Mineral extraction and battery recycling company American Battery Metals Corporation (ABMC)— which is changing its name to American Battery Technology Company— has chosen northern Nevada, US, for its lithium-ion battery recycling facility.
ABMC chose the location because of the proximity of Tesla’s Gigafactory, established road and rail infrastructure, and access to a qualified labour pool.
The company announced it would be building a lithium-ion battery recycling plant in its home state of Nevada in January, but didn’t reveal the final location at that time.
Pre-COVID the firm had planned to open the facility in the second half of this year.
ABMC’s chief executive Doug Cole (pictured), said the facility would have a throughput of around 20,000 tons of feedstock per year from which it would redeploy metals like lithium, cobalt, and nickel back into the materials supply chain.
The firm announced its corporate name change early this month in order to “better reflect its primary focus and mission”.
Cole said the company’s name change was because it had evolved from a metals company to a battery metals technology development company.
The company expects the legal and regulatory requirements necessary to officially change the name to be completed in the next quarter.
