American battery technology company ramps its lithium-ion battery recycling facility and operates at over 115% design rate
Accomplishing a major commercialization milestone, the company continues to aggressively advance recycling operations to increase battery metals manufacturing for u.s.-based strategic customers achievement marks capabilities of the company's internally-developed, first-of-kind, commercial-scale battery recycling technologies for recovery of battery materials with high yields, low cost, and a low environmental footprint spurred by u.s. department of energy grant awards and recent 48c tax credit awards, the facility is on-track for introducing ira-compliant and responsibly-sourced, battery grade metals into the north american supply chain in support of diminishing reliance on imported materials from foreign entities of concern (feoc) reno, nev. , may 13, 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 achieved a significant milestone by demonstrating a fixed duration operation of its commercial-scale lithium-ion battery recycling facility at a steady-state throughput of greater than 115% of its maximum design rate.
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