ABAT | Market Cap: $280.9M (10/12/26)
Industry:
Metals & Mining

DESCRIPTION

American Battery Technology Company is a critical minerals company focused on producing materials for lithium-ion batteries. The company operates two businesses: battery recycling and primary lithium extraction. Through its recycling operations, American Battery Technology Company collects scrap and end-of-life batteries from automotive manufacturers, energy storage facilities, and consumer electronics. It processes this feedstock at its Nevada facility to recover lithium, nickel, cobalt, and manganese, which it sells to domestic battery material manufacturers and chemical refiners. The company is also developing a second recycling plant in the Southeast U.S. In its primary lithium business, the company is developing a mine and refinery in Nevada to extract lithium from sedimentary claystone and produce battery-grade lithium hydroxide for cathode manufacturers. American Battery Technology Company generates revenue by selling recovered minerals, byproducts, and refined lithium under offtake agreements and on open commodity markets. Revenue scales with the volume of feedstock processed, metal recovery rates, and prevailing commodity prices. The company's growth strategy centers on expanding recycling capacity and completing the development, permitting, and financing for its commercial lithium refinery.

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