ABTC – NVBEX https://nevbex.com Serving The A/E/C Industry Fri, 09 May 2025 16:02:33 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 https://nevbex.com/wp-content/uploads/2025/01/cropped-Website-Icon-01-1-32x32.png ABTC – NVBEX https://nevbex.com 32 32 EXIM Interested in Investing $900M in ABTC’s Esmeralda County Lithium Refinery Plant https://nevbex.com/2025/05/12/abtc-lithium-refinery-esmeralda-exim-interest/ https://nevbex.com/2025/05/12/abtc-lithium-refinery-esmeralda-exim-interest/#respond Mon, 12 May 2025 15:00:00 +0000 https://nevbex.com/?p=82464 The Export-Import Bank of the United States sent American Battery Technology Company a letter of interest regarding $900M in financing for the battery producer’s planned lithium mine and refinery in Esmeralda County. ABTC is working with Black and Veatch to design and construct its lithium hydroxide refinery facility. The building is anticipated to be able to refine 30,000 tons of lithium annually. ABTC recently published a report that found the area is home to one of the largest lithium resources in the country. ABTC has been developing its own technologies to manufacture lithium-rich claystone into battery grade lithium materials. The development is intended to create a circular supply chain for sustainable domestic battery production. The letter is not a financial commitment from EXIM, but it is a positive sign for ABTC. (Source)

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]]> The Export-Import Bank of the United States sent American Battery Technology Company a letter of interest regarding $900M in financing for the battery producer’s planned lithium mine and refinery in Esmeralda County.

ABTC is working with Black and Veatch to design and construct its lithium hydroxide refinery facility. The building is anticipated to be able to refine 30,000 tons of lithium annually. ABTC recently published a report that found the area is home to one of the largest lithium resources in the country.

ABTC has been developing its own technologies to manufacture lithium-rich claystone into battery grade lithium materials. The development is intended to create a circular supply chain for sustainable domestic battery production.

The letter is not a financial commitment from EXIM, but it is a positive sign for ABTC. (Source)

The post EXIM Interested in Investing $900M in ABTC’s Esmeralda County Lithium Refinery Plant appeared first on NVBEX.

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