American battery technology company awarded $144 million grant contract from u.s. department of energy for construction of second lithium-ion battery recycling facility

Reno, nev., dec. 18, 2024 (globe newswire) --  american battery technology company (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 received a contracted grant award for $144 million of federal investment by the u.s. department of energy (doe), with these funds awarded to the american battery technology company (abtc) and its subcontractor argonne national laboratory, to support the construction of a new lithium-ion battery recycling facility.
ABAT Ratings Summary
ABAT Quant Ranking