USABC

USABC AWARDED $60 MILLION FOR PRE-COMPETITIVE, VEHICLE-RELATED ADVANCED BATTERY RESEARCH AND DEVELOPMENT FROM US DEPARTMENT OF ENERGY

Retrieved on: 
Wednesday, January 31, 2024

Southfield, Mich., Jan. 31, 2024 (GLOBE NEWSWIRE) -- The U.S. Department of Energy (DOE) announced the United States Advanced Battery Consortium LLC (USABC) will receive $60 million for pre-competitive, vehicle-related advanced battery research and development that addresses critical priorities for the next phase of widescale electric vehicle (EV) commercialization.

Key Points: 
  • Southfield, Mich., Jan. 31, 2024 (GLOBE NEWSWIRE) -- The U.S. Department of Energy (DOE) announced the United States Advanced Battery Consortium LLC (USABC) will receive $60 million for pre-competitive, vehicle-related advanced battery research and development that addresses critical priorities for the next phase of widescale electric vehicle (EV) commercialization.
  • USABC is a subsidiary of the United States Council for Automotive Research LLC (USCAR).
  • In support of its mission, USABC has developed mid- and long-term goals to guide its projects and measure its progress.
  • “We are excited to strategically expand our priorities from the last agreement to advance battery technology development,” said Dr. Steven Przesmitzki, executive director of USCAR.

American Battery Technology Company Continues to Advance its Commercial-Scale Hydrometallurgical Battery Recycling Facility

Retrieved on: 
Wednesday, October 25, 2023

Reno, Nev., Oct. 25, 2023 /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 battery recycling, continues to advance operations and the implementation of its internally-developed lithium-ion battery recycling technologies at its commercial-scale facility located in Nevada, which has now been designated as a regional "innovation and technology hub" by the Biden Administration.

Key Points: 
  • Reno, Nev., Oct. 25, 2023 /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 battery recycling, continues to advance operations and the implementation of its internally-developed lithium-ion battery recycling technologies at its commercial-scale facility located in Nevada, which has now been designated as a regional "innovation and technology hub" by the Biden Administration.
  • American Battery Technology Company has achieved steps to de-risk implementation of its battery recycling technologies.
  • "By design, the combination of building an in-house team of industry experts and developing in-house technologies is driving construction and operations progress at our commercial-scale lithium-ion battery recycling facility," stated ABTC CEO Ryan Melsert.
  • These battery recycling technologies were developed in-house by the ABTC R&D, engineering, and technical projects team members, many of whom were previously members of the founding Tesla Gigafactory design and engineering teams.

American Battery Technology Company Announces Start of Operations at its Commercial-Scale, Lithium-Ion Battery Recycling Facility in Nevada

Retrieved on: 
Wednesday, October 11, 2023

RENO, Nev., Oct. 11, 2023 /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, announced the operational start-up of its commercial-scale, lithium-ion battery recycling facility located in the Tahoe-Reno Industrial Center (TRIC) in McCarran, Nevada, initiating implementation of its first-of-kind lithium-ion battery recycling technologies at an industrial scale.

Key Points: 
  • RENO, Nev., Oct. 11, 2023 /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, announced the operational start-up of its commercial-scale, lithium-ion battery recycling facility located in the Tahoe-Reno Industrial Center (TRIC) in McCarran, Nevada, initiating implementation of its first-of-kind lithium-ion battery recycling technologies at an industrial scale.
  • American Battery Technology Company has begun operations at its lithium-ion battery recycling facility in Nevada.
  • "We are excited to have achieved this major milestone and to now be generating commercial-scale quantities of domestic recycled battery metal products," stated ABTC CEO Ryan Melsert.
  • These processes are fundamentally different than conventional methods of battery recycling, which utilize high temperature furnaces, such as in smelting operations, or non-strategic shredding or grinding systems.

Ionblox Debuts Lithium-Silicon Batteries Breaking Barriers of Extreme Fast Charging and Extended Range

Retrieved on: 
Wednesday, October 4, 2023

Ionblox, a leading innovator in battery technology, today announced the launch of its extreme fast charging lithium-silicon cells designed for electric vehicles (EVs).

Key Points: 
  • Ionblox, a leading innovator in battery technology, today announced the launch of its extreme fast charging lithium-silicon cells designed for electric vehicles (EVs).
  • The Ionblox technology enables extreme fast charging (XFC), achieving 60% of the battery's capacity in just 5 minutes and 80% in 10 minutes.
  • Under rigorous testing of large-format 32 Ah capacity pouch cells, Ionblox’s batteries can endure greater than 1,000 extreme fast charge cycles with minimal degradation.
  • Ionblox extreme fast charging cell technology will enable eVTOLs to fly numerous times per day increasing the amount of time the aircraft spends in the skies.

White House Representatives Visit with American Battery Technology Company to Discuss Progressing Circular Economy for Domestic Battery Materials

Retrieved on: 
Monday, August 14, 2023

RENO, Nev., Aug. 14, 2023 /PRNewswire/ -- American Battery Technology Company (ABTC) (OTCQX: ABML), an American critical battery materials company that is commercializing both its primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling technologies, continues to leverage top talent, in-house technologies, strategic partnerships, and federal investments to progress supply of domestically-sourced lithium-ion battery metals.  ABTC CEO Ryan Melsert highlighted the company's capabilities and progress in a presentation to National Science Foundation (NSF) Director Sethuraman Panchanathan and White House Office of Science and Technology Policy (OSTP) Director Arati Prabhakar on their recent visit to Northern Nevada.

Key Points: 
  • ABTC will work in partnership with Novonix Group, University of Nevada, Reno (UNR), University of Utah, North Carolina State University, National Renewable Energy Laboratory, Argonne National Laboratory, and Idaho National Laboratory.
  • ABTC, in collaboration with DuPont and UNR, is currently constructing and commissioning a multi-ton per day field demonstration system through the support of a grant from the U.S. DOE's Advanced Manufacturing Office Critical Materials Innovation program.
  • Following the completion of construction, the site will utilize ABTC's in-house developed extraction process including selective leaching and targeted purification of battery grade lithium hydroxide monohydrate from this unique domestic claystone resource.
  • This first-of-kind ABTC technology for selective extraction of lithium from claystone resources has demonstrated at bench scale to significantly reduce chemical reagent consumption and environmental impact.

24M Awarded $3.8 Million Contract by USABC

Retrieved on: 
Friday, April 14, 2023

The two-year project, which includes a 50 percent cost share, will focus on the development of a low-cost, fast-charging EV battery technology.

Key Points: 
  • The two-year project, which includes a 50 percent cost share, will focus on the development of a low-cost, fast-charging EV battery technology.
  • Using its SemiSolidTM manufacturing and product design platform, 24M will create lithium-metal cells for electric mobility applications with a targeted cost of less than $75/kWh and the ability to charge to 80% in 15 minutes or less.
  • 24M is uniquely positioned to meet this need because of the SemiSolid cell structure and manufacturing advantages,” said 24M CEO and President, Naoki Ota.
  • In support of its mission, USABC has developed mid- and long-term goals to guide its projects and measure its progress.

Microvast Announces Location of First Polyaramid Separator Plant in Kentucky

Retrieved on: 
Thursday, March 30, 2023

Microvast Holdings, Inc. (NASDAQ: MVST), (“Microvast” or the “Company”), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced the location of its first polyaramid separator plant in Hopkinsville, Kentucky with a $504 million investment.

Key Points: 
  • Microvast Holdings, Inc. (NASDAQ: MVST), (“Microvast” or the “Company”), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced the location of its first polyaramid separator plant in Hopkinsville, Kentucky with a $504 million investment.
  • The project, intended to be the world's first mass production facility for the cutting edge polyaramid separator technology, will create up to 562 new full-time jobs.
  • “We are excited to announce this next chapter for Microvast, as we intend to build the world’s first mass production facility for our cutting edge polyaramid separator technology,” said Yang Wu, Microvast’s Founder, Chairman, President and Chief Executive Officer.
  • With this facility, Microvast intends to build the world’s first mass production facility for their cutting edge polyaramid separator technology.

Ionblox Appoints Dr. Shirley Meng to Advisory Board

Retrieved on: 
Thursday, March 23, 2023

Ionblox, a California-based, advanced lithium-ion battery company, has appointed Dr. Shirley Meng of the University of Chicago to their advisory board.

Key Points: 
  • Ionblox, a California-based, advanced lithium-ion battery company, has appointed Dr. Shirley Meng of the University of Chicago to their advisory board.
  • “I look forward to working with the Ionblox team to commercialize their high-performance lithium-ion batteries using a pre-lithiated silicon oxide anode,” said Dr. Meng.
  • “We are thrilled to welcome Dr. Meng to our advisory board and look forward to leveraging her battery insights and expertise,” said Dr. Herman Lopez, CTO and co-founder of Ionblox.
  • “Dr.

Lithium-ion Battery Recycler ABTC Expands Operations with Purchase of Move-In Ready, Commercial-Scale Facility

Retrieved on: 
Wednesday, March 8, 2023

RENO, Nev., March 8, 2023 /PRNewswire/ -- American Battery Technology Company (ABTC) (OTCQX: ABML), an American critical battery materials company that is commercializing both its primary minerals manufacturing and secondary minerals lithium-ion battery recycling technologies, entered into agreements for the purchase of a move-in-ready, commercial-scale battery recycling facility located in the Tahoe-Reno Industrial Center (TRIC) at 2500 Peru Drive, McCarran, Nevada, to expand operations of its first-of-kind lithium-ion battery recycling technologies.

Key Points: 
  • In response to this dramatically increased demand for its recycled products from domestic automotive and battery OEMs, ABTC has entered into agreements to purchase a move-in ready, commercial-scale battery recycling facility, that will allow the company to rapidly implement its internally-developed lithium-ion battery recycling technologies at significantly higher capacity than previously planned.
  • This approximately 137,000 square foot facility is currently vacant and was previously used for the recycling of lead-acid batteries, and as such is already designed and permitted for similar operations.
  • "We are excited to be able to capitalize on this opportunity to accelerate the first commercial-scale implementation of our integrated lithium-ion battery recycling technologies," stated ABTC CEO Ryan Melsert.
  • In 2019, ABTC detailed the operations of this integrated battery recycling system in a global competition hosted by BASF, and was subsequently selected as the sole winner of the battery recycling portion of the Circularity Challenge .

Ionblox increases Series B to $32m with investment from Lilium, Applied Ventures, Temasek and Catalus Capital

Retrieved on: 
Wednesday, February 8, 2023

Ionblox, a next-generation lithium-ion battery company announced a second close of its Series B round at an increased $32 million.

Key Points: 
  • Ionblox, a next-generation lithium-ion battery company announced a second close of its Series B round at an increased $32 million.
  • Strategic partners include original investors Lilium and Applied Ventures who were joined by Temasek and Catalus Capital.
  • The company will use the increased Series B funding to scale its technology, develop advanced high-power cells for electric aviation, and prototype fast-charge cells for Electric Vehicles.
  • Ionblox is currently producing its large format pouch cells of up to 50Ah on its pilot production lines.