{"id":834017,"date":"2025-04-04T08:52:12","date_gmt":"2025-04-04T12:52:12","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/american-battery-technology-company-announces-contract-to-sell-legacy-property-in-fernley-nevada\/"},"modified":"2025-04-04T08:52:12","modified_gmt":"2025-04-04T12:52:12","slug":"american-battery-technology-company-announces-contract-to-sell-legacy-property-in-fernley-nevada","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/american-battery-technology-company-announces-contract-to-sell-legacy-property-in-fernley-nevada\/","title":{"rendered":"American Battery Technology Company Announces Contract to Sell Legacy Property in Fernley, Nevada"},"content":{"rendered":"<h2>\nSale Will Support Commercialization of Additional Advanced Technologies at its Operational Commercial-Scale Battery Recycling Facility in McCarran, Nevada<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>Reno, Nev., April  04, 2025  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=VxHo1_SeeSOuaURybab7ked29qE8ezMZodvTjLAvq_Kg9d4AUSOr1SJKUM6OgiyjgYMu4e1R2PjJUryKu50XfXQfoqDwRZvsqzAUQY0B8Ie44KmsQdo8EJ8ee99tsoG_uCWOsd9ebAUapgCgfmYxHg==\" rel=\"nofollow\" target=\"_blank\">American Battery Technology Company\u00a0<\/a>(ABTC) (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, has announced the sale of one of its unused legacy properties located at 395 Logan Lane in Fernley, Nevada. This 12-acre property entered into contract to sell for $6.75 million, with the transaction expected to close on or before July 10, 2025. \u00a0<\/p>\n<p>This strategic sale will support the company\u2019s mission to advance its lithium-ion battery recycling technologies and streamlined operations at its commercial-scale battery recycling facility in the Tahoe-Reno Industrial Center (TRIC) at 2500 Peru Drive, McCarran, Nevada. The prioritization of this operational facility at TRIC allows ABTC to continue its focused implementation on its innovative recycling processes that are critical to developing a domestic supply of refined battery materials.<\/p>\n<p>\u201cThe acquisition of our industrial recycling facility at TRIC substantially accelerated the implementation of our first integrated, commercial-scale lithium-ion battery recycling operations,\u201d said American Battery Technology Company CEO Ryan Melsert. \u201cThe sale of one of our legacy Fernley assets will provide additional resources to continue to execute the second phase of our advanced recycling technologies, strengthening our ability to foster the development of one of North America\u2019s first closed-loop battery material supply chains.\u201d<\/p>\n<p>ABTC\u2019s recycling facility is built on a first-of-its-kind technology framework that combines advanced de-manufacturing processes with selective hydrometallurgical methods. This feedstock-agnostic system allows for the processing of various lithium-ion batteries regardless of size, shape, or chemistry. The facility\u2019s first operational phase produces materials such as copper, aluminum, steel, lithium intermediate, and black mass. Further refinement in the second phase enables the production of battery-grade nickel sulfate, cobalt sulfate, manganese sulfate, and lithium hydroxide.<\/p>\n<p>The company continues to evaluate opportunities for its real property asset at 390 Logan Lane and the company\u2019s water rights holdings located in Fernley, Nevada.<\/p>\n<p>\n        <b>About American Battery Technology Company<\/b><br \/>\n        <br \/>American Battery Technology Company (ABTC), headquartered in Reno, Nevada, has pioneered first-of-kind technologies to unlock domestically manufactured and recycled battery metals critically needed to help meet the significant demand from the electric vehicle, stationary storage, and consumer electronics industries.\u00a0 Committed to a circular supply chain for battery metals, ABTC works to continually innovate and master new battery metals technologies that power a global transition to electrification and the future of sustainable energy. <\/p>\n<p>\n        <b>Forward-Looking Statements <\/b>\u00a0<br \/>This press release contains \u201cforward-looking statements\u201d within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are \u201cforward-looking statements.\u201d Although the American Battery Technology Company\u2019s (the \u201cCompany\u201d) management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company\u2019s future results to differ materially from those anticipated. Potential risks and uncertainties include, among others, risks and uncertainties related to the Company\u2019s ability to continue as a going concern; general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company\u2019s filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the year ended June 30, 2024. The Company assumes no obligation to update any of the information contained or referenced in this press release.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxNzA3OSM2ODUxNDkwIzUwMDEyODg1MA==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZjU0Mjg3ZTctNDU2My00MzYyLWEyZDktMDNkNjU1ZWFjMGRmLTUwMDEyODg1MC0yMDI1LTA0LTA0LWVu\/tiny\/American-Battery-Technology-Co.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Tiffiany Moehring\r\nAmerican Battery Technology Company\r\n720.254.1556\r\ntmoehring@batterymetals.com\r\n<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sale Will Support Commercialization of Additional Advanced Technologies at its Operational Commercial-Scale Battery Recycling Facility in McCarran, Nevada Reno, Nev., April 04, 2025 (GLOBE NEWSWIRE) &#8212; American Battery Technology Company\u00a0(ABTC) (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, has announced the sale of one of its unused legacy properties located at 395 Logan Lane in Fernley, Nevada. This 12-acre property entered into contract to sell for $6.75 million, with the transaction expected to close on or before July 10, 2025. \u00a0 This strategic sale will support the company\u2019s mission to advance its lithium-ion battery recycling technologies and streamlined operations at its commercial-scale battery &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/american-battery-technology-company-announces-contract-to-sell-legacy-property-in-fernley-nevada\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;American Battery Technology Company Announces Contract to Sell Legacy Property in Fernley, Nevada&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-834017","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>American Battery Technology Company Announces Contract to Sell Legacy Property in Fernley, Nevada - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/american-battery-technology-company-announces-contract-to-sell-legacy-property-in-fernley-nevada\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"American Battery Technology Company Announces Contract to Sell Legacy Property in Fernley, Nevada - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Sale Will Support Commercialization of Additional Advanced Technologies at its Operational Commercial-Scale Battery Recycling Facility in McCarran, Nevada Reno, Nev., April 04, 2025 (GLOBE NEWSWIRE) &#8212; American Battery Technology Company\u00a0(ABTC) (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, has announced the sale of one of its unused legacy properties located at 395 Logan Lane in Fernley, Nevada. This 12-acre property entered into contract to sell for $6.75 million, with the transaction expected to close on or before July 10, 2025. \u00a0 This strategic sale will support the company\u2019s mission to advance its lithium-ion battery recycling technologies and streamlined operations at its commercial-scale battery &hellip; Continue reading &quot;American Battery Technology Company Announces Contract to Sell Legacy Property in Fernley, Nevada&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/american-battery-technology-company-announces-contract-to-sell-legacy-property-in-fernley-nevada\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-04T12:52:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxNzA3OSM2ODUxNDkwIzUwMDEyODg1MA==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/american-battery-technology-company-announces-contract-to-sell-legacy-property-in-fernley-nevada\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/american-battery-technology-company-announces-contract-to-sell-legacy-property-in-fernley-nevada\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"American Battery Technology Company Announces Contract to Sell Legacy Property in Fernley, Nevada\",\"datePublished\":\"2025-04-04T12:52:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/american-battery-technology-company-announces-contract-to-sell-legacy-property-in-fernley-nevada\\\/\"},\"wordCount\":620,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/american-battery-technology-company-announces-contract-to-sell-legacy-property-in-fernley-nevada\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTQxNzA3OSM2ODUxNDkwIzUwMDEyODg1MA==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/american-battery-technology-company-announces-contract-to-sell-legacy-property-in-fernley-nevada\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/american-battery-technology-company-announces-contract-to-sell-legacy-property-in-fernley-nevada\\\/\",\"name\":\"American Battery Technology Company Announces Contract to Sell Legacy Property in Fernley, Nevada - 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