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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.

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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
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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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none
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Rhea-AI Summary
American Battery Technology Company (ABTC) has announced an upgraded Measured Resource and Indicated Resource classifications for its Tonopah Flats Lithium Project (TFLP), increasing the resource's classification and attractiveness for commercialization. The resource's size has increased by 17%, with 54% now classified as Measured or Indicated Resource. The TFLP remains one of the largest known lithium projects in the U.S. with a total quantified resource of 21.15 million tons of lithium hydroxide monohydrate (LHM). The updated Initial Assessment provides a Net Present Value of $4.41 billion, Internal Rate of Return of 65.8%, and a 2.4-year payback period of initial investment. The company is excited to continue the rapid development and commercialization of these first-of-kind technologies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.41%
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none
Rhea-AI Summary
American Battery Technology Company (ABTC) (NASDAQ: ABAT) announces positive Initial Assessment for its Tonopah Flats Lithium Project, with an updated mineral resource estimate of 18.03 million tons lithium hydroxide monohydrate, after-tax cash flows of NPV $4.41 billion @10% discount, IRR of 65.8%, and a mine life of over 400 years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.84%
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none
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Rhea-AI Summary
American Battery Technology Company (ABTC) (NASDAQ: ABAT) welcomes Anthony Young as its director of investor relations. Young brings twenty years of financial markets experience, focusing on metals and mining. ABTC's team will share insights at upcoming industry conferences, including Wolfe Research's Inaugural Reshoring Conference, Janney Montgomery's Inaugural Clean Energy Investment Symposium, and StoneX Natural Resources Day 2.0. The company will also attend the American Exploration and Mining Association Annual Meeting.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.85%
Tags
conferences
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Rhea-AI Summary
American Battery Technology Company (ABTC) (NASDAQ: ABAT) has adjourned its 2023 Annual Meeting of Shareholders to December 12, 2023, due to the lack of a quorum. The adjourned meeting will be held as a virtual meeting to vote on the proposals described in the Definitive Proxy Statement filed by the company with the Securities and Exchange Commission (SEC) on October 3, 2023. Shareholders are urged to read the Proxy Statement and other proxy materials available on the SEC's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.81%
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none
Rhea-AI Summary
American Battery Technology Company (ABTC) (NASDAQ: ABAT) commences lithium-ion battery recycling operations, completes third drill program for lithium project, secures additional U.S. Department of Energy grants, and lists on Nasdaq Exchange. The company has begun operations at its commercial-scale lithium-ion battery recycling facility and successfully manufactured recycled products for revenue generation. Additionally, ABTC has completed its third exploration drill program at its Tonopah Flats Lithium Project and contracted additional U.S. Department of Energy grants, totaling approximately $70 million. The company has also listed and began trading on the Nasdaq Exchange under the stock symbol ABAT.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.89%
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Rhea-AI Summary
ABTC: American Battery Technology Company Welcomes Tony DiCenso as Director of Corporate Development and Strategy, Commences High-Throughput Operations at First Commercial Scale Lithium-Ion Battery Recycling Facility
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.44%
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management
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Rhea-AI Summary
American Battery Technology Company announces positive drill results from its third exploration drill program at its Tonopah Flats Lithium Project in Nevada. The majority of samples analyzed demonstrated lithium concentrations above the reference cutoff concentration of 300 ppmw. The drilling program confirmed the presence of mineralization between step-out holes with infill drilling. The company plans to publish an updated Resource Report with updated quantities of the resource at inferred, measured, and indicated classifications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.72%
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none
Rhea-AI Summary
American Battery Technology Company (ABTC) has achieved steps to de-risk implementation of its battery recycling technologies at its commercial-scale facility in Nevada. The facility has the capacity to process over 20,000 metric tonnes per year of battery feedstock materials. Strategic partnerships have been announced for sourcing feed material and offtake of recycled products. The initial phase of the facility is already operational and produces recycled products such as copper, aluminum, steel, lithium intermediate, and black mass intermediate material.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.7%
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none
American Battery Technology Company

Nasdaq:ABAT

ABAT Rankings

ABAT Stock Data

83.14M
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.