other material
confidence high
sentiment positive
materiality 0.75
ABTC increases Tonopah Flats lithium resource 17% to 21.15Mt LHM; 54% now measured or indicated
AMERICAN BATTERY TECHNOLOGY Co
- Total resource now 21.15M tons lithium hydroxide monohydrate, up 17% from prior estimate.
- 54% of resource classified as measured or indicated, up from inferred, increasing confidence.
- Updated economic model shows $4.41B NPV (10% discount), 65.8% IRR, 2.4-year payback.
- Resource remains open to south, southwest, and at depth for further expansion.
- Next steps include pre-feasibility study and commissioning of integrated pilot refinery.