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- Pyxera Global and Terra’s Done with It program have launched a pilot program, sponsored by FedEx, to check the viability of recovering used electronics (e-waste)
- American Battery Technology Company to recycle lithium-ion batteries recovered from this pilot program and assist blueprints for nationwide assortment and recycling applications
RENO, Nev., Oct. 12, 2023 /PRNewswire/ — American Battery Technology Company (ABTC) (NASDAQ: ABAT), an built-in essential battery supplies firm that’s commercializing its applied sciences for each main battery minerals manufacturing and secondary minerals lithium-ion battery recycling, is happy to function the lithium-ion battery recycler for Pyxera Global and Terra’s Done with It pilot program, sponsored by FedEx, to check the viability of recovering used electronics (e-waste). The pilot program goals to develop round enterprise fashions for the logistics business.
“Consumer electronics are notoriously difficult to efficiently collect, aggregate, and recycle,” acknowledged Ross Polk, American Battery Technology Company’s director of enterprise improvement. “We are excited to support this collection and recycling program, thanks to Pyxera, FedEx, and project partners. By removing barriers around cost and collection for consumers, ABTC aims to increase the amount of batteries entering the closed-loop supply chain in the United States.”
Residents of the continental U.S. wishing to donate their laptops and tablets could request a free FedEx transport label and donation directions by visiting the Done with It (Powered by Evercycle) web site. The pilot program will settle for gadgets via December 15, 2023.
TERRA’s Done with It mail-in recycling program will facilitate the nationwide assortment of laptops and tablets and can direct the donated units to a safe FedEx facility positioned in center Tennessee. To shield donor privateness, each system may have its inner reminiscence wiped and/or bodily destroyed in accordance with the R2v3 certification requirements.
If a donated system is repairable, it is going to be despatched to Electronics Recycling Solutions (ERS), a Nashville-area social enterprise that can be R2v3-certified and devoted to coaching adults with developmental disabilities in high-demand restore expertise. If the system can’t be mounted, it is going to be damaged down and its part components harvested for recycling. In explicit, the batteries will probably be despatched to ABTC, which is able to get well the supplies vital for a home battery metals provide chain, powering electrical automobiles.
The lithium-ion batteries will probably be recycled at ABTC’s commercial-scale, lithium-ion battery recycling facility positioned within the Tahoe-Reno Industrial Center in Nevada.
About American Battery Technology Company
American Battery Technology Company (ABTC), headquartered in Reno, Nevada, has pioneered first-of-kind applied sciences to unlock domestically manufactured and recycled battery metals critically wanted to assist meet the numerous demand from the electrical car, stationary storage, and client electronics industries. Committed to a round provide chain for battery metals, ABTC works to repeatedly innovate and grasp new battery metals applied sciences that energy a world transition to electrification and the way forward for sustainable power.
Forward-Looking Statements
This press launch incorporates “forward-looking statements” throughout the which means of the secure harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, aside from statements of historic truth, are “forward-looking statements.” Although the American Battery Technology Company’s (the “Company) 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’s future results to differ materially from those anticipated. Potential risks and uncertainties include, among others, interpretations or reinterpretations of geologic information, unfavorable exploration results, inability to obtain permits required for future exploration, development or production, 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, final investment approval and the ability to obtain necessary financing on acceptable terms or at all. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company’s filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the year ended June 30, 2023. The Company assumes no obligation to update any of the information contained or referenced in this press release.
SOURCE American Battery Technology Company
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