American Battery Technology Company Joins U.S. Department of Energy and Industry Partners to Develop Future Battery and EV Workforce
16 Diciembre 2024 - 10:51AM
- Public and private industry partners from each sector of the
electric vehicle (EV) circular supply-chain chosen to establish
real world environment to train and develop next generation battery
and EV workforce.
- American Battery Technology Company (ABTC), representing
battery recycling sector, to support the development of a new U.S.
energy manufacturing workforce alongside public and private
partners such as the U.S. Department of Energy, Argonne National
Laboratory, Stellantis, Samsung SDI America, and the Volta
Foundation.
- Top industry talent at ABTC supports future battery
workforce to design battery packs for a Stellantis vehicle with
more environmentally and economically sustainable materials and
practices to build future talent capacity for the North American
battery supply chain.
American Battery
Technology Company (ABTC) (NASDAQ: ABAT), an integrated critical
battery materials company that is commercializing its technologies
for both primary battery minerals manufacturing and secondary
minerals lithium-ion battery recycling, is pleased to announce its
entrance into the U.S. Department of Energy’s Battery Workforce
Challenge, and the launch of an ABTC developed new ‘Design for
Recyclability’ category for this three-year collegiate and
vocational engineering competition.
This competition supports
twelve North American teams of universities and their regional
vocational partners that are each designing, building, testing, and
integrating a next-generation advanced lithium-ion battery pack and
electric powertrain into a Stellantis donated 2024 Ram ProMaster
EV. ABTC’s entrance into this competition brings an additional
dimension of performance in the evaluation of these designs, as
students are now challenged to design battery packs with a design
for recyclability (DFR) mindset that allows for these complex
batteries to be strategically disassembled and recycled at the end
of their lives. These high-value constitute components within the
batteries are then able to be recovered and resold into the
domestic North American supply chain to create a closed-loop
circular infrastructure, increasing the residual value of the
battery pack and lowering overall lifecycle costs of EVs.
“We work directly with
many of the premier automotive OEMs and receive large amounts of
current and next generation prototype battery packs, and these pack
designs are becoming increasingly complex with the proliferation of
cell-to-pack, advanced passive propagation resistance, and hybrid
cell chemistry designs,” stated American Battery Technology Company
CEO Ryan Melsert.
Melsert continued, “When
we speak with leadership at these automotive OEMs they often detail
the engineering methods to increase gravimetric and volumetric
energy density to increase performance and lower overall cost.
However, one of the most impactful tools for decreasing cost is to
increase the residual value of the battery at its end-of-life, and
embedding from the early design stages a strategic plan for how to
demanufacture a battery can significantly lower recycling costs and
increase recovery rates within a recycling process.
This new “Design for
Recyclability” methodology embeds within the next generation of
electric vehicle and battery engineers the importance of designing
battery systems that can be strategically demanufactured and
recycled at their end of lives, and of using materials and designs
to facilitate this closed-loop circular mindset to return
end-of-life materials to the battery manufacturing supply
chain. Training and guidance from ABTC will help steer new
and innovative battery pack designs towards more environmentally
and economically sustainable materials and
practices.
The Battery Workforce
Challenge is sponsored by the U.S. Department of Energy (DOE) and
Stellantis and managed by Argonne National Laboratory. It provides
future engineers and technicians real-life experiences to shape new
energy efficient mobility solutions. The ‘Design for
Recyclability’ category focuses on areas such as 3D modeling,
dynamic simulations, and lifecycle modeling and economic impact,
and it introduces students to Argonne National Laboratory ReCell’s
BatPaC, GREET, and EverBatt Models, for calculating lifecycle
greenhouse gas emissions, economic impacts, and ensuring that
end-of-life materials are re-introduced into the domestic supply
chain.
ABTC will also support
other initiatives within the Battery Workforce Challenge Program,
including efforts to establish regional workforce training hubs
nationwide that will step into critical skill gaps and identify
areas to reskill and upskill vocational and transitional workers
for in-demand EV and battery manufacturing and recycling
jobs.
For background about the
Battery Workforce Challenge, please visit the U.S. DOE’s Advanced
Vehicle Technology Competition Series, managed by Argonne National
Laboratory.
About American Battery
Technology Company American Battery Technology Company
(ABTC), headquartered in Reno, Nevada, has pioneered first-of-kind
technologies to unlock domestically manufactured and recycled
battery metals critically needed to help meet the significant
demand from the electric vehicle, stationary storage, and consumer
electronics industries. Committed to a circular supply chain
for battery metals, ABTC works to continually innovate and master
new battery metals technologies that power a global transition to
electrification and the future of sustainable
energy.
About Argonne National
Laboratory Argonne National Laboratory seeks
solutions to pressing national problems in science and technology
by conducting leading-edge basic and applied research in virtually
every scientific discipline. Argonne is managed by UChicago
Argonne, LLC for the U.S. Department of Energy’s Office of
Science.
Forward-Looking
Statements This press release contains “forward-looking
statements” within the meaning of the safe harbor provisions of the
U.S. Private Securities Litigation Reform Act of 1995. All
statements, other than statements of historical fact, are
“forward-looking statements.” Although the Company’s management
believes that such forward-looking statements are reasonable, it
cannot guarantee that such expectations are, or will be, correct.
These forward-looking statements involve a number of risks and
uncertainties, which could cause the Company’s future results to
differ materially from those anticipated. Potential risks and
uncertainties include, among others, risks and uncertainties
related to the Company’s ability to continue as a going concern;
general economic conditions and conditions affecting the industries
in which the Company operates; the uncertainty of regulatory
requirements and approvals; fluctuating mineral and commodity
prices, final investment approval and the ability to obtain
necessary financing on acceptable terms or at all. Additional
information regarding the factors that may cause actual results to
differ materially from these forward-looking statements is
available in the Company’s filings with the Securities and Exchange
Commission, including the Annual Report on Form 10-K for the year
ended June 30, 2024. The Company assumes no obligation to update
any of the information contained or referenced in this press
release.
- American Battery Technology Company Joins U.S. Department of
Energy and Industry Partners to Develop Future Battery and EV
Workforce
Tiffiany Moehring
American Battery Technology Company
720.254.1556
tmoehring@batterymetals.com
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