<div id="readability-page-1">Grant reinstatement: The DOE reversed its termination of ABTC’s $115M grant, allowing the Nevada lithium refinery project to proceed. Project significance: Tonopah Flats is among the largest U.S. lithium claystone resources, targeting 5,000 tpa of battery-grade lithium hydroxide. Market backdrop: Global lithium prices have surged on supply concerns, raising stakes for domestic production and EV supply chains.</div>

ABAT

<p>The U.S. Department of Energy has reinstated a $115 million grant for ABTC's lithium refinery project in Nevada, reversing a previous termination. This decision supports the Tonopah Flats project, which targets 5,000 tons per annum of battery-grade lithium hydroxide from one of the largest U.S. lithium claystone resources. The move comes amid surging global lithium prices and supply concerns, highlighting the strategic importance of domestic production for EV supply chains.</p>

DOE restores $115M grant for ABTC lithium refinery project