American Battery (ABAT) Technology has completed its fourth drill program at its Tonopah Flats Lithium Project. This marks an important milestone in the company’s effort to accelerate the commercialization of its domestic lithium resource in alignment with President Trump’s recent executive order Immediate Measures to Increase American Mineral Production. “This advancement in the commercialization of primary lithium production from our domestic-US Nevada claystone is a vital step towards onshoring the manufacturing of a reliable American critical mineral product,” said CEO Ryan Melsert. “We look forward to collaborating with the Administration to accelerate the commercialization of our Tonopah Flats Project to support national security, reinforce supply chain stability, and create high-quality jobs.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ABAT:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue