secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN BATTERY TECHNOLOGY Co (ABAT)
CIK:        0001576873
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001493152-24-015942
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ABTC updates Tonopah Flats Lithium Project Initial Assessment; NPV-10 rises to $4.67B
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- Updated Initial Assessment uses only Measured and Indicated resources, excluding Inferred resources.
- Total claystone processed over life of mine reduced 7% to 597M tons; average grade up 8% to 4,111 ppm LHM.
- Average production costs down 7% to $4,302/ton LHM; NPV-10 up 6% to $4.67B.
- Measured+Indicated resource: 3.16B tons at 596 ppm Li, 11,400 kTons LHM.
- Company received DOE grants: $4.5M for pilot plant and $115M for commercial refinery.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1576873/000149315224015942/0001493152-24-015942-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1576873/000149315224015942/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-015942

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