ABAT Shares Jump on DOE’s $115M Lithium Grant Return

American Battery Technology Company is a Reno, Nevada-based “critical battery materials” company globenewswire.com globenewswire.com. It pioneers a full lifecycle approach to lithium-ion batteries: mining domestic mineral deposits and recycling spent batteries for lithium, cobalt, nickel, etc. ABTC’s mission statement emphasizes innovation in “first-of-kind technologies” to produce and recycle battery metals domestically, reducing US reliance on foreign sources globenewswire.com. Key to this is ABTC’s proprietary processing: for example its Tonopah Flats project will use a selective leach extraction method to turn claystone directly into battery-grade lithium hydroxide, which is more efficient than traditional sulfuric-acid roasting. ABTC also operates its first commercial recycling facility in Reno, and plans more plants to scale up a closed-loop cycle for used EV batteries.