American Battery Technology Company Ramps its Lithium-Ion Battery Recycling Facility and Operates at Over 115% Design Rate
RENO, Nev., May 13, 2024 /PRNewswire/ — American Battery Technology Company (ABTC) (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, has achieved a significant milestone by demonstrating a fixed duration operation of its commercial-scale lithium-ion battery recycling facility at a steady-state throughput of greater than 115% of its maximum design rate. At full production capacity, this facility was initially designed to nominally process 20,000 metric tonnes per year of battery feedstock, and surpassing this design rate demonstrates the impact of the continued process enhancements that have been implemented in the commissioning of the facility.