American Battery Technology Company

American Battery Technology Company Secures up to $50M Investment to Support Commercial-Scale Battery Material Construction Projects

Retrieved on: 
Thursday, August 31, 2023
Lithium, Commercialization, Senior, American Battery Technology Company, Classification, Recycling, DOE, State, U.S. Department of Energy, Office of Inspector General, OTCQX, ABTC

RENO, Nev. , Aug. 31, 2023 /PRNewswire/ -- American Battery Technology Company ("ABTC") (OTCQX: ABML), an integrated battery materials technology company, announced today that after completion of a competitive diligence process to secure funding to facilitate advancement of the company's commercial-scale construction projects, the company has consummated a debt financing with a single institutional investor for up to $50 million in zero coupon, Senior Secured Convertible Notes.

Key Points: 
  • American Battery Technology Company Secures $50M Investment for Commercialization of US Lithium-Ion Battery Materials.
  • These funds will support the near-term expansion of ABTCs battery material processing operations, including:
    1) Lithium-Ion Battery Recycling: ABTC currently has the first phase of its first commercial-scale recycling facility undergoing commissioning, which utilizes ABTCs internally-developed technologies for the strategic demanufacturing and recycling of battery components.
  • 3) Primary Lithium-Hydroxide Refinery: ABTC has developed its own technologies for the refining of its lithium-bearing claystone resource into battery grade lithium hydroxide product.
  • The funds from this announced investment will directly support these commercial scale construction efforts as matching funds.

American Battery Technology Company Confirms Presence of Lithium at Depths Greater than 1,400 Feet at Tonopah Flats Lithium Project

Retrieved on: 
Tuesday, August 29, 2023
Lithium, Paragon, University, Office of Inspector General, U.S. Department of Health and Human Services, American Battery Technology Company, Classification, DuPont, Mineral Resources Limited, U.S. Department of Energy, Office of Inspector General, DOE, Reno 1868 FC, QP, ABTC, LCE, Summer, Mining, Rare-earth element

RENO, Nev., Aug. 29, 2023 /PRNewswire/ -- American Battery Technology Company (ABTC) (OTCQX: ABML), an integrated battery materials technology company, has achieved targeted core drilling depth of 1,430 feet, one of the deepest lithium sampling areas in Smoky Valley, as part of its third drill program aimed to advance its Tonopah Flats Lithium Project. This drill program has currently completed 4 of the 8 holes of this infill and step out drilling sampling effort, and supports the development of this domestic resource towards upgraded 'measured and indicated' resource classification.

Key Points: 
  • RENO, Nev., Aug. 29, 2023 /PRNewswire/ -- American Battery Technology Company (ABTC) (OTCQX: ABML), an integrated battery materials technology company, has achieved targeted core drilling depth of 1,430 feet, one of the deepest lithium sampling areas in Smoky Valley, as part of its third drill program aimed to advance its Tonopah Flats Lithium Project.
  • American Battery Technology Company confirms presence of lithium at depths greater than 1,400 feet in Nevada resource.
  • "Our previous deepest hole was 825 feet, and we have now sampled at over 1,400 feet deep with four drill holes completed in this eight-hole program.
  • This drill program aims to expand the lithium mineralization zone with step out drilling and confirm the presence mineralization between step out holes with infill drilling.

American Battery Technology Company and TechMet-Mercuria Initiate Strategic Partnership for Marketing and Sales of Recycled Battery Metal Products

Retrieved on: 
Tuesday, August 22, 2023
Partnership, Manganese, Metal, American Battery Technology Company, Marketing, Recycling, Sale, EVS, ABTC, Growth, Tahoe Reno Industrial Center, Cobalt, Lithium, Electric battery

RENO, Nev., Aug. 22, 2023 /PRNewswire/ --  American Battery Technology Company (ABTC) (OTCQX: ABML), an American critical battery materials company that is commercializing both its primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling technologies, and TechMet-Mercuria, a responsible energy metals platform providing working capital financing, leading-edge marketing expertise, and logistics solutions to supply critical battery metals to support the growth of the electric vehicle, energy storage, and renewable energy industries, are pleased to announce the initiation of their strategic partnership.  This partnership includes the manufacturing, sales, and marketing of ABTC produced recycled metal products, and a non-dilutive investment into ABTC of up to $20 million through the pre-purchase of these recycled metal products.

Key Points: 
  • This partnership includes the manufacturing, sales, and marketing of ABTC produced recycled metal products, and a non-dilutive investment into ABTC of up to $20 million through the pre-purchase of these recycled metal products.
  • American Battery Technology Company and TechMet-Mercuria initiate strategic marketing partnership for recycled products.
  • "I am very pleased to kick off our strategic partnership with TechMet-Mercuria," commented ABTC CEO Ryan Melsert.
  • "Through this strategic partnership the ABTC and TechMet-Mercuria teams are working to market, transport, and sell these intermediate recycled black mass materials to strategic metal refiners throughout the world."

American Battery Technology Company Finalizes Purchase of Commercial-Scale Battery Recycling Facility

Retrieved on: 
Monday, August 21, 2023
Manganese, Metal, American Battery Technology Company, Aluminium, Steel, Recycling, HVAC, Acquisition, ABTC, Copper, Nitrogen, Tahoe Reno Industrial Center, Cobalt, Compressed air, Safety, Lithium, TRIC, Electric battery, McCarran

RENO, Nev., Aug. 21, 2023 /PRNewswire/ -- American Battery Technology Company (ABTC) (OTCQX: ABML), an American critical battery materials company that is commercializing both its primary minerals manufacturing and secondary minerals lithium-ion battery recycling technologies, has finalized the purchase of its commercial-scale battery recycling facility located in the Tahoe-Reno Industrial Center (TRIC) at 2500 Peru Drive, McCarran, Nevada.  In March, ABTC entered into agreements to acquire the existing facility and the installed industrial utility equipment in order to accelerate the first commercial scale implementation of its internally-developed first-of-kind lithium-ion battery recycling technologies.

Key Points: 
  • RENO, Nev., Aug. 21, 2023 /PRNewswire/ -- American Battery Technology Company (ABTC) (OTCQX: ABML), an American critical battery materials company that is commercializing both its primary minerals manufacturing and secondary minerals lithium-ion battery recycling technologies, has finalized the purchase of its commercial-scale battery recycling facility located in the Tahoe-Reno Industrial Center (TRIC) at 2500 Peru Drive, McCarran, Nevada.
  • In March, ABTC entered into agreements to acquire the existing facility and the installed industrial utility equipment in order to accelerate the first commercial scale implementation of its internally-developed first-of-kind lithium-ion battery recycling technologies.
  • American Battery Technology Company finalizes purchase of commercial-scale lithium-ion battery recycling facility.
  • "The acquisition of this move-in ready industrial recycling facility has greatly accelerated our progress towards the first implementation of our integrated commercial-scale, lithium-ion battery recycling operations," stated ABTC CEO Ryan Melsert.

American Battery Technology Company Commences Third Drill Program Marking Continued Development of Its Lithium Claystone Resource in Tonopah, Nevada

Retrieved on: 
Thursday, August 17, 2023
Lithium, Paragon, University, LCE, Office of Inspector General, U.S. Department of Health and Human Services, American Battery Technology Company, Classification, DuPont, U.S. Department of Energy, Office of Inspector General, Glacier Media, Recycling, DOE, Reno 1868 FC, QP, HQ, Collection, KB, ABTC, Mineral Resources Limited, Summer, Rare-earth element, Uranium mining

RENO, Nev., Aug. 17, 2023 /PRNewswire/ -- American Battery Technology Company (ABTC) (OTCQX: ABML), an American critical battery materials company that is commercializing both its primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling technologies, began its third drill program to advance its Tonopah Flats Lithium Project, identified as one of the largest known lithium resources in the United States, and was recently named the 'fifth largest lithium clay and hard rock project in the world' by Mining.com. This drill program has commenced core infill and step out drilling to support evolution of this domestic resource towards upgraded 'measured and indicated' resource classification.   

Key Points: 
  • This drill program has commenced core infill and step out drilling to support evolution of this domestic resource towards upgraded 'measured and indicated' resource classification.
  • American Battery Technology Company aims to expand mineral classification of its lithium claystone resource in Nevada.
  • The company has selected and engaged KB Drilling of Mound House, Nevada for the collection of its infill and step out samples from its third drill program.
  • "We are excited to have kicked off this third drill program to continue the development and expansion of our Nevada lithium claystone resource," stated ABTC CEO Ryan Melsert.

Comstock Announces Second Quarter 2023 Results and Corporate Updates

Retrieved on: 
Thursday, August 10, 2023
Q&A, American Battery Technology Company, Indian Institute of Science, Gasoline, Research, Carbon, Comstock Mine, Sale, DFT, Alfredo De Gasperis, Gold, Density functional theory, Investment, Mining, ABTC, Artificial intelligence, CFD, Facility, NYSE, Metal, Renewable energy, Lithium, Commercial property, Sales, Fine chemical, Cryptocurrency, Green

VIRGINIA CITY, Nev., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”), an innovator of technologies that enable systemic decarbonization and the energy transition by efficiently converting under-utilized natural resources into renewable energy products, today announced its second quarter results and business updates.

Key Points: 
  • VIRGINIA CITY, Nev., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”), an innovator of technologies that enable systemic decarbonization and the energy transition by efficiently converting under-utilized natural resources into renewable energy products, today announced its second quarter results and business updates.
  • “The focus for 2023 is the commercialization of our technologies,” said Corrado De Gasperis, Comstock’s executive chairman and chief executive officer.
  • Comstock will host a conference call today, Thursday, August 10, 2023, at 4:15 p.m.
  • ET to report its Second Quarter 2023 results and business update.

ABTC Finalizes Design and Receives Approval for Third Drill Program to Advance Development of its Nevada-Based Lithium Claystone Resource

Retrieved on: 
Tuesday, August 1, 2023
Lithium, University, American Battery Technology Company, Classification, DuPont, DOE, Reno 1868 FC, QP, ABTC, LCE, Economics, Mining, Oil

RENO, Nev., Aug. 1, 2023 /PRNewswire/ -- American Battery Technology Company (ABTC) (OTCQX: ABML), an American critical battery materials company that is commercializing both its primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling technologies, has finalized design and received permit approval from the U.S. Bureau of Land Management to commence its third drill program to advance its Tonopah Flats Lithium Project, identified as one of the largest known lithium resources in the U.S.  This drill program will focus on core infill drilling and material sampling at greater depths, marking the next step in progressing the inferred resource to a commercial reserve.  

Key Points: 
  • "We are extremely pleased to receive approval for our third drill program at our Nevada Tonopah Flats Lithium Project," stated ABTC CEO Ryan Melsert.
  • "While the maiden resource report we published in Spring 2023 was impactful, this resource is still under-explored with only 65% of our claims explored.
  • As part of this third drill program, ABTC will collect samples from initially up to 5,000 feet of total drilling from at least 8 additional drill holes.
  • ABTC has developed its lithium extraction and processing techniques specifically for use with this Nevada-based sedimentary claystone resource.

ABTC CEO Ryan Melsert to Discuss Company's Sustainable Solutions to US Critical Material Supply Chains at Fastmarkets' Lithium Supply and Battery Raw Materials 2023 Conference

Retrieved on: 
Tuesday, June 20, 2023
Lithium, Business development, U.S. Department of Defense Strategy for Operating in Cyberspace, Metal, American Battery Technology Company, Business, Recycling, ABTC, Interior, PRA, SQM

They will be joining the industry expert panel discussion on "Accelerating Sustainability: From ethical sourcing of materials to faster-charging infrastructure.

Key Points: 
  • They will be joining the industry expert panel discussion on "Accelerating Sustainability: From ethical sourcing of materials to faster-charging infrastructure.
  • "  Panelists will share insights on the key factors affecting the path to electrification and a lower carbon-emissions future, including critical materials supply chains.
  • This year's conference is focused on trends in the battery raw material markets and connects the global battery refined materials community.
  • Fastmarkets is a leading cross-commodity price reporting agency (PRA) in the metals and mining markets, and this annual conference addresses the latest supply and demand trends for lithium and other key battery raw materials.

American Battery Solutions and EVE Energy Establish Master Supply Agreement (MSA) for Prismatic LFP Cells in the TeraStor™ BESS System

Retrieved on: 
Friday, June 16, 2023
Partnership, Cell, LFP, ESS, ABS, MSA, American Battery Technology Company, EVE, Kilowatt-hour, Primearth EV Energy, Architecture, Electric battery, Operation

MUNICH, Germany, June 16, 2023 (GLOBE NEWSWIRE) -- This week at The smarter E Europe exhibition, American Battery Solutions, Inc.’s Energy Storage Solutions division (ABS ESS; exhibitor stand B2.476), manufacturer of the ultra-high-density TeraStor™ battery energy storage platform, announced a strategic partnership with EVE Energy (EVE), a distinguished global supplier of high-quality battery cells.

Key Points: 
  • MUNICH, Germany, June 16, 2023 (GLOBE NEWSWIRE) -- This week at The smarter E Europe exhibition, American Battery Solutions, Inc.’s Energy Storage Solutions division (ABS ESS; exhibitor stand B2.476), manufacturer of the ultra-high-density TeraStor™ battery energy storage platform, announced a strategic partnership with EVE Energy (EVE), a distinguished global supplier of high-quality battery cells.
  • Under this agreement for prismatic LFP cells, ABS ESS and EVE have confirmed raw material supply and production capacity that will support a portion of ABS ESS’s impressive plans to deploy over 30 GWh of their innovative energy storage architecture over the next three years.
  • The extended warranty options and flexible energy assurance plans demonstrate the company’s commitment to delivering revolutionary energy storage solutions at the highest quality and greatest total lifetime value to customers.
  • For more information on American Battery Solutions’ Energy Storage Division and the 7.2 MWh (600MWh/acre) TeraStor™, please visit https://www.americanbatterysolutions.com/ess/ess-home.

American Battery Solutions, Inc.’s ESS Division Launches European Presence

Retrieved on: 
Monday, June 12, 2023
Bud Collins, Exhibition, Watson, ESS, ABS, Investment, American Battery Technology Company, Kilowatt-hour, Architecture, Safety, BESS, Renewable energy

Since that time, the company has built capacity to deploy more than 30 GWh of their cutting-edge product over the next three years.

Key Points: 
  • Since that time, the company has built capacity to deploy more than 30 GWh of their cutting-edge product over the next three years.
  • We look forward to introducing it to the European market this week.”
    To provide focused attention to customers in the region, ABS ESS has hired Brian Watson as Vice President, Sales – ESS for Europe, the Middle East and Africa.
  • With extensive experience with many well-respected companies in technology and the energy industry, Watson will drive the company's expansion in the European market.
  • For more information on American Battery Solutions’ Energy Storage Division and the 7.2 MWh (600MWh/acre) TeraStor™, please visit booth B2.476 at “The smarter E Europe” exhibition or https://www.americanbatterysolutions.com/ess/ess-home.