NasdaqCM:ABATMetals and Mining
American Battery Technology (ABAT) Is Up 6.1% After DOE Reinstates US$115M Grant For Lithium Refinery
American Battery Technology Company recently won its appeal with the U.S. Department of Energy, securing full reinstatement of a US$115 million grant to fund the first phase of its Tonopah Flats Lithium Project refinery, with all technical and commercial milestones preserved and the schedule adjusted for the review-related delay.
This decision follows multi-administration federal backing and a Pre-Feasibility Study outlining a long-life lithium project, highlighting sustained government...