American Battery Technology Co
ABAT

$1.01

0.97%

Market Cap: 59.2M

About: American Battery Technology Co is engaged in lithium-ion battery recycling, battery metals and material extraction, and resource production. It is a battery metals company producing low-cost battery metals with a commitment to closed-loop, clean energy technologies.

Employees: 56

Materials Mining & Quarrying of Nonmetallic Minerals, Except Fuels

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

18% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 11

10% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 10

2% more funds holding

Funds holding: 53 [Q4 2023] → 54 (+1) [Q1 2024]

0.48% less ownership

Funds ownership: 10.43% [Q4 2023] → 9.96% (-0.48%) [Q1 2024]

62% less capital invested

Capital invested by funds: $24.1M [Q4 2023] → $9.12M (-$15M) [Q1 2024]

79% less call options, than puts

Call options by funds: $27K | Put options by funds: $130K

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Research analyst outlook

1 Wall Street Analyst provided 1 year price forecasts over the past 6 months

Low target

$6

494%

upside

Avg. target

$6

494%

upside

High target

$6

494%

upside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

Northland Capital Markets

494%upside

$6

Outperform

Initiated

27 Mar 2024

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Financial journalist opinion

American Battery Technology Company Announces Commercial Transaction for Bulk Purchase of Recycled Black Mass Material by Domestic Strategic Customer

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.

American Battery Technology Company Announces Commercial Transaction for Bulk Purchase of Recycled Black Mass Material by Domestic Strategic Customer

US Department of Energy Secretary Jennifer Granholm Tours American Battery Technology Company Commercial Facilities

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).

US Department of Energy Secretary Jennifer Granholm Tours American Battery Technology Company Commercial Facilities

American Battery Technology Company Successfully Manufactures Lithium Hydroxide from its First-of-Kind, Nevada-Based Claystone Integrated Demonstration Facility

American Battery Technology Company (NASDAQ:ABAT) demonstrates ability to manufacture commercially-viable lithium product with its internally-developed processing technologies from a U.S resource, diminishing reliance on foreign entities Demonstration-scale quantities of manufactured lithium hydroxide to be used for qualification processes by strategic partners in negotiation of long-term commercial-scale offtake agreements that can directly support build out of a North American Critical Battery Minerals Supply Chain Successful operation of demonstration facility allows for acceleration of construction and operations of U.S. Department of Energy (DOE) grant supported 30,000 MT LiOH/year commercial-scale domestic refinery to be located at its Tonopah Flats Lithium Project, one of the largest known lithium deposits in the United States RENO, Nev. , June 18, 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, announced that it has successfully manufactured demonstration-scale quantities of lithium hydroxide material produced in its integrated facility specifically utilizing its own lithium bearing claystone material from its Tonopah Flats Lithium Project (TFLP) resource near Tonopah, Nevada.

American Battery Technology Company Successfully Manufactures Lithium Hydroxide from its First-of-Kind, Nevada-Based Claystone Integrated Demonstration Facility

American Battery Technology Company Invited to Share Diverse Industry Expertise and Company Progress at Upcoming Events

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.

American Battery Technology Company Invited to Share Diverse Industry Expertise and Company Progress at Upcoming Events

American Battery Technology Company Releases Third Quarter Fiscal Year 2024 Financial Report

Rapid ramp up yielding progressive results supporting company's commercialization of its first-of-kind battery metals extraction technologies for both recycling and primary claystone resources RENO, Nev. , May 15, 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 third quarter fiscal year (FY) 2024 financial results, for the period ending March 31, 2024.

American Battery Technology Company Releases Third Quarter Fiscal Year 2024 Financial Report

American Battery Technology Company Ramps its Lithium-Ion Battery Recycling Facility and Operates at Over 115% Design Rate

Accomplishing a major commercialization milestone, the company continues to aggressively advance recycling operations to increase battery metals manufacturing for U.S.-based strategic customers Achievement marks capabilities of the company's internally-developed, first-of-kind, commercial-scale battery recycling technologies for recovery of battery materials with high yields, low cost, and a low environmental footprint Spurred by U.S. Department of Energy grant awards and recent 48C tax credit awards, the facility is on-track for introducing IRA-compliant and responsibly-sourced, battery grade metals into the North American supply chain in support of diminishing reliance on imported materials from Foreign Entities of Concern (FEOC) RENO, Nev. , May 13, 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, has achieved a significant milestone by demonstrating a fixed duration operation of its commercial-scale lithium-ion battery recycling facility at a steady-state throughput of greater than 115% of its maximum design rate.

American Battery Technology Company Ramps its Lithium-Ion Battery Recycling Facility and Operates at Over 115% Design Rate

American Battery Technology Company Hires Former Tesla Head of FP&A Europe, Scott Smith, as Vice President of Financial Planning and Analysis

Key leadership position filled to facilitate ABTC's rapid growth and capital expansion projects RENO, Nev. , April 30, 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, is pleased to announce the onboarding of Scott Smith as its vice president of financial planning and analysis (FP&A) to support the company's strategic growth trajectory and to lead the company's investor relations functions.

American Battery Technology Company Hires Former Tesla Head of FP&A Europe, Scott Smith, as Vice President of Financial Planning and Analysis

American Battery Technology Company Publishes Updated Initial Assessment and Economic Analysis for its Tonopah Flats Lithium Project for One of the Largest Identified Lithium Resources in the U.S.

ABTC CEO leads virtual walkthrough of one of the largest known lithium deposits in the United States with Vrify CEO Stephen De Jong RENO, Nev , April 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, has published an amended Initial Assessment for its Tonopah Flats Lithium Project (TFLP). The TFLP is one of the largest identified lithium resources in the U.S., and while initial pit designs and economic analyses in previous assessments evaluated the full resource, this updated Initial Assessment utilizes a commercialization pathway with a more rigorous mine plan that contemplates utilization of only Measured and Indicated Mineral Resources, and excludes Inferred Mineral Resources, to supply the planned commercial-scale lithium hydroxide monohydrate (LHM) refinery.

American Battery Technology Company Publishes Updated Initial Assessment and Economic Analysis for its Tonopah Flats Lithium Project for One of the Largest Identified Lithium Resources in the U.S.

American Battery Technology Company Announces Commissioning of First-of-Kind Facility for Manufacturing of Battery Grade Lithium Hydroxide from Nevada Claystone Deposit

Pilot plant produces qualification samples for strategic customers and demonstrates commercial maturity of internally-developed production process RENO, Nev. , April 22, 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 the completion of construction and start of commissioning of its lithium hydroxide (LiOH) pilot plant marking a significant milestone in the commercialization of its internally-developed processes to access an unrealized domestic primary lithium resource.

American Battery Technology Company Announces Commissioning of First-of-Kind Facility for Manufacturing of Battery Grade Lithium Hydroxide from Nevada Claystone Deposit

American Battery Technology Company Awarded Additional $40 Million Competitive Tax Credit to Accelerate Construction of Next Battery Recycling Facility

Award to supplement capital expenditures to accelerate construction and commissioning of next-generation lithium-ion battery recycling facility to enable expanded North American closed-loop battery metals supply chain RENO, Nev. , April 4, 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, has been selected for an additional award of $40.5 million through the Qualifying Advanced Energy Project Credits program (48C) to support the design and construction of a new, next-generation, commercial battery recycling facility to be located in the United States.

American Battery Technology Company Awarded Additional $40 Million Competitive Tax Credit to Accelerate Construction of Next Battery Recycling Facility

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