American battery technology company announces s-k 1300 initial assessment for its tonopah flats lithium project

Initial assessment, with engineering economic analysis supported by metallurgical and processing studies, has resulted in: updated mineral resource estimate of 18.03 million tons lithium hydroxide monohydrate, with an inferred classification after-tax cash flows: npv of $4.41 billion @10% discount, irr of 65.8%, and payback period of 2.4 years a mine life of over 400 years with average annual production of 33,000 tons lithium hydroxide monohydrate reno, nev. , dec. 21, 2023 /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, is pleased to announce a positive initial assessment for its tonopah flats lithium project (tflp) located in big smoky valley, near tonopah, nevada.
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