American Battery Metals Corporation (OTCQB:ABML), which is in the process of changing its name to American Battery Technology Company (ABTC), said it has made progress over the past month on the development of its lithium-ion battery recycling pilot plant facility in Fernley, Nevada.
The company said it continues to advance the scaling and commercializing of its recycling process after finishing the detailed design of its integrated lithium-ion battery recycling processing train over a year ago.
READ: American Battery Metals establishes new development center in Nevada
Other recent developments include:
- Closing on the acquisition of 55 acre-feet/year of water purchased from three separate sellers, along with the anticipated closing an additional 61.635 acre-feet/year by the end of this month with another 5.175 acre-feet/year closing next month, which will ensure the pilot plant has adequate water to operate at full capacity
- Final geotechnical investigations will occur on the Fernley pilot plant site during the next two days in which three infiltration tests will be performed. Data gathered from these tests will inform the company’s pilot plant foundation design and completion of the final geotechnical investigation will enable the Miles Construction team to finish grading plans and submit grading permit applications to the City of Fernley. It is expected that grading permit applications will be submitted in April and that grading operations will begin in May
- Working towards the submittal of a Class II Air Quality Operating Permit Application under the Nevada Division of Environmental Protection’s approved confidentiality guidelines, which will ensure the company’s highly proprietary integrated lithium-ion battery recycling processing train intellectual property remains confidential throughout the environmental permitting process
- Conditional Use Permit (CUP) application is currently being reviewed by the City of Fernley for the company’s lithium-ion battery recycling pilot plant and is expected to be discussed at the Fernley Planning Commission meeting in mid-May
- Accelerating the company’s primary lithium extraction development efforts as a result of a grant from the US Department of Energy Advanced Manufacturing Office for primary lithium extraction and cathode specification hydroxide manufacturing from sedimentary resources technologies
American Battery Metals is an American-owned lithium-ion battery recycling technology and advanced extraction company with extensive mineral resources in Nevada.
The company is focused on its lithium-ion battery recycling and resource production projects in the state, with the goal of becoming a substantial domestic supplier of battery metals to the rapidly growing electric vehicle and battery storage markets.
Contact Sean at sean@proactiveinvestors.com