American Battery Technology Company Common Stock
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- American Battery Technology Company (NASDAQ: ABAT), founded in 2011 and headquartered in Reno, Nevada, operates as an integrated battery materials company focused on the sustainable domestic sourcing of critical battery metals including lithium, nickel, cobalt, and manganese for electric vehicles, grid storage, and consumer electronics. The company commercializes proprietary technologies across three core divisions: lithium-ion battery recycling that processes end-of-life batteries and manufacturing scrap into battery-grade cathode materials such as lithium hydroxide, nickel sulfate, cobalt sulfate, and manganese sulfate; primary battery metal extraction technologies including a novel selective leach process for sedimentary claystone resources; and primary lithium resource development at its Tonopah Flats project, which spans over 10,000 acres in Nevada and holds one of the largest known U.S. lithium deposits with 2.73 million tonnes of proven and probable reserves of lithium hydroxide monohydrate as established in its October 2025 pre-feasibility study. Its operations include a commercial-scale recycling facility at Tahoe-Reno Industrial Center with 20,000 metric tons per year capacity, planned expansion to 100,000 metric tons at a second facility supported by a $150 million U.S. Department of Energy grant, research labs at the University of Nevada Reno, and additional sites in Fernley and Tonopah, Nevada. Recent developments encompass a landmark partnership with Call2Recycle launched in September 2025 to expand consumer lithium-ion battery recycling; selection for a $30 million battery cleanup project announced in November 2025; a collaborative agreement with Argonne National Laboratory's ReCell Center in July 2025 to advance lithium manufacturing; completion of all required NEPA baseline studies for Tonopah Flats in October 2025; appointment of energy sector financial executive Lavanya Balakrishnan to its board in September 2025; and progression toward construction of a commercial-scale lithium hydroxide refinery capable of 30,000 tons annually backed by a $57.5 million Department of Energy grant, alongside $12 million in senior secured convertible note financing in November 2024 and a $144 million funding round in 2025.
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