secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN BATTERY TECHNOLOGY Co (ABAT)
CIK:        0001576873
Form:       8-K
Filed at:   2024-12-18T23:59:59+00:00
Accession:  0001493152-24-050634
Event type: regulatory
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

ABTC awarded $144M DOE grant for second lithium-ion battery recycling facility
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- Total project value $368.5M; DOE cost share $143.6M, company share $224.9M.
- Second facility will process 100,000 tonnes/year of battery materials, five times first plant throughput.
- Grant commences January 1, 2025; funds obligated $123M of DOE share.
- Facility will output battery-grade Ni, Co, Mn, LiOH; BASF offtake agreement from Summer 2023.
- Expected to create 1,200 construction jobs and 300 operations jobs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1576873/000149315224050634/0001493152-24-050634-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1576873/000149315224050634/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-050634

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