The American Battery Technology Company (ABTC) has announced that it has entered into agreements to purchase a move-in-ready, commercial-scale battery recycling facility located into expand operations of its lithium-ion battery recycling technologies.
In November 2022, ABTC was selected for a competitive US Department of Energy grant for a $20 million project to develop and commercialize “a set of next-generation battery recycling technologies to further enhance the recovery of recycled products and reduce the cost of operations”.
ABTC is also currently completing construction of its ‘Global Development Center’ in, Nevada, where it will develop and validate the above-mentioned next-generation battery recycling technologies at the bench scale, optimize them in pilot scale operations, and then construct and operate commercial-scale systems of these technologies to further improve the performance of its integrated battery recycling operations. Last August, the company also announced plans to expand its battery research facilities in Reno, Nevada.
“We are excited to be able to capitalize on this opportunity to accelerate the first commercial-scale implementation of our integrated lithium-ion battery recycling technologies,” stated ABTC CEO Ryan Melsert. “The purchase of this existing facility was significantly lower cost than constructing a new facility of similar design, and the fact that it is move-in ready with the necessary infrastructure equipment already installed will allow us to accelerate our start of commercial-scale operations.”