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News Release Highlights:
Extended Research Partnership with Global Top 20 Ranked University: Battery X Metals has amended and extended its collaboration with a global Top 20 ranked university to advance the development of its proprietary eco-friendly battery-grade material recovery technology.
Proprietary Eco-Friendly Battery-Grade Material Recovery Technology: The collaboration focuses on optimizing Battery X Metals' proprietary eco-friendly froth flotation process, a sustainable and energy-efficient method for recovering critical battery-grade materials such as graphite, lithium, nickel, and cobalt from black mass. This technology aims to enhance battery-grade material recovery while reducing environmental impact and energy consumption.
Commitment to Clean Energy Transition & Sustainability: Battery X Metals' innovative lithium-ion battery recycling technology aligns with global efforts for cleaner energy by ensuring a steady supply of critical battery materials essential for electric vehicle (EV) battery production. This eco-friendly process supports both sustainability and economic growth in the clean energy transition.
Highlights:
A non-binding Letter of Interest received from the US EXIM Bank for up to US$330M in long term debt financing for the construction of a lithium production plant at the Paradox Basin in Utah, USA.
US EXIM is the official export credit agency of the US Federal Government, whose objectives include strengthening America’s Supply Chains through it’s “Make More in America” Initiative.
Anson continues to advance development of its globally significant lithium projects located in the Paradox Basin, Utah.
