NV lithium extraction and battery manufacturing facilities get $107M federal boost

SourceNevada Current
Date Published10/21/2022
Author NameJeniffer Solis
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name American Battery Technology Company (ABTC)
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):150
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):50
City reshored to:Tonopah
State(s) reshored to:NV
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredbattery grade lithium
What domestic positive factors made reshoring more attractive?Government Incentives, IRA, zero emissions, Biden
Government Incentive dollar amount:$50 million
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