American Battery Technology Company announced that it has received its $57 million contract award from the U.S. Department of Energy (DOE) for a multi-year project to design, construct, and operate its first-of-kind commercial-scale lithium hydroxide manufacturing facility in Tonopah, Nevada. The receiving of this grant contract award marks a major milestone in the commercialization of ABTC's Tonopah Flats Lithium Project, which is designed to provide commercial-scale quantities of low-cost, low environmental impact, domestic critical mineral lithium hydroxide needed for the U.S. clean energy transition. Based on a recent third-party audited SK-1300-compliant Inferred Resource Report, the Tonopah Flats Lithium Project is one of the known lithium resources in the United States, containing approximately 15.8 million tons of economically accessible lithium on a carbonate equivalent basis.

This project engages several world-class partners, including DuPont Water Solutions, the University of Nevada, Reno, and Argonne National Laboratory to support the commercialization of this next generation facility for the manufacturing of low-cost, low-environmental impact, and domestically produced critical battery minerals. ABTC has already engaged one of the premier global construction firms, Black & Veatch, for the engineering, procurement, and construction of this commercial-scale lithium hydroxide refinery based on ABTC's internally-developed, first-of-kind processing techniques.