American Battery raises US$150 million for new lithium-ion recycling plant

American Battery Technology receives US$150 million from the US government to build a second lithium-ion battery recycling plant, strengthening the strategic supply chain for critical metals.

Share:

Comprehensive energy news coverage, updated nonstop

8.25£/month*

*billed annually at 99£/year for the first year then 149,00£/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

7-Day Pass

Up to 50 articles accessible for 7 days, with no automatic renewal

3 £/week*

FREE ACCOUNT

3 articles/month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 30,000 articles • 150+ analyses per week

American Battery Technology (ABTC) has been awarded a US$150 million grant by the U.S. Department of Energy (U.S. DOE) to finance the construction of its second lithium-ion battery recycling plant. This facility aims to process around 100,000 tonnes of material each year, as part of the national strategy to secure supplies of metals essential to the electrification of the economy.
The project reflects the growing importance of recycling technologies in the management of critical resources.
The development of this plant is based on in-house technologies for processing and extracting battery materials.
Unlike traditional methods such as smelting or crushing, these technologies enable the production of quality materials, while reducing the environmental footprint.
By increasing domestic recycling capacity, the company is helping to strengthen the United States’ independence in terms of battery metals, essential for the automotive and renewable energy industries.

A project based on solid partnerships

The grant is accompanied by a strategy of partnerships with key players in the sector.
ABTC is collaborating with companies such as BASF for the supply of raw materials and Siemens for plant engineering.
The Clemson University International Center for Automotive Research (CU-ICAR) and Argonne National Laboratory are also involved in the project.
These alliances will enable us to pool our technological expertise and guarantee the project’s success, both operationally and strategically.
The new plant is expected to generate 1,200 jobs during the construction phase, and a further 300 once fully operational.
ABTC relies on a partnership model between local communities, academic institutions and government to structure a sustainable energy network, while ensuring economic opportunities in underserved areas.

Strengthening the domestic supply chain

The strengthening of the critical metals supply chain in the USA is taking place against a backdrop of increasing international competition, particularly with China, the world leader in the processing and production of battery materials.
The USA is seeking to reduce its dependence on imports, and this project is an example of the national effort to create a circular and local supply.
ABTC is thus positioning itself as a strategic player in the battery industry, with the ambition of securing domestic resources while supporting the country’s decarbonization objectives.
This grant comes on top of a series of financing already secured by the company, including USD 20 million in 2022 to develop next-generation recycling technologies.

A strategy of continuous innovation

The planned plant is ABTC’s second after the one commissioned in 2023 near Reno, Nevada.
This first plant serves as a model for large-scale recycling operations.
ABTC has designed processes to maximize efficiency while reducing production costs.
These innovative technologies are part of a strategy of economic and strategic sustainability.
ABTC has also received public funding for its projects to transform clay into lithium hydroxide, a critical raw material for battery manufacture.
The development of this sector should make it possible to diversify lithium sources away from traditional mining methods, thus contributing to the country’s self-sufficiency in battery resources.

The key role of federal subsidies

Since 2021, the Department of Energy has supported ABTC’s initiatives through several grant programs.
In addition to the US$150 million recently awarded, the company has already received financial support for a US$115 million project to build a commercial lithium hydroxide refinery.
Such public investment is essential to accelerate the commercialization of recycling technologies and the production of battery metals.
The current grant is part of a broader federal policy to boost the critical metals industry in the United States.
These metals, essential for the electrification of transport and the energy transition, represent a strategic challenge in the global geopolitical context.

US-based startup Base Power secures $1bn in Series C funding to boost domestic energy equipment production and expand its distributed storage platform nationwide.
Clean Energy Technologies has signed a letter of intent to lead multiple battery energy storage system projects across New York State, with each site planned for 5 MW of capacity.
The Hagersville Energy Storage Park, led by Boralex and SNGRDC, was awarded for its planned 300 MW capacity, making it Canada’s largest battery storage site.
Nala Renewables strengthens its position in Finland with the acquisition of a battery energy storage portfolio exceeding 250 MW from Swiss developer Fu-Gen AG.
The Japanese group has started construction of a 20MW battery energy storage system in Hokkaido, aiming for commissioning in 2027 with support from PowerX and Kyocera Communication Systems.
Nightpeak Energy has launched commercial operations of Bocanova Power, a 150 MW battery storage facility near Houston, to meet rapidly growing energy demand in Texas.
Neoen has launched construction of its first long-duration battery in Muchea and commissioned the second stage of Collie Battery, bringing its storage capacity in Western Australia to 3,145 MWh.
Ottawa invests CAD22mn ($16.1mn) to support eight technology initiatives aimed at strengthening innovation, local production, and competitiveness in the country's battery supply chain.
Neoen begins construction of its first six-hour discharge battery in Western Australia and commissions the second phase of Collie, surpassing 3 GWh of storage capacity in the State.
Transgrid plans to contract up to 5 GW of grid-forming batteries to strengthen the stability of New South Wales’ electricity network during the energy transition.
The US energy storage market set a quarterly record with 5.6 GW installed, driven by utility-scale projects despite ongoing regulatory uncertainty.
Storage provider HiTHIUM will supply 2GWh of batteries to Solarpro for multiple large-scale projects across the Balkans and Central Europe.
The three Japanese groups announced two new high-voltage battery projects in Shizuoka and Ibaraki prefectures, bringing their joint portfolio to four facilities with a combined capacity of 180MW.
EVE Energy seals a 500MWh strategic agreement with CommVOLT in Europe for commercial and industrial storage at Solar & Storage Live UK 2025, as its five MWh direct current system enters deployment.
Energy Vault Holdings has secured $50mn in debenture financing, complementing a $300mn preferred equity investment, to support the development of its large-scale energy storage projects.
Grenergy reported €86mn in EBITDA in the first half of 2025 and raised its investments to €421mn, supported by increased energy sales and major storage operations.
The 400 MWh energy storage system installed by RWE in Limondale becomes the longest-duration grid-connected battery in Australia, with full commissioning expected by the end of the year.
A steel site in Taizhou now hosts Jiangsu’s largest behind-the-meter energy storage system, with 120 MW of output and 240 MWh of capacity, developed by Jingjiang Taifu New Energy.
Braille Energy Systems will directly integrate the distribution of its lithium battery line for drag racing, previously managed by Tony Christian Racing, consolidating its motorsport operations starting October 1.
NorthX Climate Tech commits $1.6mn to three Canadian energy storage firms, supporting the development of localised grid solutions in British Columbia and Alberta.

All the latest energy news, all the time

8.25£/month*

*billed annually at 99£/year for the first year then 149,00£/year ​

Unlimited access - Archives included - Pro invoice

7 DAY PASS

Up to 50 items can be consulted for 7 days,
without automatic renewal

3£/week*

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.