American Battery Technology Company Receives Contract for $57M Grant from US DOE for Construction of Commercial-Scale Lithium Hydroxide Refinery

URLhttps://www.prnewswire.com/news-releases/american-
SourceCISION PR Newswire
Date Published09/06/2023

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:2023
City reshored to:Tonopah
State(s) reshored to:NV
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredminerals,minerals lithium-ion battery recycling
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Government Incentives, Skilled workforce availability/training, U.S. price of natural gas/chemicals/electricity, $57 million contract award from DOE
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