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American Battery Technology Company - $ABAT STOCK NEWS

Welcome to our dedicated page for American Battery Technology Company news (Ticker: $ABAT), a resource for investors and traders seeking the latest updates and insights on American Battery Technology Company stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect American Battery Technology Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of American Battery Technology Company's position in the market.

Rhea-AI Summary

American Battery Technology Company (ABTC) has hired Scott Smith, a former Tesla executive, as its vice president of financial planning and analysis. Smith brings over a decade of finance expertise and experience in the electric vehicle and consumer goods sectors. His role is integral to ABTC's strategic growth and commercialization efforts in battery recycling and lithium manufacturing.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.89%
Tags
management
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Rhea-AI Summary
American Battery Technology Company has published an updated Initial Assessment for its Tonopah Flats Lithium Project, featuring a commercialization plan focusing on Measured and Indicated Mineral Resources. The project metrics show a reduction in claystone processed, an increase in average grade, a decrease in production costs, and an increase in net present value. The company's CEO led a virtual walkthrough of the lithium deposits, highlighting key project updates and next steps.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.03%
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none
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Rhea-AI Summary
American Battery Technology Company (ABTC) has announced the commissioning of a first-of-its-kind lithium hydroxide pilot plant in Nevada, showcasing its internally-developed production process. The plant aims to access a domestic primary lithium resource and produce battery-grade lithium hydroxide for strategic customers, marking a significant milestone in the company's commercialization efforts.
Rhea-AI Impact
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Rhea-AI Summary
American Battery Technology Company (ABTC) receives an additional $40.5 million award through the 48C program to accelerate the construction of a new lithium-ion battery recycling facility in the US, aiming to expand the North American closed-loop battery metals supply chain.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.71%
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none
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Rhea-AI Summary
American Battery Technology Company (ABTC) has been awarded approximately $20 million through the Qualifying Advanced Energy Project Credits program to accelerate the deployment of critical battery minerals manufacturing. This award will support the expansion of ABTC's battery recycling facility and primary battery metals commercialization efforts, contributing to the development of a domestically-sourced battery metals circular supply chain.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.71%
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none
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Rhea-AI Summary
American Battery Technology Company (ABTC) appoints Susan Yun Lee as a new board member, with extensive financial industry experience. Julie Blunden steps down, emphasizing a strategic shift towards financial market expertise for long-term growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
Rhea-AI Summary
American Battery Technology Company (ABAT) announces inclusion in MSCI Global Micro-Cap Index and participation in upcoming investor conferences. ABAT shares to be reweighted on February 29, 2024. CFO Jesse Deutsch highlights benefits of NASDAQ uplisting. CEO Ryan Melsert and Chief Mineral Resource Officer Scott Jolcover to share industry insights at various conferences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.85%
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Rhea-AI Summary
American Battery Technology Company (ABTC) announces Q2 FY2024 financial results, highlighting progress in lithium-ion battery recycling facility operations and securing U.S. Department of Energy grants totaling over $135 million. The company continues to ramp up operations, secure feedstock agreements, and advance commercialization of battery recycling and lithium hydroxide refining technologies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.19%
Tags
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Rhea-AI Summary
American Battery Technology Company (ABTC) will host a presentation to introduce new members of the investment community to the company's low-cost and low-environmental impact battery technologies. The event will feature CEO Ryan Melsert, CFO Jesse Deutsch, and director of Investor Relations Anthony Young, who will provide an overview and answer analyst questions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.11%
Tags
conferences
Rhea-AI Summary
American Battery Technology Company (ABTC) will participate in the Bloomberg New Energy Finance (BNEF) Summit in San Francisco to discuss perspectives on domestic scaling of battery recycling capacity and supply chain challenges. The event aims to generate ideas, deliver insight, and make connections for a cleaner, more competitive future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.76%
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American Battery Technology Company

Nasdaq:ABAT

ABAT Rankings

ABAT Stock Data

75.43M
50.24M
4.04%
9.36%
8.83%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
RENO

About ABAT

american battery metals corporation engages in the exploration, mining, extraction, and recycling of battery metals. it owns 647 placer mining claims on approximately 12,940 acres in the western nevada basin, situated in railroad valley in nye county, nevada; and a 120-acre parcel of private property with water rights, in the town of currant, nv near railroad valley. the company was formerly known as oroplata resources, inc. and changed its name to american battery metals corporation in may 2019. american battery metals corporation was founded in 2011 and is based in incline village, nevada.