Friday, November 22, 2024

American Battery Technology Company Receives Contract from US DOE for $20M Project to Accelerate Commercialization of Next-Generation Advanced Battery Recycling Technologies

American Battery Technology Company, 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 received a contract grant award for its $20 million project from the U.S. Department of Energy (DOE) for a multi-partner industry collaboration to demonstrate and commercialize next generation techniques for lithium-ion battery recycling processes to manufacture low-cost and low-environmental impact domestic critical battery materials.

“It is an important milestone to be commissioning the initial portion of our integrated lithium-ion battery recycling facility to be able to provide domestically produced low-cost and low environmental impact battery metals to our strategic customers,” stated ABTC CEO Ryan Melsert.  “However, any company that is complacent with current technologies will not be competitive in the future, which is why we are also prioritizing our pipeline of new advanced technologies that are being evolved through our research, bench development, piloting, and commercialization infrastructure.”

As one of only five companies nation-wide selected for this competitive funding under the battery recycling portion of the ‘Electric Drive Vehicle Battery Recycling and Second Life Applications’ opportunity from the U.S. DOE under the Bipartisan Infrastructure Law, ABTC and its partners intend to validate, test, and deploy three new first-of-kind disruptive advanced separation and processing technologies to further enhance the economic competitiveness, reduce environmental impact, and re-integrate an even greater percentage of the constituent components to the domestic battery manufacturing market.  This contracted grant award has a project start date of October 1, 2023.

Also Read : Beam Global Completes Initial Deployment of Solar-Powered EV ARC™ Electric Vehicle Charging Systems for Top Global Automotive Manufacturer

ABTC is currently implementing and commissioning the first phase of its commercial-scale integrated lithium-ion battery recycling technologies at its facility located in the Tahoe-Reno Industrial Center.  These processes utilize a strategic de-manufacturing and targeted chemical extraction train in order to recover battery materials with high yields, low cost, and with a low environmental footprint.  These processes are fundamentally different than conventional methods of battery recycling, which generally utilize either high temperature smelting or non-strategic shredding systems.

While this initial implementation of the lithium-ion battery recycling system undergoes commissioning, ABTC and its partners are developing these next generation enhanced separation and processing techniques in parallel at the laboratory and pilot scales that when implemented into the commercial-scale system will allow for the recovery of additional products and further reduction of energy and water consumption and life cycle greenhouse gas emissions. Through this U.S. DOE supported project, ABTC and its partners will validate and optimize each of these advanced technologies at the bench scale, then manufacture qualification batches of these products for evaluation and testing by downstream partners, followed by the scale-up of these advanced systems for integration into ABTC’s recycling operations.

SOURCE : PRNewswire

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