nevada lithium project advancement

While the U.S. has long talked about reducing dependence on foreign minerals, ABAT is actually doing something about it. The company’s Tonopah Flats Lithium Project in Nevada just got the golden ticket—federal fast-track status as a Transparency Priority Project. No more waiting in line with boring paperwork. This baby’s going straight to the VIP section of the Federal Permitting Dashboard.

What’s the big deal? Only a whopping 6 billion tonnes of lithium-rich claystone sitting in Nevada’s Big Smoky Valley. That’s 21.2 million tons of lithium carbonate equivalent, if you’re counting. Which apparently the feds are. The project’s $4.67 billion net present value probably caught some attention too.

ABAT’s Nevada jackpot isn’t just big—it’s federal-attention big at $4.67 billion and 21.2 million tons of lithium.

Uncle Sam isn’t just holding the door open. The Department of Energy threw $57 million at ABAT for a commercial facility and another $144 million for battery recycling. They’re practically begging them to hurry up and start digging.

And ABAT isn’t messing around with old-school methods. Their proprietary extraction technology promises to be cheaper and cleaner than the usual ways of getting lithium. Like Redwood Materials, the company is tapping into DOE-backed loans to bolster America’s battery supply chain capabilities. The newly completed fourth drill program provides essential data to advance the project toward commercial production. The planned refinery will crank out 30,000 tonnes of battery-grade lithium hydroxide annually. Right there on site. No shipping raw materials to China and back, thank you very much.

The FAST-41 framework means multiple federal agencies will actually talk to each other. Innovative concept, right? This coordination should slash years off the permitting process.

Even the Export-Import Bank is sniffing around, potentially offering a $900 million loan. Turns out energy independence is pretty popular these days.

For an industry drowning in foreign dependency, ABAT’s vertical integration—mining, refining, and recycling all under one corporate roof—might be the life raft the U.S. battery supply chain desperately needs. The project aligns perfectly with Trump’s Executive Order aimed at increasing American mineral production to reduce reliance on foreign sources. Electric vehicles need batteries. Batteries need lithium. And lithium just happens to be sitting in Nevada. Funny how that works.

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