ABF and Anovion recently received a federal grant from the Department of Energy, which awarded $2.8 billion to advanced materials companies that began sourcing battery components from new and recycled materials. using lithium, graphite and other materials from North America.
American Battery Factory (ABF), a US-based battery manufacturer, yesterday signed a strategic alliance with Anovion to become a preferred supplier to supply synthetic graphite anode material to the lithium battery cell production line. -iron phosphate (LFP) from ABF. In addition to a national supply agreement, the alliance also includes joint investment opportunities in emerging technologies to improve lithium battery performance and supply chain optimization.
ABF and Anovion recently received a federal grant from the Department of Energy under President Biden’s bipartisan Infrastructure Act of 2021, which awarded a total of $2.8 billion to advanced materials companies that have started sourcing battery material components from new and recycled materials using lithium, graphite and other materials sourced from North America.
ABF, based in American Fork, Utah, is receiving $57.7 million in DOE funding to construct and operate a 5,000 metric ton per year lithium hydroxide cathode materials production facility at proximity to sedimentary mining resources in Tonopah, Nevada. The cathode facility will have the capacity to expand over time to produce 30,000 MT/yr of LiH material as demand for EV batteries increases. The Nevada facility will create 150 jobs and the facility is partnering with the University of Nevada â Reno and the Southwest Central Regional Economic Development Authority to support employment and regional business interest in installing advanced materials.
Chicago-based Anovion is receiving $117 million in DOE funding under bipartisan legislation to expand and modify a $294 million capital cost synthetic graphite anode production facility in Sanborn, New York, to produce 150,000 MT/yr of anode material for electric vehicles and energy storage demands. The facility near Niagara Falls, NY will have an initial production capacity of 35,000 MT/yr and will create 300 long-term jobs in an area affected by the relocation of industrial jobs over the years. Community support for the Anovion project comes from Niagara County and the State University of New York – University at Buffalo.
“Anovion’s management team has a proven track record of delivering a high quality product with excellent performance and consistency,” said Paul Charles, CEO of American Battery. “We are thrilled to partner with a US-based supplier that shares our values ââand vision for the global battery market and is also committed to making energy independence a reality for everyone,” said Charles.
On October 19, the Department of Energy awarded $2.8 billion in a first phase of project funding under President Biden’s bipartisan Infrastructure Act to expand domestic manufacturing of batteries for electric vehicles. , energy storage, aerospace and defense applications, among others. ABF and Anovion were among 20 companies receiving funding for advanced materials production and recycling facilities located in 12 states.
Battery Manufacturing Award funding supports:
- Develop enough battery-grade lithium to power about 2 million electric vehicles per year.
- Develop enough battery-grade graphite to supply approximately 1.2 million electric vehicles per year.
- Produce enough battery-grade nickel to power approximately 400,000 electric vehicles per year.
- Installation of the first large-scale commercial lithium electrolyte salt (LiPF6) production facility in the United States.
- Develop an electrode binder plant capable of meeting 45% of the projected national demand for electric vehicle battery binders in 2030.
- Create the nation’s first commercial-scale silicon oxide production facilities to supply anode materials for approximately 600,000 EV batteries per year.
- Installation of the first lithium iron phosphate cathode facility in the United States.
The President’s American Battery Materials Initiative is led by a steering committee of White House officials and coordinated by the Department of Energy with support from the Department of the Interior. Its adoption stems from Executive Order 14017, the Critical Minerals and High Capacity Battery Supply Chain Review, which recommended taking a mineral-by-mineral approach to sourcing domestic mining and processing capacity. in an environmentally friendly manner, as well as recycling materials, and forging partnerships and alliances to diversify international supply chains, as well as streamlining engagement with tribal nations and reducing labor costs and permits by sourcing domestic materials.
Other recipients of DOE funding under the ABM initiative include Ascend Elements, Cirba Solutions, Group14 Technologies, Novonix, Piedmont Lithium and Talon Metals.
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