American Battery Technology Co Stock Price, News & Analysis

American Battery Technology Company (NASDAQ: ABAT) is an integrated critical battery materials company headquartered in Reno, Nevada. According to its public disclosures and recent press releases, the company is commercializing internally developed technologies for both primary battery critical minerals manufacturing and secondary lithium-ion battery recycling. Its activities focus on domestically manufactured and recycled battery metals that are used in electric vehicles, stationary energy storage systems, data centers and artificial intelligence infrastructure, and consumer electronics.

American Battery Technology Company (often abbreviated as ABTC) describes itself as committed to a circular supply chain for battery metals. The company reports that it develops and operates lithium-ion battery recycling facilities that process materials from end-of-life electric vehicles, stationary battery energy storage systems (BESS), and consumer electronics. It has stated that it generates revenue from the sale of recycled critical mineral products recovered from these batteries.

Battery recycling operations

ABTC reports that it operates a battery recycling facility in Nevada that has undergone audits and review by the U.S. Environmental Protection Agency (EPA). The company states that this facility has received formal EPA approval to receive waste material under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA). As a result, ABTC describes itself as one of the only battery recyclers in the Western United States that is approved to receive batteries that have been damaged and classified as CERCLA waste, including materials from large-scale BESS thermal events and fires.

Through its recycling operations, ABTC states that it can recover critical materials from lithium-ion batteries, including lithium, cobalt, nickel, aluminum, steel, copper, and manganese. The company indicates that these recovered materials are sold back into the battery supply chain, with the goal of keeping valuable metals out of landfills and supporting a closed-loop domestic critical mineral manufacturing system.

ABTC’s disclosures highlight that its recycling facility receives feedstock from several sources: end-of-life electric vehicles, stationary BESS installations, and consumer electronics. The company has also described a strategic shift from primarily business-to-business operations to include a direct-to-consumer recycling channel through a partnership with Call2Recycle, a large consumer battery stewardship and collection program in the United States. Under this partnership, subsets of batteries collected by Call2Recycle are transported to ABTC’s facilities for processing.

Primary lithium manufacturing and Tonopah Flats Lithium Project

In addition to recycling, American Battery Technology Company is advancing primary lithium manufacturing projects. The company reports that it has developed its own technologies for manufacturing battery-grade lithium hydroxide from Nevada-based lithium-bearing claystone material. It has constructed and operated a multi-tonne per day integrated pilot facility to demonstrate these “claystone-to-lithium hydroxide” technologies.

A central asset in this part of the business is the Tonopah Flats Lithium Project (TFLP), a lithium-bearing claystone deposit near Tonopah, Nevada. ABTC states that it owns 100% of the claims comprising this project and has conducted multiple rounds of exploration. The company has filed an S-K 1300 Technical Report and a Pre-Feasibility Study (PFS) for TFLP, which discloses mineral resources and mineral reserves and provides an economic assessment. According to the company’s press releases and related SEC filings, the PFS indicates that TFLP is one of the larger known lithium claystone resource deposits in the United States and outlines a plan for a commercial-scale mine and refinery designed to produce battery-grade lithium hydroxide monohydrate.

ABTC reports that its internally developed processing technologies for claystone differ from conventional strong-acid leaching approaches. The company states that its methods are designed to liberate lithium from claystone without using large amounts of acid and without dissolving the full claystone structure, with the stated goals of lowering operating costs, reducing chemical consumption, and reducing facility footprints while achieving high recovery efficiencies. It also notes that its process is designed to directly manufacture lithium hydroxide monohydrate (LHM), which it describes as a form of lithium commonly required for high energy density nickel-oxide based cathode materials.

Regulatory and permitting status

American Battery Technology Company has disclosed several regulatory and permitting milestones for its projects. For its Nevada recycling facility, the company highlights EPA approval under CERCLA to receive and process damaged lithium-ion batteries from large-scale cleanup operations. For the Tonopah Flats Lithium Project, ABTC reports that the site is on land managed by the U.S. Bureau of Land Management (BLM) and is subject to the National Environmental Policy Act (NEPA) review process.

The company states that it has completed and submitted all required NEPA baseline studies for TFLP, covering biological, ecological, hydrological, geological, cultural, socio-economic, and other areas, and that it has submitted a Mine Plan of Operations to the BLM. ABTC also reports that TFLP has been selected by the U.S. Federal Permitting Council and the National Energy Dominance Council as a Transparency Priority Project and later upgraded to a FAST-41 Covered Project, designations intended to support coordinated and streamlined federal permitting for critical mineral projects.

Government partnerships and grants

ABTC’s public communications describe several interactions with U.S. government agencies and national laboratories. The company has reported competitive grant awards and collaborative agreements with the U.S. Department of Energy (DOE) and DOE-affiliated national laboratories. These include:

• A multi-million dollar DOE grant to construct and operate an integrated claystone-to-lithium hydroxide pilot facility.
• A competitively awarded agreement with Argonne National Laboratory’s ReCell Center to support commercialization of an electrochemical lithium hydroxide manufacturing technology that aims to reduce the consumption and generation of chemical agents.
• Participation in other projects with Idaho National Laboratory and the National Renewable Energy Laboratory, as described in company press releases.

The company has also disclosed a Letter of Interest from the Export-Import Bank of the United States (EXIM) for potential low-interest financing to support construction of the commercial-scale Tonopah Flats lithium mine and refinery. In a separate DOE Manufacturing Energy Supply Chain grant, ABTC has reported that the DOE terminated an assistance agreement and that the company is pursuing appeal and dispute resolution processes, while stating its intention to move forward with the related project using other funding sources.

Strategic partnerships and market positioning

American Battery Technology Company describes itself as focused on supporting domestic U.S. supply chains for critical battery minerals. Its public statements emphasize the goal of reducing reliance on foreign sources of lithium and other battery metals by combining recycling and primary production within the United States. The company has highlighted strategic partnerships, such as its collaboration with Call2Recycle for consumer battery collection and its agreement with Veolia ES Technical Solutions for recycling lithium-ion batteries from a large grid-scale BESS cleanup project in Monterey County, California.

ABTC has also reported that its CEO was invited to present at the International Energy Agency (IEA) Energy Innovation Forum, in a session focused on securing critical battery mineral supplies. The company presents this participation as part of its role in discussions about energy security, sustainability, and battery mineral resilience.

Stock listing and corporate structure

According to SEC filings, American Battery Technology Company is incorporated in Nevada and its common stock trades on Nasdaq under the ticker symbol ABAT. The company files periodic and current reports with the U.S. Securities and Exchange Commission, including Forms 10-K, 10-Q, 8-K, and proxy statements, which provide additional detail on its operations, projects, risk factors, and corporate governance.

FAQs about American Battery Technology Company

The following questions and answers summarize key points drawn from the company’s public disclosures.