American battery technology company publishes updated initial assessment and economic analysis for its tonopah flats lithium project for one of the largest identified lithium resources in the u.s.

Abtc ceo leads virtual walkthrough of one of the largest known lithium deposits in the united states with vrify ceo stephen de jong   reno, nev , april 24, 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 published an amended initial assessment for its tonopah flats lithium project (tflp).   the tflp is one of the largest identified lithium resources in the u.s., and while initial pit designs and economic analyses in previous assessments evaluated the full resource, this updated initial assessment utilizes a commercialization pathway with a more rigorous mine plan that contemplates utilization of only measured and indicated mineral resources, and excludes inferred mineral resources, to supply the planned commercial-scale lithium hydroxide monohydrate (lhm) refinery.
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