- American Battery Technology Company (ABTC) (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, has been selected for an additional award of $40.5 million through the Qualifying Advanced Energy Project Credits program (48C) to support the design and construction of a new, next-generation, commercial battery recycling facility to be located in the United States. As with ABTC's initial $20 million tax credit award under the 48C program supporting the construction and buildout of its battery recycling facility in Nevada, this additional award was granted by the U.S. Department of Treasury Internal Revenue Service following a highly competitive technical and economic review process performed by the U.S. Department of Energy (DOE), which evaluated the feasibility of applicant facilities to advance America's buildout of globally competitive critical material recycling, processing, and refining infrastructure.

Key Points:

RENO, Nev., April 4, 2024 /PRNewswire/ -- American Battery Technology Company (ABTC) (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, has been selected for an additional award of $40.5 million through the Qualifying Advanced Energy Project Credits program (48C) to support the design and construction of a new, next-generation, commercial battery recycling facility to be located in the United States.
"We are now at the point where we have more feedstock battery material for recycling under negotiations than can be processed in our current Nevada facility, and as a result we have been conducting preliminary design and site selection processes for our next commercial-scale recycling facility.
These ABTC recycling technologies have won several competitive corporate awards and government grants and are fundamentally different than conventional methods of battery recycling, which generally utilize either high temperature smelting operations or non-strategic shredding systems.
ABTC has been awarded over $60 million through the 48C program and over $70 million in U.S. DOE grants to support investment in the company's battery recycling and primary battery metals commercialization efforts to buildout a domestic battery metals circular supply chain.

American Battery Technology Company Awarded $20 Million Tax Credit through Competitive US DOE Process to Advance its Critical Minerals Battery Recycling Facility

Retrieved on:

Wednesday, April 3, 2024

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RENO, Nev., April 3, 2024 /PRNewswire/ -- American Battery Technology Company (ABTC) (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, was selected for an approximately $20 million award through the Qualifying Advanced Energy Project Credits program (48C). This award was granted by the U.S. Department of Treasury Internal Revenue Service following a highly competitive technical and economic review process performed by the U.S. Department of Energy (DOE), which evaluated the feasibility of applicant facilities to advance America's buildout of globally competitive critical material recycling, processing, and refining infrastructure.

Key Points:

RENO, Nev., April 3, 2024 /PRNewswire/ -- American Battery Technology Company (ABTC) (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, was selected for an approximately $20 million award through the Qualifying Advanced Energy Project Credits program (48C) .
These ABTC recycling technologies have won several competitive corporate awards and government grants and are fundamentally different than conventional methods of battery recycling, which generally utilize either high temperature smelting operations or non-strategic shredding systems.
Combined with ABTC's previously awarded U.S. DOE grants totaling over $70 million, these funds support investment in the company's battery recycling and primary battery metals commercialization efforts to buildout a domestically-sourced battery metals circular supply chain.
These efforts simultaneously aim to foster a sustainable and equitable workforce through partnerships that can propel the new energy transition.

American Battery Technology Company Appoints Financial Industry Veteran, Susan Yun Lee, to Board of Directors

Retrieved on:

Friday, March 29, 2024

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RENO, Nev., March 29, 2024 /PRNewswire/ -- American Battery Technology Company (ABTC) (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, today announced that financial industry veteran, Susan Yun Lee, will join the ABTC Board of Directors effective April 1, 2024.

Key Points:

RENO, Nev., March 29, 2024 /PRNewswire/ -- American Battery Technology Company (ABTC) (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, today announced that financial industry veteran, Susan Yun Lee, will join the ABTC Board of Directors effective April 1, 2024.
"We are excited to welcome Susan to the ABTC Board," stated ABTC Chairman Rick Fezell.
"Her expertise in financial markets will be invaluable in reinforcing ABTC's strong culture of fiscal stewardship."
"I'm greatly looking forward to joining the ABTC team at such an exciting time in the rapidly growing domestic battery critical minerals industry," stated incoming board member Susan Yun Lee.

American Battery Technology Company Added to MSCI Micro-Cap Index

Retrieved on:

Thursday, February 22, 2024

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RENO, Nev., Feb. 22, 2024 /PRNewswire/ -- American Battery Technology Company, (ABTC) (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 is pleased to announce that MSCI has selected the company's shares for inclusion in its Global Micro-Cap Index. MSCI will be reweighting this index on February 29, 2024. A wide range of Micro-Cap ETF's follow this benchmark and may reweight their holdings over the coming weeks.

Key Points:

RENO, Nev., Feb. 22, 2024 /PRNewswire/ -- American Battery Technology Company , (ABTC) (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 is pleased to announce that MSCI has selected the company's shares for inclusion in its Global Micro-Cap Index.
MSCI will be reweighting this index on February 29, 2024.
A wide range of Micro-Cap ETF's follow this benchmark and may reweight their holdings over the coming weeks.
"Inclusion in this MSCI Index is a benefit of this initial move and the management team looks forward to continuing to educate investors through an active conference calendar over the coming weeks."

American Battery Technology Company Releases Second Quarter Fiscal Year 2024 Financial Report

Retrieved on:

Wednesday, February 14, 2024

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RENO, Nev., Feb. 14, 2024 /PRNewswire/ -- American Battery Technology Company (ABTC) (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its first-of-kind technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, announced its second quarter fiscal year (FY) 2024 financial results, for the period ending December 31, 2023.

Key Points:

Company continues to ramp operations and manufacture commercial-scale quantities of recycled metal products at its first lithium-ion battery recycling facility, and has contracted and begun receiving funds for two U.S. Department of Energy grants supporting over $135 million of projects
RENO, Nev., Feb. 14, 2024 /PRNewswire/ -- American Battery Technology Company (ABTC) (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its first-of-kind technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, announced its second quarter fiscal year (FY) 2024 financial results, for the period ending December 31, 2023.
ABTC continues to advance its battery recycling systems to fully-ramped operations at its first commercial-scale lithium-ion battery recycling facility.
In its first months of operations, the company has successfully manufactured a large inventory of recycled battery metal products for sale to its domestic-U.S. strategic partners.
Additional recent company information and updates can be found at www.americanbattery.com/events-and-presentations including:
American Battery Technology Company's Annual Meeting of Shareholders Fiscal 2024, Presentation
American Battery Technology Company's Annual Meeting of Shareholders Fiscal 2024, Video Playback
American Battery Technology Company's January Overview and Analyst Q&A, Video Playback

American Battery Technology Company CEO Ryan Melsert Invited as Industry Expert to Discuss Solving Supply Challenges with Battery Recycling at Bloomberg New Energy Finance Summit

Retrieved on:

Monday, January 29, 2024

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RENO, Nev., Jan. 29, 2024 /PRNewswire/ -- American Battery Technology Company (ABTC) (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, will participate in the Bloomberg New Energy Finance (BNEF) Summit in San Francisco from Tuesday, January 30, 2024 – Wednesday, January 31, 2024.

Key Points:

RENO, Nev., Jan. 29, 2024 /PRNewswire/ -- American Battery Technology Company (ABTC) (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, will participate in the Bloomberg New Energy Finance (BNEF) Summit in San Francisco from Tuesday, January 30, 2024 – Wednesday, January 31, 2024.
ABTC CEO Ryan Melsert to participate on the expert panel titled, "Can Battery Recycling Solve Supply Chain Challenges'' with industry leaders and moderated by BloombergNEF's Energy Storage Associate Andy Leach.
The panel will discuss perspectives on the domestic scaling of battery recycling capacity and some of the biggest challenges that lie ahead.
For more information about this event, visit: BNEF Summit 2024 .

Lithium-Ion Battery Recycling Market Poised for Unprecedented Growth with Advancements in Sustainable Practices

Retrieved on:

Wednesday, January 24, 2024

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Global Analysis Reflects Significant Surge in Lithium-Ion Battery Recycling Adoption, Understanding Contributing Factors and Future Projections from 2023 to 2033

Key Points:

Global Analysis Reflects Significant Surge in Lithium-Ion Battery Recycling Adoption, Understanding Contributing Factors and Future Projections from 2023 to 2033
In an insightful new research publication, global market observers have witnessed a remarkable escalation in the lithium-ion battery recycling market.
This regional trend, coupled with the pressing need to navigate end-of-life battery scenarios, paints the trajectory for the lithium-ion battery recycling market.
Furthermore, technological advancements in recycling methodologies – such as hydrometallurgy, pyrometallurgy, and direct recycling – are being rigorously optimized to enhance efficiency and eco-friendliness.
This comprehensive analysis of the lithium-ion battery recycling market lends crucial strategies for businesses aiming to penetrate this lucrative market.

Nextracker Appoints Two New Members to Board of Directors

Retrieved on:

Tuesday, January 2, 2024

Blunden is an accomplished executive leader and strategic advisor currently serving on the Board of four organizations in the energy sector.

Key Points:

Blunden is an accomplished executive leader and strategic advisor currently serving on the Board of four organizations in the energy sector.
In conjunction with the successful completion of its separation from Flex, Nextracker also announced all Flex employee members of the Nextracker Board of Directors stepped down from the Board and any Board committees on which they were serving effective January 2, 2024, including Christian Bauwens, Michael Hartung, Paul Lundstrom, Scott Offer, Rebecca Sidelinger, and Kyra Whitten.
“We’re excited to incorporate their vision and business leadership as we scale Nextracker to the next level as an independent public company.”
“On behalf of the Board and the entire Nextracker team, we sincerely thank the outgoing six Board members for their stewardship and contributions to Nextracker,” said Shugar.
Blunden brings extensive Board leadership and is currently an active Board member for American Battery Technology Company, ZincFive, Plus Power, LLC as well as Board chair for New Energy Nexus.