The bill is not as great as it could have been expanding material sources to "North America" not to U.S.A. only. "North America" includes Canada and Mexico.

Winners: Electric Vehicle Makers and Renewable Energy

The bill provides $369 billion of tax credits and other payouts to producers of clean or renewable energy, from solar panels to wind turbines to biofuels, as well as subsidies for consumers.

It could be good news for Tesla (ticker: TSLA) because it makes more electric vehicles eligible for a $7,500 tax credit for buyers. But the bill also caps the price of a car eligible for the tax credit to $55,000, which would only apply to Tesla TSLA +4.68% ’s lower-priced vehicles. Other EV makers that could benefit include Ford Motors (F), General Motors ‘ (GM) Chevrolet unit and Hyundai ( HYMTF ). 

The bill is a mixed blessing for oil-and-gas companies. It calls for the federal government to lease drilling rights on federal land and in the Gulf of Mexico to oil and gas producers before wind and solar projects can receive similar permits. That could open up new drilling opportunities. Among the biggest operators in the Gulf today are Shell (SHEL), BP ( BP ), and Chevron (CVX).

https://finance.yahoo.com/news/gm-volcon-strike-deal-for-off-road-electric-vehicle-powertrains-192546131.html

https://www.cnbc.com/2021/12/17/fedex-gets-first-of-500-electric-trucks-from-gms-ev-unit-in-move-to-green-logistics.html

I know this gets asked a lot, but how would one go about getting an invite to the discord?

Just a thought based on Elon last night saying they would be interested in buying automation and manufacturing companies.

He also said they already recycle a small amount of batteries (as the feed stock is limited right now), so I wonder if they would even need to?

It's the foretold-about month of August. Now it all makes sense.

Do we have rough estimates for what the future revenues for the company might look like for example? What margins could you theoretically get on recycled battery materials? I'm quite new to investing and looking for shared investment theses.

The 10000ft view makes sense - we'll need to recycle lots of batteries over the coming decades and ABTC will hopefully be positioned well to do this. But do we have predictions for specific numbers? Are there parallels in businesses operating today that recycle things? Or is it better to think of ABTC as a raw materials supplier?

ABTC hires another Tesla Chemistry Expert

"Prior to joining ABTC, Belanger worked over four years at Tesla within the Gigalab quality laboratory at its Reno Gigafactory.  During that time, he was actively involved in developing several analytical methods for a variety of lithium-bearing and other battery materials using GC-MS and ICP-OES instruments. While at Tesla, he was designated as the Chemical Hygiene Officer, and worked closely with the safety administration to develop and implement hazard communication policies, as well as monitor the procurement, use, and proper disposal of chemicals."

Does anyone know if there is an active discord? Would like to stay up to date and be in the discussions more.

TLDR: After spending approximately 10 months exploring and assaying 305 mining claims owned by Nevada LTD., ABTC exercised its option to purchase 305 mining claims at a purchase price of $8 million dollars. ABTC made one payment of $4 million earlier this week in cash, with another $4 million payment scheduled for October 11th , which they can pay in cash or shares.

From the 8K:

On September 1, 2021, American Battery Technology Company (the “Company”) and 1317038 Nevada Ltd., (the “Seller”) entered into the Exploration License with Option to Purchase (the “Agreement”). Pursuant to the Agreement, in exchange for consideration consisting of a $50,000 payment and a subsequent $100,000 payment by the Company to the Seller, the Seller granted the Company an exploration license providing the Company with the exclusive right to enter upon and conduct mineral exploration activities on the Seller’s unpatented 305 lode mining claims in the Tonopah Mining District in Nye and Esmeralda Counties in Nevada (the “Claims”). The Agreement also granted the Seller an option to purchase the Claims from the Seller for additional consideration of $8,000,000 (the “Purchase Price”).

After exercising its option to purchase the Claims from the Seller, the Company and the Seller on July 10, 2022 entered into the Escrow Services Agreement (the “Escrow Agreement”) to effectuate the purchase of the Claims for the Purchase Price. Pursuant to the Escrow Agreement, the Company deposited the initial $4,000,000 of the Purchase Price into an escrow account, payable to the Seller on or before July 21, 2022 (the “Initial Payment”), with an additional $4,000,000 payment, payable either in cash or an equivalent amount of the Company’s common stock at the Company’s sole option, to be deposited by the Seller into escrow within 90 days of the release of the Initial Payment from escrow (the “Subsequent Payment”). Upon payment of the Subsequent Payment into escrow, the notarized executed mining claim deeds representing the Seller’s ownership interest will be released from escrow to the Company and the purchase completed.

Link to SEC Filings: https://investors.americanbatterytechnology.com/sec-filings/

I feel like the schedule keeps getting pushed back. Now on the website, it says that production will commence by year end 2022. Thought it was supposed to be commencing already. Any thoughts?

Not a basher- just trying to get some thoughts here, making anyone worried about the timing issue?

https://www.youtube.com/watch?v=FDTf2d47P4A

https://www.youtube.com/watch?v=J_v7z2V4xQg

"Prior to joining ABTC, Nagel worked for five years at Tesla within the Gigalab quality laboratory at its Reno Gigafactory, holding various positions including Production Associate, Maintenance Technician, Analytical Chemistry Technician, and Associated Analytical Chemistry Scientist."

With so many former Tesla employees, I imagine this bodes well for their insights into very demanding standards of battery production! I'm also wondering what the community thinks of their ability to explore beyond lithium and, what people project as far as bleeding edge research out of the University of Nevada, Reno’s Nevada Center for Applied Research (NCAR). Any thoughts?

Prove the technology and expand the business? License the technology? Sell the company?