White House Representatives Visit with American Battery … – PR Newswire

CEO Ryan Melsert touts federal investments and strategic partnerships as instrumental in corporate’s accelerating commercialization efforts  

RENO, Nev., Aug. 14, 2023 /PRNewswire/ — American Battery Generation Corporate (ABTC) (OTCQX: ABML), an American crucial battery fabrics corporate this is commercializing each its number one battery minerals production and secondary minerals lithium-ion battery recycling applied sciences, continues to leverage best skill, in-house applied sciences, strategic partnerships, and federal investments to development provide of domestically-sourced lithium-ion battery metals.  ABTC CEO Ryan Melsert highlighted the corporate’s functions and development in a presentation to National Science Foundation (NSF) Director Sethuraman Panchanathan and White House Office of Science and Technology Policy (OSTP) Director Arati Prabhakar on their contemporary consult with to Northern Nevada.

“We’re proud to be a part of the Nevada neighborhood this is at the leading edge of running to construct the home lithium-ion battery provide chain,” mentioned ABTC CEO Ryan Melsert.  “We’ve got been lucky sufficient to were awarded 4 aggressive grants from the U.S. Division of Power to advance each our lithium-ion battery recycling and our number one lithium hydroxide production amenities, and we loved the chance to element the development of those present and potential long run tasks with Director Panchanathan and Director Prabhakar, and to spouse with the College of Nevada, Reno to advance the home lithium-ion battery round financial system.”

Whilst there may be a lot of battery cellular and electrical automobile production amenities below development within the U.S., there’s a massive void within the home provide chain upstream of those amenities leading to a vital scarcity within the quantity of home and environmentally accountable battery fabrics required to feed those amenities. ABTC is operating to handle this shortfall via commercializing its applied sciences each for the recycling of lithium-ion batteries and for the producing of battery grade lithium hydroxide from its home Nevada-based sedimentary claystone useful resource.

ABTC is a member of the group supporting the University of Nevada, Reno’s NSF Regional Engines Development project for “Advancing the round financial system for lithium batteries” and has strategically advanced public-private partnerships to boost up the producing of home battery metals from secondary and number one resources to enhance the U.S. battery metals provide chain.

Along with this contemporary NSF funded challenge, ABTC has been awarded a number of aggressive awards from inner most firms and the government.

American Battery Generation Corporate: Lithium-Ion Battery Recycling Generation Inventions
BASF Circularity Challenge @ Greentown Labs
Hosted via BASF, probably the most biggest lively cathode manufacturers within the U.S., in partnership with Greentown Labs and Black & Decker, ABTC was once named sole winner of its lithium-ion battery recycling world festival.

U.S. Advanced Battery Consortium (USABC)
ABTC won a $2 million contract award from the US Complicated Battery Consortium LLC (USABC), in collaboration with the U.S. Division of Power (DOE), for the industrial demonstration of its built-in lithium-ion battery recycling machine and manufacturing of battery cathode grade steel merchandise, the synthesis of prime power density lively cathode subject matter from those recycled battery metals via cathode manufacturer and lithium-ion battery recycler BASF, after which the fabrication of enormous layout car battery cells from those recycled fabrics and the trying out of those cells in opposition to another way similar cells comprised of virgin sourced metals via cellular era developer C4V.

U.S. DOE Electric Drive Vehicle Battery Recycling and Second Life Applications Grant
As one in all 5 firms decided on for aggressive investment below the battery recycling portion of the ‘Electrical Force Car Battery Recycling and 2nd Existence Packages’ investment alternative from the united statesDOE, ABTC, and its companions, have been awarded with regards to $10 million to validate, take a look at, and deploy 3 disruptive complex separation and processing applied sciences in its lithium-ion battery recycling plant to additional fortify the commercial competitiveness, cut back environmental have an effect on, and re-integrate a good larger share of the constituent parts to the home battery production marketplace.  ABTC will paintings in partnership with Novonix Workforce, College of Nevada, Reno (UNR), College of Utah, North Carolina State College, Nationwide Renewable Power Laboratory, Argonne Nationwide Laboratory, and Idaho Nationwide Laboratory.

American Battery Generation Corporate: Nevada Claystone Lithium Extraction Inventions
U.S. DOE Critical Materials Next Generation Technologies and Field Demonstration Grant
ABTC, in collaboration with DuPont and UNR, is these days developing and commissioning a multi-ton according to day box demonstration machine during the beef up of a grant from the U.S. DOE’s Complicated Production Place of business Important Fabrics Innovation program.

Following the of entirety of development, the web site will make the most of ABTC’s in-house advanced extraction procedure together with selective leaching and centered purification of battery grade lithium hydroxide monohydrate from this distinctive home claystone useful resource. This primary-of-kind ABTC era for selective extraction of lithium from claystone assets has demonstrated at bench scale to seriously cut back chemical reagent intake and environmental have an effect on.

U.S. DOE Battery Fabrics Processing and Production Grant
On account of the early successes of ABTC’s Nevada lithium claystone selective leaching box demonstration challenge, in October 2022 ABTC was once decided on for an extra competitively awarded U.S. DOE grant for a $115M challenge partly funded during the Bipartisan Infrastructure Regulation to beef up the development of a commercial-scale battery grade lithium hydroxide production facility.

About American Battery Generation Corporate
American Battery Generation Corporate, which just lately modified its title from American Battery Metals Company, is uniquely located to offer low cost, low-environmental have an effect on, and regionally sourced battery metals via its 3 divisions: lithium-ion battery recycling, number one battery steel extraction applied sciences, and number one assets construction.

American Battery Generation Corporate has constructed a blank era platform this is used to offer a key supply of regionally manufactured crucial and strategic battery metals to lend a hand meet the close to insatiable call for from the electrical automobile, electric grid garage, and client electronics industries. This ESG-principled platform works to create a closed-loop round financial system for battery metals that champions moral and environmentally sustainable sourcing of crucial and strategic fabrics.

Ahead-Taking a look Statements
This press unlock comprises “forward-looking statements” throughout the that means of the protected harbor provisions of the U.S. Personal Securities Litigation Reform Act of 1995. All statements, as opposed to statements of ancient reality, are “forward-looking statements.” Even if the American Battery Generation Corporate’s (the “Corporate”) control believes that such forward-looking statements are affordable, it can’t ensure that such expectancies are, or shall be, right kind. Those forward-looking statements contain quite a lot of dangers and uncertainties, which might purpose the Corporate’s long run effects to fluctuate materially from the ones expected. Attainable dangers and uncertainties come with, amongst others, interpretations or reinterpretations of geologic knowledge, adverse exploration effects, lack of ability to acquire lets in required for long run exploration, construction or manufacturing, basic financial stipulations and stipulations affecting the industries wherein the Corporate operates; the uncertainty of regulatory necessities and approvals; fluctuating mineral and commodity costs, ultimate funding approval and the power to acquire vital financing on appropriate phrases or in any respect. Additional info in regards to the components that can purpose exact effects to fluctuate materially from those forward-looking statements is to be had within the Corporate’s filings with the Securities and Change Fee, together with the Annual Record on Shape 10-Ok for the 12 months ended June 30, 2022. The Corporate assumes no legal responsibility to replace any of the tips contained or referenced on this press unlock.

SOURCE American Battery Generation Corporate


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