American Lithium Receives $4.5 Million DOE Grant for Lithium Processing Pilot Plant, Nevada
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American Lithium was selected by the U.S. Department of Energy Advanced Manufacturing Office (DOE), with co-recipient American Battery Technology Company (ABTC) and another industry partner, to receive grant funding totalling 50 percent of the capital cost for a $4.5 million lithium extraction/hydroxide pilot plant.
“We are extremely pleased to partner with ABTC on this high profile pilot project with funding from the Department of Energy. We believe that it is a strong validation of the unique characteristics of lithium mineralization at TLC that the U.S. Government selected this project to back and provide funding for. It’s exciting to be working with ABTC and others on this multi-year, industry led partnership to improve the production of lithium hydroxide from domestic sources,” said Mike Kobler, CEO of American Lithium.
Together, we can be leaders in the growth of lithium chemical supply in the burgeoning field of large-scale battery manufacturing in the United States,” added Kobler.
The grant provides funding to complete field demonstration of selective leaching, targeted purification, and electro-chemical production of battery grade lithium hydroxide precursor from U.S. claystone deposits, and more specifically American Lithium’s TLC Project, near Tonopah, Nevada. The funding is part of U.S. government agencies’ efforts to reduce American dependence on foreign supply of important critical minerals including battery metals required for American energy storage needs, including the electrification of the vehicle sector. Further details on the project are available here.
Specifically, this project will look to utilize ABTC’s proprietary lithium extraction technologies to extract lithium from American Lithium’s unique TLC claystone deposits. The lithium mineralization at TLC has a number of unique properties and has shown the potential, utilizing more traditional methods of extraction, for fast, efficient, and cost-effective lithium extraction. While the company will proceed with its own initiatives to establish the best, commercially viable process for lithium extraction from TLC, it will concurrently take part in this DOE funded pilot project utilizing ABTC’s technologies in combination with TLC claystone deposits.
About American Lithium
American Lithium is actively engaged in the exploration and development of lithium deposits within mining-friendly jurisdictions throughout the Americas. The company is currently exploring and developing the TLC lithium project located in the highly prospective Esmeralda lithium district in Nevada. TLC is close to infrastructure, 3.5 hours south of the Tesla Gigafactory, and in the same basinal environment as Albemarle’s Silver Peak lithium mine and several advancing deposits and resources, including Ioneer’s Rhyolite Ridge and Cypress Development’s Clayton Valley Project.
To stop by American Lithium’s website, CLICK HERE
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