ABAT Stock News & Sentiment

Company demonstrates significantly increased throughput at its first lithium-ion battery recycling facility, and continues development of two additional critical mineral facilities Company demonstrates significantly increased throughput at its first lithium-ion battery recycling facility, and continues development of two additional critical mineral facilities

In a tit-for-tat retaliation for President Biden's export controls on 24 types of chip manufacturing equipment, high bandwidth memory, and chip software tools, China banned certain rare earth mineral exports to the United States on Dec. 3, 2024. The ban includes critical rare earth elements such as germanium, gallium, antimony, and superhard materials, with a stricter review of graphite in the interest of national security.

Reno, Nev., Dec. 20, 2024 (GLOBE NEWSWIRE) --  American Battery Technology Company (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, today announced it has entered into a securities purchase agreements with two follow-on institutional investors for the purchase and sale of 5,000,000 shares of its common stock and warrants to purchase up to an aggregate of 5,000,000 shares of common stock in a registered direct offering at a combined offering price of $1.00 per share and accompanying warrant. The warrants have an exercise price of $1.10 per share, will be exercisable immediately from the date of issuance and will expire five years from the initial exercise date.

Announces agreement to enter into additional zero coupon convertible note to unlock capital to advance core business projects Announces agreement to enter into additional zero coupon convertible note to unlock capital to advance core business projects

Achieves major milestone by generating first revenue from recycled lithium-ion battery products sold  to domestic battery manufacturing supply chain  RENO, Nev. , Sept. 24, 2024 /PRNewswire/ -- American Battery Technology Company  (ABTC) (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, announced its fiscal year (FY) 2024 financial results for the 12 months ended June 30, 2024.

RENO, Nev., Aug. 26, 2024 /PRNewswire/ -- American Battery Technology Company (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, appoints Steven Wu as its new chief operating officer (COO). Wu brings an extensive background from his previous companies in successfully scaling first-of-kind technologies into high-volume, bespoke manufacturing operations, an extremely applicable skillset as American Battery Technology Company (ABTC) continues to progress commercialization and ramp up efforts to onshore and build out a resilient battery metals supply chain for its North American strategic customers.

American Battery Technology Company (ABTC) achieves major commercial milestone for its internally-developed, first-of-kind, commercial-scale battery recycling facility by entering into a binding purchase agreement for accumulated volume of its recycled black mass material to a domestic strategic customer Ensuring recycled black mass feeds the North American circular battery metals supply chain, as opposed to being sold to the Asian refining market, ABTC strategically shifts to direct sale of its products, as opposed to working indirectly through marketing agents Black mass material recycled from lithium-ion batteries contains metals such as lithium, nickel, and cobalt that can be used in the manufacturing of new lithium-ion batteries needed to power consumer electronics, stationary grid storage systems, and electric vehicles RENO, Nev. , July 10, 2024 /PRNewswire/ -- American Battery Technology Company (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, achieved a major commercial milestone by entering into a direct binding agreement for the purchase of its accumulated recycled black mass material by a domestic strategic customer from its first-of-kind lithium-ion battery recycling facility.

RENO, Nev., June 21, 2024 /PRNewswire/ -- American Battery Technology Company (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, hosted U.S. Department of Energy Secretary Jennifer Granholm and members of her staff at its commercial lithium-ion battery recycling facility earlier this week.  The tour follows American Battery Technology Company's (ABTC) recent announcement of its first successful manufacturing of lithium hydroxide from its first-of-kind, Nevada-based claystone integrated demonstration plant that was constructed with support from a grant from the U.S. Department of Energy (DOE).

RENO, Nev.--(BUSINESS WIRE)--American Battery Technology Company, (ABTC) (NASDAQ:ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling to share expertise and industry perspectives to support the responsible, sustainable growth of a North American battery metals supply chain at several upcoming industry and financial conferences as noted below. TD Cowen.