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American Battery Technology Company Announces Commercial Transaction for Bulk Purchase of Recycled Black Mass Material by Domestic Strategic Customer

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American Battery Technology Company (ABTC) achieves major commercial milestone for its internally-developed, first-of-kind, commercial-scale battery recycling facility by entering into a binding purchase agreement for accumulated volume of its recycled black mass material to a domestic strategic customer

Ensuring recycled black mass feeds the North American circular battery metals supply chain, as opposed to being sold to the Asian refining market, ABTC strategically shifts to direct sale of its products, as opposed to working indirectly through marketing agents

Black mass material recycled from lithium-ion batteries contains metals such as lithium, nickel, and cobalt that can be used in the manufacturing of new lithium-ion batteries needed to power consumer electronics, stationary grid storage systems, and electric vehicles

RENO, Nev., July 10, 2024 /PRNewswire/ — American Battery Technology Company (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, achieved a major commercial milestone by entering into a direct binding agreement for the purchase of its accumulated recycled black mass material by a domestic strategic customer from its first-of-kind lithium-ion battery recycling facility.

American Battery Technology Company began operations of its commercial lithium-ion battery recycling plant in October 2023. The ABTC recycling facility utilizes its first-of-kind integrated set of recycling processes based on a strategic de-manufacturing approach that utilizes a deconstruction process combined with a targeted selective hydrometallurgical process. This system is agnostic to feedstock form factors and can process lithium-ion batteries and manufacturing scrap of a variety of sizes and shapes, and with a wide range of internal chemistries. The first phase of the recycling process produces recycled products that include copper, aluminum, steel, a lithium intermediate, and a black mass intermediate material, and the integrated second phase further refines these materials into battery grade nickel sulfate, cobalt sulfate, manganese sulfate, and lithium hydroxide. The second phase of this integrated recycling system is currently being implemented.

The company previously considered marketing its black mass intermediate material throughout the world, but the company’s strategic priority is to sell its recycled products domestically to ensure these products facilitate the establishment of a North American closed-loop circular battery metals supply chain.

“We are proud to have manufactured bulk quantities of high nickel and cobalt content recycled black mass material at our commercial-scale, lithium-ion battery recycling facility,” stated ABTC CEO Ryan Melsert. “In accordance with our corporate principles, we strongly prefer to sell our recycled materials into the North American battery supply chain in order to facilitate the establishment of closed-loop domestic operations, as opposed to exporting these critical minerals abroad. We also are proud to have established strong relationships with domestic customers, that allow us to sell these recycled products directly as opposed to indirectly through brokers.”

Bringing first-of-kind technologies to market, ABTC’s battery recycling and primary battery metals commercialization efforts support the buildout of a domestically-sourced battery metals circular supply chain.

About American Battery Technology Company 
American Battery Technology Company (ABTC), headquartered in Reno, Nevada, has pioneered first-of-kind technologies to unlock domestically manufactured and recycled battery metals critically needed to help meet the significant demand from the electric vehicle, stationary storage, and consumer electronics industries. Committed to a circular supply chain for battery metals, ABTC works to continually innovate and master new battery metals technologies that power a global transition to electrification and the future of sustainable energy.

Forward-Looking Statements  
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are “forward-looking statements.” Although the American Battery Technology Company’s (the “Company”) management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company’s future results to differ materially from those anticipated. Potential risks and uncertainties include, among others, risks and uncertainties related to the Company’s ability to continue as a going concern; general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company’s filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the year ended June 30, 2023. The Company assumes no obligation to update any of the information contained or referenced in this press release.

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SOURCE American Battery Technology Company

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Businesses across India are engaging independent talent at rates ranging from INR 10,000 to 30,000 per day to scale faster: Outsized’s 2025 Talent-on-Demand Report reveals critical hiring trends and most in-demand skills

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24 minutes ago

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March 17, 2025

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MUMBAI, India, March 17, 2025 /PRNewswire/ — Companies across India are increasingly building teams and capabilities by integrating independent professionals across functions and levels. Skills in high demand include strategy, digital transformation, change management, core technology, sales and marketing.

According to Outsized’s 2025 Talent-on-Demand Report, organisations are integrating independent talent for various reasons; from execution roles to strategic project delivery, with professionals across India earning between INR 10,000 to 30,000 per day, depending on the type of skill and experience level.

India’s evolving talent ecosystem, strengthened by its demographic advantage and growing global integration, continues to meet both domestic and international skill demands, leading to a 44% increase in freelancer registrations. Companies are moving beyond traditional workforce models, blending on-demand specialists with permanent teams to accelerate growth, drive transformation, and scale execution.

Key findings at a glance:

Most in-demand skills: Strategy consulting, business transformation, digital marketing, project management and sales.Sectors driving the shift: Consulting, Financial Services and Tech, leveraging independent professionals to scale capabilities across strategy, execution, and operations.Freelancer growth: Registrations up 44%, showing strong demand for flexible expertise across experience levels.Day rates: Experienced professionals (11–15 years) average INR 19,000/day; top skills exceed INR 26,000.

Additionally, in the field of data and analytics, experts are executing complex data strategies, commanding daily rates between INR 6,800 to 25,000. Similarly, marketing and product management specialists, including digital marketers, UX professionals, and product managers, are securing competitive rates ranging from INR 9,500 to 27,000 per day.

A transforming workforce: Agile talent takes centre stage

Outsized, a leading talent-on-demand platform with over 45,000 independent consultants and professional freelancers globally, has released its fourth annual Talent-on-Demand Report, offering real-time insights into how businesses are leveraging independent professionals. Based on tens of thousands of proprietary data points from actual projects posted by enterprises, consulting firms, and private equity clients, the report provides a comprehensive breakdown of talent costs, hiring trends, and in-demand skills across APAC, MENA, and Africa.

For the first time, the 2025 edition also includes insights from Australia and New Zealand (ANZ), expanding its global workforce intelligence.

“India’s independent talent market is maturing rapidly, fuelled by global integration and a growing appetite for specialised expertise. Traditional firms are moving beyond transactional contracting to a more structured and strategic use of independent professionals, embedding them into core business initiatives. This shift isn’t just about flexibility—it’s about accessing the right skills at the right time to drive competitive advantage in a rapidly evolving market. ” — Azeem Zainulbhai, Managing Director for India & MENA at Outsized

Why this matters for business and HR leaders

The 2025 Talent-on-Demand Report serves as a blueprint for workforce transformation, enabling leaders to:

Benchmark talent costs and optimise external hiring budgets.Identify emerging workforce trends across APAC, MENA, and Africa.Gain exclusive day rate intelligence across a broad range of industries and skill sets.Understand how top firms leverage independent talent to accelerate digital transformation and maintain a competitive edge.

Access the full report here

Staying ahead of workforce trends demands real-time intelligence and actionable market insights. Outsized’s 2025 Talent-on-Demand Report serves as a strategic playbook, providing business leaders with essential benchmarking against industry peers. Armed with these insights, leaders can quickly identify emerging talent shifts, optimise hiring budgets, and build agile workforce strategies. Access the full report to stay ahead of the curve: https://resources.outsized.com/talent-on-demand-report-2025.

Access the report now 

Methodology

The 2025 Talent-on-Demand Report is based on original research and tens of thousands of proprietary data points from real projects on Outsized’s platform.

About Outsized

Outsized is a talent-on-demand platform with over 45,000 top independent professionals, enabling large enterprise clients, consulting firms, and private equity funds in Asia-Pacific, Africa, and the Middle East to implement flexible workforce models at scale. For more information, please visit www.outsized.com.

Photo: https://mma.prnewswire.com/media/2641147/India_report_2025_Outsized.jpg

 

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Lemonday: Your Go-To App for Unmatched IPL Coverage

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24 minutes ago

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March 17, 2025

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New app delivers in-depth coverage of IPL 2025, providing reliable news, real-time updates, and exclusive insights.

Users can customize their news feed by selecting IPL 2025 topics.An AI model delivers key news topics and links to the original sources.Lemonday is an app that summarizes news from the most credible sources.

PORTO, Portugal, March 17, 2025 /PRNewswire/ — Lemonday, a groundbreaking mobile application, has officially launched with a mission to guide people to reliable news on topics they care about. Leveraging Artificial Intelligence (AI), the app delivers quick, accurate news summaries on selected themes.

With the Indian Premier League (IPL) 2025 fast approaching, Lemonday provides a new way to stay updated on the competition. The app offers quick, objective, and trustworthy IPL 2025 news, ensuring direct access to reliable journalistic sources.

Available for download on the App Store and Google Play, Lemonday is the perfect solution for anyone seeking quick, objective information on IPL or any other area of interest from dependable sources. In doing so, Lemonday also tackles the spread of fake news, offering a safer, more efficient news consumption experience.

“We aim to make IPL news consumption an enjoyable experience, guiding users away from social media, where fact-checking is often lacking. With Lemonday, users can stay informed quickly and reliably, without having to rely on social media for news,” said Tiago Guedes, the app’s lead developer.

Using advanced AI technology, Lemonday summarizes each news story into three key points, allowing users to stay informed quickly. For those who wish to explore more, they can access the full article via direct links to the original source.

Additionally, Lemonday offers high customization, allowing users to select their preferred online newspapers and topics of interest, from technology and sports to politics, culture, and entertainment.

Lemonday is now available for download on the App Store and Google Play, promising to revolutionize how people consume news by offering access to verified, high-quality information.

 

About Lemonday

Lemonday is revolutionizing the way people consume news by ensuring access to verified, high-quality information. Using advanced AI, the app condenses news stories into three key points and provides links to the original source.

For more information, visit lemonday.app.

Photo – https://mma.prnewswire.com/media/2641339/Lemonday.jpg

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VINSSEN Acquires AIP Certification for Korea’s First Hydrogen Propulsion Tugboat

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25 minutes ago

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March 17, 2025

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SEOUL, South Korea, March 17, 2025 /PRNewswire/ — VINSSEN, maritime decarbonization technology specialist focused on hydrogen fuel cells and supporting systems, has received the Approval in Principle (AIP) certification from the Korean Register for Korea’s first tugboat featuring a hydrogen fuel cell propulsion system. This certification marks a significant milestone in the development of eco-friendly technologies, initiated through an MOU with KRE, leader in ship design, retrofit engineering, and maritime infrastructure engineering. The joint-research project between the three organizations represents a major leap in applying decarbonization technology to high-carbon-emitting vessels, such as tugboats, advancing the maritime industry’s shift toward sustainability.

VINSSEN leads the engineering of the eco-friendly hydrogen fuel cell propulsion systems, while KRE handles the tugboat’s base performance and layout engineering. This 2,700 kW hydrogen fuel cell-powered electric tugboat uses hydrogen fuel and stores excess electricity generated by the fuel cells in batteries for low-load operations, allowing for future energy demand preparedness. During high-output scenarios, the stored energy from the batteries supplements the fuel cell’s power to ensure stable and efficient propulsion, enabling peak-load operations.

VINSSEN provides a practical and scalable eco-friendly propulsion system for port operations, optimizing hydrogen energy use based on the tugboat’s operational profile. The system is designed to meet current and future environmental regulations while delivering exceptional performance in harsh and specialized marine environments.

VINSSEN’s eco-friendly propulsion system goes beyond fuel cell technology, offering a comprehensive green solution that integrates battery energy storage systems. With this innovation, VINSSEN will play a pivotal role in the decarbonization of the maritime industry and advance a sustainable future for global maritime operations.

Meanwhile, VINSSEN plans to participate in Sea Asia 2025, scheduled for the last week of March at Marina Bay Sands, Singapore, to promote its eco-friendly vessels and propulsion systems.

[VINSSEN Introduction]

VINSSEN Co., Ltd.  is engaged in the development and manufacturing of eco-friendly propulsion systems for vessels using electric propulsion and hydrogen fuel cells. The company holds over 50 patents related to electric propulsion systems for ships, hydrogen fuel cells for ships, and electric propulsion leisure boats. Its goal is to convert vessels powered by diesel engines into eco-friendly vessels powered by electric and hydrogen technologies.

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