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DOE reinstates $57M American Battery grant
American Battery Technology Co. won its appeal after the agency canceled the grant last year. It will continue plans to build a $115 million commercial-scale lithium refinery alongside its lithium-ion battery recycling efforts.
AI Summary
American Battery Technology Co. won an appeal after the Department of Energy rescinded its $57 million grant, restoring the funding. The company will proceed with its plan to construct a $115 million lithium refinery. The grant had been canceled in October when DOE withdrew $700 million in battery‑related grants, citing missed milestones and concerns about economic viability. American Battery noted it was among hundreds of projects affected by the cancellations.
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