American Battery Technology Co. (ABAT)

American Battery Technology Co. (ABAT) listed on the Nasdaq on September 21, 2023, after trading over the counter. ABAT's share price saw a significant increase of 194.60% from April 10, 2025, to April 9, 2026. ABAT reported its Q2 FY2026 earnings on February 6, 2026, with shares gaining 18.0% the day after the announcement, driven by record-breaking revenue and manufacturing expansion. Financial data revealed a loss for ABAT in January 2026, leading to volatile trading and concerns about profitability. Completion of NEPA baseline studies for its Tonopah Flats Lithium Project caused shares to surge 37%. The company's Q1 FY2026 results in November 2025 highlighted an increase in cash balance, full debt extinguishment, and significant year-over-year revenue growth from recycling operations. ABAT secured a landmark EPA contract for lithium-ion battery cleanup and was added to the Russell 2000 index. The appointment of an experienced automotive and battery finance executive as Chief Financial Officer in February 2026 was also a notable leadership change.

The demand for American Battery Technology Co.'s products and services is primarily driven by the rapidly expanding global market for lithium-ion batteries, which powers electric vehicles (EVs), stationary energy storage systems, and consumer electronics. EV sales can exhibit "normal spring seasonality," with increases in demand during this period. The broader demand for grid-scale energy storage can be influenced by seasonal variations in renewable energy supply and seasonal heating loads. Demand for batteries in consumer electronics is experiencing rapid year-over-year growth, with less pronounced seasonality. China's battery manufacturing sector experiences significant seasonal demand variations that necessitate sophisticated capacity planning. The fundamental demand for the critical battery metals and recycling services provided by ABAT is consistently high and projected for sustained growth due to the ongoing global energy transition.

American Battery Technology Co. (ABAT) is a U.S.-based integrated critical battery minerals company focused on developing and commercializing technologies for both primary battery minerals manufacturing and lithium-ion battery recycling, aiming to establish a closed-loop domestic supply chain for battery metals. ABAT operates within the renewable energy and lithium-ion battery industry sectors, employing a hydrometallurgical process to recycle batteries and a targeted extraction system to recover raw materials from primary resources. The company's major products include battery cathode-grade lithium hydroxide, as well as nickel, cobalt, manganese, copper, aluminum, and steel recovered from recycled batteries. ABAT is also developing processes for the manufacturing of battery cathode-grade lithium hydroxide from unconventional Nevada-based lithium-bearing sedimentary resources.

American Battery Technology Co. is headquartered in Reno, Nevada, and its operations are primarily concentrated within the United States. The company has several facilities across Nevada, including its headquarters, research and development labs at the University of Nevada Reno, a battery recycling facility in McCarran (Tahoe-Reno Industrial Center), and offices and primary resource development in Tonopah and Fernley. ABAT controls over 10,000 acres of lithium-bearing mining claims near Tonopah, Nevada, which have been identified as one of the largest known lithium deposits in the U.S.

American Battery Technology Co. has cultivated a positive brand reputation, particularly in the realm of sustainable battery materials and recycling innovation. In June 2025, the company was honored with the "Outstanding Contribution to Recycling & Reuse in Battery Materials" award at the Fastmarkets Lithium Supply and Battery Raw Materials Voltas Awards. ABAT's reputation is further bolstered by its alignment with U.S. government initiatives and policies, such as the Inflation Reduction Act. The company has received multiple Department of Energy grants and a significant Letter of Interest from the U.S. EXIM Bank for its Tonopah Flats lithium project.

American Battery Technology Co. (ABAT) has a mixed ownership structure comprising institutional, retail, and individual investors. As of April 9, 2026, there are 159 institutional owners and shareholders holding a total of 44,162,593 shares, accounting for approximately 22.27% to 33.69% of the company's stock. Insider ownership represents a significant portion, with approximately 18.34% to 31.74% of total outstanding shares. Public companies and individual investors hold a substantial portion, estimated at around 68.26% to 74.42%.