Welcome to our dedicated page for American Battery Technology Company news (Ticker: abml), a resource for investors and traders seeking the latest updates and insights on American Battery Technology Company stock.
American Battery Technology Company (NASDAQ: ABAT) drives innovation in sustainable battery metal production and recycling. This news hub delivers official updates on ABTC's pioneering efforts to strengthen domestic supply chains for critical battery materials through ethical resource development and advanced recycling technologies.
Investors and industry observers will find timely updates on operational milestones including lithium resource development at the Tonopah Flats project, progress at the Nevada battery recycling facility, and strategic partnerships with government agencies. The collection includes permit approvals, technology advancements, and corporate developments that underscore ABTC's leadership in clean energy infrastructure.
All content is sourced directly from company disclosures and vetted press releases, ensuring reliable access to material information. Key coverage areas include resource expansion updates, recycling capacity achievements, federal grant implementations, and ESG initiatives supporting the transition to electric transportation and renewable energy storage systems.
Bookmark this page for consolidated access to ABTC's latest developments in sustainable battery metal production. Check regularly for updates on North America's transition to circular economy models for critical minerals.
American Battery Technology Company (ABML) announced a $2 million contract from the United States Advanced Battery Consortium LLC (USABC) in collaboration with the U.S. Department of Energy for a 30-month project. This initiative aims to demonstrate the commercial viability of recycling lithium-ion batteries and producing battery-grade metals from recycled materials. The project includes a 75% cost-share and focuses on lower costs, reduced environmental impact, and increased domestic sourcing of battery metals.
American Battery Technology Company (OTCQB:ABML) announced a definitive agreement for a securities sale worth approximately $39.1 million, at a 5.8% premium to the 5-day Volume Weighted Average Price. This funding is intended to fully finance the construction of its 20,000 metric tonne per year lithium-ion battery recycling plant in Nevada. The offering includes 25,389,611 shares of common stock and warrants priced at $1.54 per share. The company is also pursuing a Nasdaq listing to strengthen its market position.
American Battery Metals Corporation (OTCQB:ABML) announced an agreement to secure 305 unpatented lode mining claims covering approximately 6,100 acres near Tonopah, Nevada. This exclusive exploration license allows ABTC to conduct surveying and extraction trials on these lithium-bearing resources. Historically, nearby claims showed significant lithium resources, which supports ABTC's focus on domestic battery material sourcing. The company will also apply for an exploration permit while preparing to expand its lithium resource development with its recently purchased Tonopah office.
American Battery Metals Corporation (OTCQB:ABML) announced a collaborative agreement with Global Energy Metals Corporation to expand its operations in nickel and cobalt battery metal production. This partnership will leverage new processes to manufacture these metals domestically, complementing ABML's existing lithium production efforts.
The company has been developing a unique extraction process for lithium from Nevada resources, supported by a grant from the US Department of Energy. ABML aims to contribute significantly to North America's supply of critical battery materials, addressing industry demands as it prepares to launch a lithium-ion battery recycling pilot plant.
American Battery Metals Corporation (OTCQB:ABML) announced the appointment of Ryan Melsert as CEO, transitioning from his role as Chief Technology Officer. This change supports the company's long-term growth strategy, prioritizing technology development and commercialization. Outgoing CEO Doug Cole expressed confidence in Melsert's leadership, highlighting his involvement in key strategic initiatives. The Board will convene an annual shareholders meeting post-annual report filing to nominate new director candidates as part of the growth-stage transition.
American Battery Metals Corporation (ABML) applauds the U.S. Senate's bipartisan Infrastructure Investment and Jobs Act, emphasizing support for electric vehicles (EVs) and green industry investments. This legislation is expected to enhance federal investments in battery recycling technologies and strengthen the U.S. battery supply chain. President Biden's Executive Order aims for 50% of new vehicles sold by 2030 to be zero emissions, boosting demand for lithium-ion batteries. ABML is positioned to leverage these developments, advocating for a sustainable circular economy in battery metals.
RENO, NV / ACCESSWIRE / August 11, 2021 / American Battery Metals Corporation (OTCQB:ABML) is set to present at the Sidoti & Company Virtual Microcap Conference.
- Date: August 18, 2021
- Time: 4:00 pm ET
The Company is transitioning its name to American Battery Technology Company and focuses on lithium-ion battery recycling and advanced extraction technologies. Investors are encouraged to pre-register for the event to facilitate participation and updates. The forward-looking statements in the release caution about potential risks, including market fluctuations and regulatory uncertainties.
American Battery Metals Corporation (OTCQB:ABML) announced the appointment of Andrés Meza as its new Chief Operating Officer. With a background in chemical engineering and extensive experience in high-volume manufacturing, Meza will lead the company's growth as it develops its first lithium-ion battery recycling facility. His prior roles include positions at Apple and McKinsey and Company, where he optimized manufacturing processes. This strategic hire aims to strengthen ABML's operational leadership amidst its transition to American Battery Technology Company.
American Battery Metals Corporation (OTCQB: ABML) announced Doug Hamilton's promotion to Head of Policy, effective immediately. Hamilton, who previously led Business Development, will now oversee domestic policy initiatives, including regulatory legislation and government collaboration. His experience in renewable energy spans over 11 years, enhancing ABML's efforts in sustainable battery materials management. The company aims to establish a robust domestic supply chain to meet the increasing demand for lithium batteries, emphasizing ethical and environmentally sustainable practices.
