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 Metals Corporation (OTCQB: ABML) announced a $75 million common stock purchase agreement to support the construction of a 20,000 metric ton per year lithium-ion battery recycling pilot plant.
This agreement allows the company to issue shares to an institutional investor over the next 24 months, with sales based on market price, ensuring funding for construction and operational needs without limiting the company’s financial flexibility.
Menka Sethi, COO of American Battery Metals Corporation (ABML), will present at the Virtual Energy Storage Conference on April 21-22, 2021. The conference, themed "The Storage Decade," will address the urgent need for energy decarbonization. Sethi aims to highlight ABML's closed-loop lithium-ion battery recycling platform, which supports sustainable energy storage and green transportation. This initiative aligns with U.S. goals for secure domestic production of critical materials. To register for the event, visit ESA Conference.
American Battery Metals Corporation (OTCQB:ABML) supports President Biden's $2 trillion infrastructure plan, which allocates $174 billion for promoting electric vehicles (EVs) and clean energy. The company plans to establish a 20,000 metric ton per year lithium-ion battery recycling pilot plant in Fernley, Nevada, projected to start operations by late 2021 and generate revenue in early 2022. This initiative aims to address critical material supply chain issues for EV adoption while enhancing local economies. The plan also emphasizes ethical sourcing and sustainable practices in battery metal production.
American Battery Metals Corporation (OTCQB: ABML) announced the appointment of Nick Copping to its Advisory Board. Copping, a seasoned technologist with experience at NASA and Microsoft, expressed enthusiasm for joining during this pivotal transition to green energy. CEO Doug Cole emphasized that Copping's expertise will be vital as the company advances its corporate and environmental initiatives. American Battery Technology Company is noted for its commitment to ethical sourcing and sustainability in lithium-ion battery recycling and extraction.
American Battery Metals Corporation (OTCQB:ABML) has been invited to join the Critical Materials Institute advisory board, enhancing its role in the lithium-ion battery recycling sector. This collaboration will enable the company to offer guidance on strategic planning and R&D initiatives, while addressing technological challenges in the recycling industry. With its advanced extraction technology and commitment to sustainable practices, the company aims to foster a robust domestic supply chain for critical battery materials.
American Battery Technology Company (ABML) has provided a significant update on its lithium-ion battery recycling pilot plant in Nevada. Key developments include the acquisition of 116.805 acre-feet/year of water rights, enabling full operational capacity. The upcoming completion of geotechnical investigations will facilitate grading permit applications, expected in April, with operations commencing in May. The company is also pursuing a Class II Air Quality Operating Permit while accelerating its primary lithium extraction efforts through a US DoE grant. These advancements position ABML favorably for future growth in the battery materials sector.
American Battery Metals Corporation (OTCQB:ABML) has established a new development center at the Nevada Center for Applied Research at the University of Nevada Reno. This initiative will complement the company's facilities at Greentown Labs in Cambridge, Massachusetts. With an investment of $500,000 in laboratory equipment this year and up to $2 million next year, the company aims to advance its battery recycling and metal extraction technologies. The move is expected to foster research partnerships and internships, enhancing operational capabilities as the Fernley, Nevada recycling facility is constructed.
American Battery Metals Corporation (OTCQB:ABML) announced that its S-3 Registration Statement for raising up to $250 million became effective on March 15, 2021. Previously, it raised $9,231,638 in January at an average price of $2.17 per share. CEO Doug Cole expressed confidence in the company's capital position for constructing its lithium-ion battery recycling facility in Fernley, Nevada. The company is committed to addressing capital needs prudently as it progresses through construction phases, with a focus on delivering its pilot plant and entering production.
American Battery Metals Corporation (OTCQB:ABML) has addressed false and defamatory statements made by short sellers, which it claims have negatively impacted its stock price. The company is currently undertaking legal actions against these allegations. Market potential for its lithium battery recycling technology is bolstered by increasing demand, expected to reach nearly $60 billion by 2024. ABTC is also progressing on its lithium battery recycling pilot plant in Fernley, NV, with necessary permits in review. The firm has received endorsements from major players in the industry, including a $4.5MM grant from the Department of Energy.
