American Battery Technology Company and TechMet-Mercuria announced the initiation of their strategic partnership. This partnership includes the manufacturing, sales, and marketing of ABTC produced recycled metal products, and a non-dilutive investment into ABTC of up to $20 million through the pre-purchase of these recycled metal products. ABTC is currently undergoing commissioning of its 20,000 metric tonnes per year commercial-scale lithium-ion battery recycling facility located in the Tahoe-Reno Industrial Center, which employs ABTCs internally-developed processes to first systematically "demanufacture" batteries back into their constituent components.

This first-of-kind ABTC process allows for the high-efficiency separation of the engineered structural and support materials in lithium-ion batteries for sale as byproducts, and then the production of a high-value intermediate black mass filter cake that has the majority of these potential contaminants removed. This process is significantly different than the majority of battery recycling operations, where all materials are simply mixed together through either non-str strategic shredding or combustion-based operations, in which cases the contaminants are mixed together with the high value metals lowering the overall value. As ABTC brings additional phases of its recycling processes online it will then transition to further processing this intermediate black mass internally instead of selling it as an intermediate product, and will instead manufacture its own battery cathode grade nickel, cobalt, manganese, and lithium hydroxide products for sale to domestic-US battery cathode refiners.