American Battery Technology Company Common Stock

American Battery Technology Company Receives Approval for Sale of $100 Million of Exported Recycled Black Mass Critical Minerals with License from U.S. Department of Commerce

American Battery Technology Company received approval from the U.S. Commerce Department's Bureau of Industry and Security to export and sell up to $100 million of its recycled black mass critical minerals under a Defense Priorities and Allocation System license. The license comes after newly enacted federal export controls on critical battery materials and preserves the company's ability to keep selling exported black mass alongside domestic sales channels. CEO Ryan Melsert framed the approval as continued U.S. government support as ABAT scales its Reno recycling facility and a second facility backed by $150 million in Department of Energy grants.

•1mo ago

American Battery Technology Company Reports FY 26 Financial Results, Delivering 407% Revenue Growth and Positive Adjusted Gross Profit

American Battery Technology Company posted record fiscal 2026 (ended June 30, 2026) revenue of $21.7 million, up 407% from $4.3 million a year earlier, driven by higher throughput at its first 20,000-tonne-per-year commercial-scale lithium-ion battery recycling facility. The company delivered its first-ever positive adjusted gross profit of $1.7 million (non-GAAP), versus a $6.2 million adjusted gross loss in fiscal 2025, and the GAAP gross loss narrowed to $3.1 million from $10.6 million. Net loss nevertheless widened to $73.4 million as general and administrative expenses more than doubled to $51.6 million. The balance sheet strengthened materially: cash rose to $49.5 million from $7.5 million, total assets reached $132.8 million, and the company ended the year with no outstanding debt — though shares outstanding grew roughly 45% to 141.5 million over the year. Operationally, ABAT published a pre-feasibility study for its Tonopah Flats Lithium Project (21.3 million tonnes of lithium hydroxide monohydrate, including 2.7 million tonnes proven and probable), secured FAST-41 priority permitting designation, and is supported by $150 million and $10 million DOE grants plus a reinstated $57.7 million DOE cooperative agreement, along with an estimated $30 million battery cleanup project opportunity.

•1mo ago

American Battery Technology Company Achieves Major Milestone with U.S. BLM Acceptance of Plan of Operations for Tonopah Flats Lithium Project

American Battery Technology Company (NASDAQ: ABAT) cleared a pivotal permitting hurdle as the U.S. Bureau of Land Management deemed accepted its mine and refinery Plan of Operations for the Tonopah Flats Lithium Project in Nevada, capping more than four years of resource development, environmental baseline studies, and technology demonstration. The project spans roughly 10,700 acres of public land in Esmeralda and Nye counties and holds an estimated 21.3 million metric tonnes of accessible lithium hydroxide monohydrate under SEC S-K 1300 standards, including 2.7 million tonnes classified as proven or probable reserves. Full build-out targets up to 30,000 tonnes per year of lithium hydroxide monohydrate over an estimated 68-year mine life, backed by a $58 million Department of Energy grant for the initial 5,000-tonne-per-year train and a $900 million Export-Import Bank Letter of Interest supporting the expansion, with roughly 1,300 construction jobs and 300 operations jobs expected. As a FAST-41 Covered Project designated by the National Energy Dominance Council, the project is slated for streamlined federal permitting; the next step is a Notice of Intent in the Federal Register to prepare an Environmental Impact Statement, so construction remains contingent on completing that federal review.

•2mo ago

American Battery Technology Company Hosts DOE Leadership to Showcase Commercial Technologies Strengthening U.S. Critical Minerals Supply Chains

American Battery Technology Company hosted senior DOE and Nevada state leaders for a tour of its commercial-scale battery recycling facility and claystone-to-lithium hydroxide demonstration operations. The visit highlighted progress on DOE-supported initiatives, specifically a planned second recycling facility backed by a $150 million DOE award expected to process five times the volume of the current Reno operation. Executives also demonstrated a pilot plant producing battery-grade lithium hydroxide from Nevada claystone, supported by a $57 million DOE award for a planned commercial refinery co-located with the Tonopah Flats project.

•2mo ago

Washington Commits Another $2 Billion to Domestic Battery Supply

American Battery Technology Company secured the full reinstatement of a competitive DOE grant supporting the $115 million first phase of its commercial-scale lithium refinery at Tonopah Flats. The company reported record quarterly revenue and achieved its first positive gross margin in the third fiscal quarter of 2026, supported by a pre-feasibility study outlining 2.73 million tonnes of proven and probable lithium reserves. Despite these milestones, the company remains loss-making and faces ongoing risks related to lithium price volatility and the federal permitting process.

•2mo ago

American Battery Technology Company Wins Appeal and Has US Department of Energy Grant Reinstated for $115 million Project for Commercial Scale Critical Mineral Lithium Refinery

American Battery Technology Company won its appeal to the U.S. Department of Energy, resulting in the full reinstatement of a $115 million grant for its Tonopah Flats Lithium Project. The DOE concluded that the project achieved all contracted technical and commercial milestones, reversing a termination notice issued in October 2025. The project, designated a Priority Project by the White House, targets an initial capacity of 5,000 tonnes of battery-grade lithium hydroxide per year with a projected NPV of $2.57 billion.

•5mo ago

American Battery Technology Company Announces Record Breaking Revenue and First-Ever Positive Gross Margin in Third Quarter Fiscal 2026 Financial Results

American Battery Technology Company reported record revenue of $7.8 million for Q3 FY26, a 64% increase quarter-over-quarter, driven by streamlined operations at its Nevada recycling facility. The company achieved its first-ever positive gross margin of $0.7 million, with adjusted gross margin reaching $2.0 million, while maintaining a strong balance sheet with $38.5 million in cash and zero debt. At its Tonopah Flats Lithium Project, the company completed baseline studies for the NEPA review and released a Pre-Feasibility Study detailing an after-tax NPV of $2.57 billion and an IRR of 21.8%.

•5mo ago