American Battery Technology Company (ABTC) specializes in the field of battery materials. The firm's activities include discovering and securing resources of critical battery metals like lithium, nickel, cobalt, and manganese. Furthermore, ABTC develops and introduces innovative technologies for extracting these essential metals, and it also commercializes holistic systems for the recycling of depleted lithium-ion batteries. Established in 2011, the company was formerly identified as American Battery Metals Corporation and currently bases its main operations in Reno, Nevada.
American Battery Technology Company Receives Approval for Sale of $100 Million of Exported Recycled Black Mass Critical Minerals with License from U.S. Department of Commerce
American Battery Technology Company received approval from the U.S. Commerce Department's Bureau of Industry and Security to export and sell up to $100 million of its recycled black mass critical minerals under a Defense Priorities and Allocation System license.
The license comes after newly enacted federal export controls on critical battery materials and preserves the company's ability to keep selling exported black mass alongside domestic sales channels.
CEO Ryan Melsert framed the approval as continued U.S. government support as ABAT scales its Reno recycling facility and a second facility backed by $150 million in Department of Energy grants.