We are proud to announce that BASF, one of the world’s leading producers of battery materials, and American Battery Technology Company are joining forces to form a partnership to provide the North American market with a regional, closed-loop solution for lithium-ion batteries. Under the terms of the agreement, with deliveries starting in 2024, BASF will produce cathode active materials at its production site in Battle Creek, Michigan, USA, using recycled metals purchased from ABTC, such as nickel, cobalt, and lithium. This is part of a broader collaboration with Nanotech Energy and TODA to establish the first closed-loop solution for lithium-ion batteries in North America.