Industry | Renewable energy Lithium-ion battery |
---|---|
Founded | 2011 |
Headquarters | |
Area served | United States |
Website | americanbatterytechnology |
American Battery Technology Company, formerly American Battery Metals Corporation, is a US-based battery recycling technology startup founded in 2011. [1] It employs a hydrometallurgical process to recycle batteries and a targeted extraction system to extract raw materials from primary resources. [2] [3]
In 2019, the company was selected as winner of BASF’s Battery Recycling Circularity Challenge, allowing for the demonstration of its lithium-ion battery recycling technology as part of the Greentown Labs accelerator program. [4] In 2021, it received a $2 million contract from the United States Advanced Battery Consortium, in collaboration with the U.S. Department of Energy for commercialization of its integrated lithium-ion battery recycling system. [5] [6]
In October 2022, it was selected for a $57 million grant by the Department of Energy to design, construct, commission, and operate a first-of-its-kind commercial-scale facility to demonstrate its process for the manufacturing of battery cathode-grade lithium hydroxide from unconventional Nevada-based lithium-bearing sedimentary resources. [7]
The company's Research Development Center has been located at the Nevada Center for Applied Research at the University of Nevada Reno since 2021. [8]
On September 21, 2023, American Battery Technology Company listed on the NASDAQ stock exchange under the ticker $ABAT. Previous to this, it was traded over the counter under the ticker $ABML.
ABML rose to popular awareness as a penny stock in early 2021 alongside other meme stocks such as AMC and Gamestop. [9] Various forums on Reddit, including WallStreetBets, have mentioned and promoted American Battery Technology Company. [10]
Lithium carbonate is an inorganic compound, the lithium salt of carbonic acid with the formula Li
2CO
3. This white salt is widely used in processing metal oxides. It is on the World Health Organization's List of Essential Medicines for its efficacy in the treatment of mood disorders such as bipolar disorder.
Fernley is a city in Lyon County, Nevada, United States, and part of the Reno–Tahoe-Sparks metropolitan area CSA. The city was incorporated in 2001. The population of the city was 22,895 at the 2020 census, making it the 7th most populous city in Nevada.
A lithium-ion or Li-ion battery is a type of rechargeable battery that uses the reversible intercalation of Li+ ions into electronically conducting solids to store energy. In comparison with other commercial rechargeable batteries, Li-ion batteries are characterized by higher specific energy, higher energy density, higher energy efficiency, a longer cycle life, and a longer calendar life. Also noteworthy is a dramatic improvement in lithium-ion battery properties after their market introduction in 1991: within the next 30 years, their volumetric energy density increased threefold while their cost dropped tenfold.
Exide was originally a brand name for batteries produced by The Electric Storage Battery Company and later became Exide Holdings, Inc. doing business as Exide Technologies, an American lead-acid batteries manufacturing company. Exide Holdings manufactured automotive batteries and industrial batteries. Exide Holdings is based in Milton, Georgia, United States.
Exide Industries Limited (Exide) is an Indian multinational storage battery manufacturing company, headquartered in Kolkata, India. It is the largest manufacturer of lead-acid storage batteries and power storage solutions provider in India.
Jeffrey Brian Straubel is an American businessman and electrical engineer. He spent 15 years at Tesla, as chief technical officer until moving to an advisory role in July 2019. In 2023, he was elected to the company's board of directors.
Battery recycling is a recycling activity that aims to reduce the number of batteries being disposed as municipal solid waste. Batteries contain a number of heavy metals and toxic chemicals and disposing of them by the same process as regular household waste has raised concerns over soil contamination and water pollution. While reducing the amount of pollutants being released through disposal through the uses of landfill and incineration, battery recycling can facilitate the release of harmful materials from batteries to both the environment and the workers recycling batteries.
Valence Technology, Inc. was a company that developed and manufactured lithium iron phosphate cathode material as well as lithium ion battery modules and packs. The modules come in 12 V, 18 V, 24 V, and 36 V configurations. Valence's products are used in electric vehicle and plug-in hybrid electric vehicles (PHEVs) such as cars, scooters, motorbikes, and commercial vehicles such as buses, delivery vans and trucks. Valence batteries are also used in wheelchairs, medical carts, robotics, marine, rail, as well as stationary applications such as remote power, uninterruptible power supply (UPS), energy storage systems, frequency regulation and switching gear.
An electric vehicle battery is a rechargeable battery used to power the electric motors of a battery electric vehicle (BEV) or hybrid electric vehicle (HEV).
SolarEdge Technologies, Inc. is a company that developed a DC optimized inverter system.
Advanced Battery Technologies Inc was a publicly traded NASDAQ company with executive offices in China and Flushing, NY with three other manufacturing campuses in mainland China that specialized in the development and manufacturing/assembly of rechargeable polymer lithium-ion (PLI) batteries and electric vehicles, electric bikes and electric scooters.
The Thacker Pass Lithium Mine is a lithium clay mining development project in Humboldt County, Nevada, which is the largest known lithium deposit in the US and one of the largest in the world. There has been significant exploration of Thacker Pass since 2007. The Bureau of Land Management issued a Record of Decision approving development of the mine in January 2021. Construction began in March 2023 after an emergency appeal was denied by the court. The project site would cover 18,000 acres (7,300 ha), with less than 6,000 acres (2,400 ha) of that being mined, on a site 21 miles (34 km) west-northwest of Orovada, Nevada within the McDermitt Caldera. The mine is a project of Lithium Nevada, LLC, a wholly owned subsidiary of Lithium Americas Corp. In late January 2023, car giant General Motors announced it would invest $650M in the mine project, giving GM exclusive access to the first phase of production. In February 2023, when the initial $320 million investment was completed, GM became Lithium Americas largest shareholder and offtake partner. At full capacity the mine would produce 66,000 tons annually, equivalent to 25% of the current (2021) demand for lithium globally, which is expected to triple over the next five years. Development of the mine is driven by increasing demand for lithium used in electric vehicle batteries and grid storage of intermittently generated electricity from sources such as solar power or wind power.
Gigafactory Nevada is a lithium-ion battery and electric vehicle component factory in Storey County, Nevada, United States. The facility, located east of Reno, is owned and operated by Tesla, Inc. The factory supplies battery packs and drivetrain components for the company's electric vehicles, produces the Tesla Powerwall home energy storage device, and assembles the Tesla Semi. It is the largest and the first Tesla Gigafactory in the world. If fully built out, the building will have the largest footprint in the world.
Fisker Inc. is an American automotive company founded by Danish automotive designer Henrik Fisker and his wife Geeta Gupta-Fisker.
Usage of electric cars damage people’s health and the environment less than similar sized internal combustion engine cars. While aspects of their production can induce similar, less or different environmental impacts, they produce little or no tailpipe emissions, and reduce dependence on petroleum, greenhouse gas emissions, and deaths from air pollution. Electric motors are significantly more efficient than internal combustion engines and thus, even accounting for typical power plant efficiencies and distribution losses, less energy is required to operate an electric vehicle. Manufacturing batteries for electric cars requires additional resources and energy, so they may have a larger environmental footprint in the production phase. Electric vehicles also generate different impacts in their operation and maintenance. Electric vehicles are typically heavier and could produce more tire and road dust air pollution, but their regenerative braking could reduce such particulate pollution from brakes. Electric vehicles are mechanically simpler, which reduces the use and disposal of engine oil.
Huayou Cobalt Co., Ltd primarily operates as a supplier of cobalt and its associated products, such as cobalt tetroxide, cobalt oxide, cobalt carbonate, cobalt hydroxide, cobalt oxalate, cobalt sulfate, and cobalt monoxide. The company is headquartered in the Tongxiang Economic Development Zone of Zhejiang, China.
Australia has one of the biggest lithium reserves and is the biggest producer of lithium by weight, with most of its production coming from mines in Western Australia. Most Australian lithium is produced from hard-rock spodumene, in contrast to other major producers like Argentina, Chile and China, which produce it mainly from salt lakes.
Lithium batteries are primary batteries that use lithium as an anode. This type of battery is also referred to as a lithium-ion battery and is most commonly used for electric vehicles and electronics. The first type of lithium battery was created by the British chemist M. Stanley Whittingham in the early 1970s and used titanium and lithium as the electrodes. Applications for this battery were limited by the high prices of titanium and the unpleasant scent that the reaction produced. Today's lithium-ion battery, modeled after the Whittingham attempt by Akira Yoshino, was first developed in 1985.
Energy Exploration Technologies, Inc. is an American technology company. Founded in 2018 by Teague Egan, it is based out of San Juan, Puerto Rico and has offices and laboratory facilities in Austin, Texas, and operations in the South American Lithium Triangle.
Redwood Materials, Inc. is an American company headquartered in Carson City, Nevada. The company aims to recycle lithium-ion batteries and produce battery materials for electromobility and electrical storage systems. Redwood Materials was reported to have a valuation of about $3.7 billion as of July 2021.