American Battery Technology Maps U.S. Battery Metals Push With Recycling, Nevada Lithium
American Battery Technology (ABAT) plans to expand its U.S. recycling and lithium mining operations. The company aims to build a second recycling facility with a $375M budget, including a $150M DOE grant. Its Tonopah Lithium Project in Nevada has a 45-year mine life and 21.3M tons of lithium. ABAT reported $21.7M in FY2026 revenue, up 407% YoY, with $1.7M gross profit and $49.5M in cash.



