American Battery Technology Company To Serve As Lithium-Ion Battery Recycler For National Mail-In eWaste Program
Portfolio Pulse from Benzinga Newsdesk
American Battery Technology Company (ABTC) has partnered with Pyxera Global and Terra's Done with It program, sponsored by FedEx, to recycle lithium-ion batteries from used electronics. The pilot program aims to develop circular business models for the logistics industry. ABTC will recover the materials necessary for a domestic battery metals supply chain, powering electric vehicles.
October 12, 2023 | 1:24 pm
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ABTC's partnership with Pyxera Global and Terra's Done with It program could enhance its reputation as a sustainable company and potentially increase its revenues from the recycling of lithium-ion batteries.
The partnership allows ABTC to recycle lithium-ion batteries from e-waste, which could increase its revenues. Additionally, the company's involvement in a sustainable initiative could enhance its reputation, potentially attracting more investors.
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