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0.00214085744085196 0.0484712082121096 0.0265136959982434 0.0484712082121096 0.0814074765329089 0.0576933633419333 0.015589833671845 0.0704287204259758
Stock impact report

American Battery Technology Company Awarded $20 Million Tax Credit through Competitive US DOE Process to Advance its Critical Minerals Battery Recycling Facility [Yahoo! Finance]

American Battery Technology Company (ABAT) 
Company Research Source: Yahoo! Finance
RENO, Nev. April 3, 2024 /PRNewswire/ -- American Battery Technology Company (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, was selected for an approximately $20 million award through the Qualifying Advanced Energy Project Credits program (48C) . This award was granted by the U.S. Department of Treasury Internal Revenue Service following a highly competitive technical and economic review process performed by the U.S. Department of Energy (DOE), which evaluated the feasibility of applicant facilities to advance America's buildout of globally competitive critical material recycling, processing, and refining infrastructure. "We are proud to have been selected for this highly competitive award, and humbled to have been chosen within a program where less than one-tenth of the requested funds were ultimately selected for a Show less Read more
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