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MegadealsSubsidy Tracker Individual Entry
Company: American Battery Technology Company
Parent Company:
Subsidy Source: federal
Project Description: American Battery Technology Company (ABTC) and partners will build, and operate a commercial-scale facility to demonstrate its novel process for manufacturing battery cathode grade lithium hydroxide (LiOH) from unconventional Nevada-based lithium-bearing sedimentary resources. Through this demonstration, the domestic- U.S. lithium resource base can be expanded and create a more resilient U.S. battery manufacturing supply chain. ABTC has secured over 10,000 acres of these lithium-bearing sedimentary resources near Tonopah, NV, and its project team has been performing work under an existing grant award from the U.S. Department of Energy's Advanced Manufacturing Office (AMO) to demonstrate this process in an integrated multi-ton per day field demonstration system. With the support of this Bipartisan Infrastructure Law grant award, a 5,000 MT (metric tonnes) LiOH/year commercial processing plant will be constructed and operated at this resource site, with the capacity of the facility to subsequently be expanded to 30,000 MT LiOH/year.
Year: 2022
Subsidy Value: $57,744,831
Program Name: Bipartisan Infrastructure Law: Battery Materials Processing and Battery Manufacturing & Recycling Funding
Awarding Agency: Department of Energy
Type of Subsidy: federal grant
Number of Jobs or Training Slots: 150
Capital Investment: $57,744,831
Source of Data:
(click here)
Notes: Year is year of award announcement. Subsidy value is federal portion of project cost. Jobs are new jobs to be created.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.