- Strategic Export License: American Battery Technology Company received U.S. Department of Commerce approval to sell and export up to $100.00 million of recycled battery black mass under specified terms.
- Facility Expansion & Funding: The company is scaling its current battery recycling operations and developing a second recycling facility supported by $150.00 million in U.S. Department of Energy competitive grant funding.
- Strong Revenue Growth: Fiscal 2026 revenue increased 407% to $21.7 million, reflecting higher recycling facility throughput, increased byproduct production, and improved pricing.
American Battery Technology Company (NASDAQ: ABAT) specializes in lithium-ion battery recycling, critical mineral recovery, and battery materials manufacturing. The company recovers valuable materials from end-of-life batteries and manufacturing scrap, supporting the development of a domestic battery supply chain.
American Battery Technology Company recently received approval from the U.S. Department of Commerce’s Bureau of Industry and Security for the sale of up to $100.00 million of recycled black mass material through an export license. Black mass contains critical minerals such as lithium, nickel, cobalt, manganese, and graphite, which can be refined and returned to the battery supply chain. The approval follows new federal export controls covering critical battery materials and strengthens the company’s ability to sell recycled material into global markets, according to the company’s announcement reported by Waste360.
CEO Ryan Melsert said the license supports sales of the company’s domestic critical mineral products as American Battery Technology Company scales its current recycling facility and develops a second recycling facility. The second facility is supported by a $150.00 million U.S. Department of Energy competitive grant, according to American Battery Technology Company.
The company also reported strong fiscal 2026 financial results. Revenue rose 407% to $21.7 million, compared with $4.3 million in fiscal 2025. American Battery Technology Company said the growth was driven by increased recycling facility throughput, higher production of byproducts, and improved product pricing. Adjusted gross profit also turned positive, reaching $1.7 million, according to the company’s fiscal 2026 results.
Analyst coverage remains mixed but constructive overall. MarketBeat shows a Moderate Buy consensus rating for American Battery Technology Company, with an average price target of $6.00. Recent market data showed ABAT trading near $2.20, with a 52-week range of $2.00 to $11.49, highlighting the stock’s volatility and investor interest in sustainable battery solutions.
