- American Battery Technology Company , an integrated battery materials technology company, announced yesterday that the company has consummated a debt financing with a single institutional investor for up to $50 million in zero coupon, senior secured convertible notes.
CEO Ryan Melsert commented,"This capital investment supports the continued development of our core projects as we evolve from pilot and demonstration scale systems up to commercial scale facilities in each of our business units. American Battery Technology Company is an integrated battery materials technology company. Through its three divisions, lithium-ion battery recycling, primary metal extraction technologies and primary resource development, the company plans to supply"low-cost, lower-environmental impact, and domestically sourced battery metals."