American Battery Materials Inc. (ABM) is a U.S.-based mineral exploration and development company specializing in Direct Lithium Extraction (DLE) technology. Established with the mission to secure domestic lithium supply chains, ABM focuses on developing sustainable extraction methods that support the growing demand for battery materials in the electric vehicle and energy storage sectors. The company’s operations concentrate on exploring and processing lithium-rich brine deposits, particularly in the Paradox Basin region. ABM’s approach emphasizes environmental responsibility, implementing closed-loop systems that minimize waste and reduce greenhouse gas emissions compared to traditional extraction methods.
Battery Technology
ABM’s technological foundation centers on their advanced Direct Lithium Extraction (DLE) process, which represents a significant improvement over conventional lithium production methods. The DLE system operates through a closed-loop process that extracts lithium from underground brine deposits while returning processed brine to its source. This method achieves several environmental advantages:
- 97% reduction in land use compared to traditional evaporation ponds
- Elimination of mining waste through the closed-loop system
- Significant decrease in water consumption
- Lower carbon emissions throughout the extraction process
The technology allows for continuous lithium extraction regardless of weather conditions, unlike solar evaporation methods. ABM’s process can also handle varying brine compositions, making it adaptable to different geological settings while maintaining consistent production quality.
Recent Projects
In 2024, ABM received approval to reenter the Peterson Fed 88-21P well bore in southeastern Utah, marking a significant step in their lithium exploration efforts. The company has partnered with RESPEC Company LLC for geotechnical engineering and resource management support. This collaboration enhances ABM’s exploration capabilities in the Lisbon Valley Project area, where historical data indicates promising lithium concentrations in subsurface brines.
Investors
Recent investor activity includes a notable internal investment from CFO Agustin Cabo, who purchased 50,000 shares at $0.053 per share. The company has engaged MZ Group to manage investor relations and financial communications, aiming to increase visibility among institutional investors and market analysts. Detailed information about external investors is not publicly available.
Business Details
Location: Greenwich, CT, USA
Website: https://americanbatterymaterials.com
LinkedIn: https://www.linkedin.com/company/americanbatterymaterials/