American Battery Technology Company Awarded $150 Million Grant for Second Lithium-Ion Battery Recycling Facility

American Battery Technology Company (ABTC), a leading innovator in critical battery materials, has been awarded a significant $150 million grant from the U.S. Department of Energy. This funding will support the construction of ABTC’s second commercial-scale lithium-ion battery recycling facility, solidifying its position in the burgeoning North American battery metals supply chain.

This new facility, strategically designed to process an impressive 100,000 tonnes of battery materials annually, will be a pivotal addition to ABTC’s existing operations. It will source its feedstock from a diverse network of partners, including battery manufacturers, automotive OEMs, and community partners. ABTC’s CEO, Ryan Melsert, expressed his gratitude for the government’s investment and the dedication of its partners. He emphasized the company’s commitment to building a robust domestic battery recycling infrastructure and its dedication to sustainable and equitable practices.

ABTC’s approach to battery recycling sets it apart. It utilizes proprietary processes for strategic de-manufacturing and targeted chemical extraction, ensuring the production of high-quality battery-grade materials at competitive costs and with minimal environmental impact. This contrasts sharply with conventional methods that rely on high-temperature smelting or less efficient shredding systems.

This project is a testament to ABTC’s commitment to collaboration and its vision for a sustainable circular manufacturing ecosystem. The company has partnered with industry giants like BASF and Siemens, along with leading research institutions such as Clemson University and Argonne National Laboratory. This collaborative approach aims to create a robust talent pipeline for the domestic battery recycling industry, fostering a skilled workforce and promoting economic growth in local communities.

ABTC’s latest achievement builds upon a string of successes. It has secured several competitive awards and grants, showcasing its commitment to developing cutting-edge technologies for both battery recycling and primary battery metals manufacturing. These awards include a $20 million grant from the U.S. DOE in November 2022, aimed at scaling and optimizing its recycling operations, and a $4.5 million grant in October 2021, supporting its efforts in producing battery-grade lithium hydroxide from Nevada claystone resources.

This project underscores ABTC’s dedication to building a resilient and sustainable domestic battery metals supply chain. By bringing its innovative recycling technologies to market, ABTC is playing a crucial role in supporting the transition to electrification and ensuring a cleaner energy future for North America.

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