American Battery Technology Company

Battery Recycling Market worth $54.3 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, June 13, 2023
Doe Run Company, EV, American Battery Technology Company, Redwood Materials, Inc., TES, Recycling, EVS, Chemistry, Exide Industries, EnerSys, Growth, Electric battery, Umicore, Limited

By source, the automotive batteries segment is estimated to account for the largest share of battery recycling market during 2023 to 2030.

Key Points: 
  • By source, the automotive batteries segment is estimated to account for the largest share of battery recycling market during 2023 to 2030.
  • By chemistry, the lead acid batteries segment accounted for the largest share of battery recycling market in 2022.
  • Asia Pacific is estimated to account for the largest share of battery recycling market during 2023 to 2030.
  • The growing demand for electric vehicles (EVs) and increasing environmental regulations are responsible for the growth of the Asia Pacific battery recycling market.

Battery Recycling Market worth $54.3 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, June 13, 2023
Doe Run Company, EV, American Battery Technology Company, Redwood Materials, Inc., TES, Recycling, EVS, Chemistry, Exide Industries, EnerSys, Growth, Electric battery, Umicore, Limited

By source, the automotive batteries segment is estimated to account for the largest share of battery recycling market during 2023 to 2030.

Key Points: 
  • By source, the automotive batteries segment is estimated to account for the largest share of battery recycling market during 2023 to 2030.
  • By chemistry, the lead acid batteries segment accounted for the largest share of battery recycling market in 2022.
  • Asia Pacific is estimated to account for the largest share of battery recycling market during 2023 to 2030.
  • The growing demand for electric vehicles (EVs) and increasing environmental regulations are responsible for the growth of the Asia Pacific battery recycling market.

American Battery Technology Company Invited to Present at Battery Metals and Recycling Focused Investor Conferences

Retrieved on: 
Monday, June 12, 2023
Lithium, RBC, Deutsche Bank, Metal, American Battery Technology Company, InterContinental New York Barclay Hotel, EST, Recycling, ABTC, CFO, Conference, Cryptocurrency, Mobile phone, Instrumentation

RENO, Nev., June 12, 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, CEO Ryan Melsert has been invited to share industry insights and perspectives on building the domestic supply chain for lithium-ion battery materials through panels and presentations at industry conferences as noted below.

Key Points: 
  • RENO, Nev., June 12, 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, CEO Ryan Melsert has been invited to share industry insights and perspectives on building the domestic supply chain for lithium-ion battery materials through panels and presentations at industry conferences as noted below.
  • For those interested in arranging a one-on-one meeting with American Battery Technology Company or attending the panel presentation, please contact your Deutsche Bank representative.
  • For those interested in arranging a one-on-one meeting with American Battery Technology Company or attending the panel presentation, please contact your Cantor Fitzgerald representative.
  • For those interested in arranging a one-on-one meeting with American Battery management, please contact your RBC representative.

ABTC Hits Major Technical Milestones on Path to Commercializing Lithium Hydroxide Refining Operations in Nevada

Retrieved on: 
Tuesday, June 6, 2023
Lithium, University of Nevada, Reno, University, Crystallization, American Battery Technology Company, Black & Veatch, DuPont, Recycling, DOE, Reno 1868 FC, Collection, Engineering, Argonne National Laboratory, ABTC, TEA, Convention (norm), United States Department of Energy

RENO, Nev., June 6, 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, is proud to  announce that it has achieved all required milestones for the first phase of its U.S. Department of Energy (DOE)  $4.5M grant project for the design, construction, and operations of its lithium hydroxide from Nevada sedimentary claystone system.

Key Points: 
  • "We are excited to have achieved these technical and performance milestones for our internally developed processing train for the manufacturing of battery grade lithium hydroxide from our unconventional Nevada-based sedimentary claystone resource," stated ABTC CEO Ryan Melsert.
  • "There is near-infinite demand from automakers, battery manufacturers, and cathode refiners for this type of domestically produced low cost and low environmental impact lithium hydroxide material, and we are rapidly scaling up our commercial operations to meet this demand from our strategic partners."
  • While the U.S. does not hold large deposits of conventional lithium resources, such as hard rock ores and lithium-rich brines, it does have significant amounts of lithium held in unconventional deposits, such as sedimentary claystone resources.
  • ABTC has now engaged one of the premier global construction firms, Black & Veatch , for the engineering, procurement, and construction firms of its commercial scale lithium hydroxide refinery based on these fundamental metallurgical and mineral processing techniques.

ABTC CEO Ryan Melsert to Present at TD Cowen's Sustainability Week to Provide Updates and Showcase Efforts Driving Sustainable Solutions for a Domestic Battery Supply Chain

Retrieved on: 
Monday, June 5, 2023
Lithium, Fireside chats, American Battery Technology Company, TD, Research, Sustainability, Fireside, ABTC, ESG, Lithium batteries in China

This year's virtual conference will feature a Fireside Chat with ABTC's Melsert hosted by TD Cowen's equity research analyst and managing director of Sustainability & Energy Transition, David Deckelbaum.

Key Points: 
  • This year's virtual conference will feature a Fireside Chat with ABTC's Melsert hosted by TD Cowen's equity research analyst and managing director of Sustainability & Energy Transition, David Deckelbaum.
  • The Fireside Chat with Melsert is scheduled for 2:20-2:50 PM EST on Tuesday, June 6, 2023.
  • ABTC will participate in the "Lithium, battery technologies & electric vehicle charging" section of the event.
  • For those interested in arranging a one-on-one meeting with American Battery Technology Company, please contact your TD Cowen representative.

American Battery Solutions, Inc. Demonstrates 9540A Module-level Compliance for TeraStor™ SuperCell Assembly

Retrieved on: 
Thursday, May 25, 2023
Architecture, American Battery Technology Company, ESS, Intertek, ABS, Supercell, Cell, FRA, Safety, Electric battery, Engineering

This represents a critical milestone in demonstrating the unparalleled inherent safety of the TeraStor™ system architecture.

Key Points: 
  • This represents a critical milestone in demonstrating the unparalleled inherent safety of the TeraStor™ system architecture.
  • The rigorous testing process was executed on a set of five SuperCells containing 90 individual cells in ABS ESS’ robust proprietary configuration.
  • The way this architecture prevents cell-to-cell propagation is an industry-first,” said Greg Tremelling, ABS ESS Vice President of Engineering.
  • 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. Confirms Exceptional Reliability of TeraStor™ BESS System with Third-party Analysis

Retrieved on: 
Wednesday, May 24, 2023
SRA, Reliant, Iconectiv, ABS, American Battery Technology Company, Architecture, Electric battery

BOSTON, May 24, 2023 (GLOBE NEWSWIRE) -- American Battery Solutions, Inc.’s Energy Storage Solutions division (ABS ESS), manufacturer of the ultra-high-density TeraStor™ lithium-ion battery energy storage platform, today announced the extraordinary outcomes of a reliability analysis performed by Reliant Labs (Reliant) in Sunnyvale, CA.

Key Points: 
  • BOSTON, May 24, 2023 (GLOBE NEWSWIRE) -- American Battery Solutions, Inc.’s Energy Storage Solutions division (ABS ESS), manufacturer of the ultra-high-density TeraStor™ lithium-ion battery energy storage platform, today announced the extraordinary outcomes of a reliability analysis performed by Reliant Labs (Reliant) in Sunnyvale, CA.
  • The comprehensive elective evaluation of the TeraStor™ architecture demonstrates the company’s commitment to delivering large-scale energy storage solutions that outpace the industry in value.
  • “A system reliability analysis (SRA) evaluates and quantifies the fault-tolerant architecture, redundancy for critical system components, efficient fault detection and recovery mechanisms,” said Reliant President Chase Wurz.
  • 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.

ABTC Hires Veteran Chief Financial Officer as Company Prepares for Commercial Scale Manufacturing Operations

Retrieved on: 
Monday, May 22, 2023
Lithium, U.S. Department of Energy, Office of Inspector General, Bachelor of Science in Information Technology, University, U.S. Department of Defense Strategy for Operating in Cyberspace, Kraft Foods, Metal, American Battery Technology Company, Black & Veatch, Wharton School of the University of Pennsylvania, EPC, Risk management, Philip Morris, MBA, Recycling, Black, Accounting, Visa, FIN Atlantic Film Festival, ABTC, CFO, Growth, United, Economics, Management, Airline, Science, Altria, Deutsch, New York University

RENO, Nev., May 22, 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, is pleased to announce the appointment of Jesse Deutsch as its new Chief Financial Officer.

Key Points: 
  • "As we ramp up our commercial scale manufacturing operations over the coming months, we are excited to have such an experienced leader as Jesse join ABTC in this pivotal time to help drive our growth and financial path forward," stated ABTC CEO Ryan Melsert.
  • Deutsch, a seasoned financial executive leader, brings over 25 years of finance experience in world-class multinational corporations in the U.S. and abroad.
  • In his role as CFO at ABTC, Deutsch will oversee all financial operations of the company including executing strategic financial growth strategies to accelerate the commercialization of the company's battery recycling and battery metals manufacturing operations.
  • Deutsch is well positioned to lead ABTC financial operations through its next level of growth and commercial scale revenue generation.

American Battery Technology Company Releases Third Fiscal Quarter FY2023 Financial Results

Retrieved on: 
Tuesday, May 16, 2023
Lithium, U.S. Department of Energy, Office of Inspector General, American Battery Technology Company, U.S. Department of Defense Strategy for Operating in Cyberspace, Metal, Black & Veatch, EPC, Research, Recycling, DOE, IRA, Black, Inflation, QP, State, Acquisition, Engineering, Water, ABTC, Qualified person (European Union), Inflation Reduction Act of 2022, Engagement, Cryptocurrency

RENO, Nev., May 16, 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 announced financial results from its third fiscal quarter 2023, ending on March 31, 2023.

Key Points: 
  • Prepares for Commissioning of Commercial-Scale Battery Recycling Operations, and Engagement of Global Construction Firm for Commercial-Scale Lithium Hydroxide Refinery
    RENO, Nev., May 16, 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 announced financial results from its third fiscal quarter 2023, ending on March 31, 2023.
  • American Battery Technology continues accelerated advancement of bringing new, domestic battery metal products to market
    The company's Q3 FY2023 financial report shows continued and accelerated advancement of bringing new, domestic battery metal products to market.
  • As the Inflation Reduction Act (IRA) reshapes global supply for battery metals, ABTC is advantageously and aggressively commercializing in its three core businesses of lithium-ion battery recycling, battery resource mineral development, and battery metals manufacturing.
  • Also in this quarter, ABTC published its maiden resource report for its Tonopah Flats Lithium Project near Tonopah, Nevada.

Comstock Advances Purchase and Sale of Facility

Retrieved on: 
Thursday, April 27, 2023
Comstock, Metal, American Battery Technology Company, Share (finance), First Amendment audits, Sale, Form S-3, Form, ABTC, Facility, NYSE

VIRGINIA CITY, Nev., April 27, 2023 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced the receipt of an additional $7 million toward the sale of the LINICO Battery Recycling Facility (the “Facility”) to American Battery Technology Company, a Nevada corporation (“ABTC”), bringing total cash received to date to $18 million of the $27.6 million purchase price.

Key Points: 
  • VIRGINIA CITY, Nev., April 27, 2023 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced the receipt of an additional $7 million toward the sale of the LINICO Battery Recycling Facility (the “Facility”) to American Battery Technology Company, a Nevada corporation (“ABTC”), bringing total cash received to date to $18 million of the $27.6 million purchase price.
  • Comstock has successfully completed the purchase of Facility and is now scheduled to receive the remaining net proceeds of over $8 million dollars over the next three months, with $3 million due in the next two weeks.
  • The Company is entitled to receive an additional $3.0 million in cash on or before May 12, 2023.
  • After the Company’s payment of $12.0 million to AQMS for Facility purchase and $1.5 million in escrow related to environmental liabilities, the Company expects to net over $14.0 million in cash from this transaction.