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American Battery Technology reports 83% revenue growth and secures $100M export license for recycled battery materials

Company Fundamentals
13 Nov 2026, 16:00 WIB
GlobeNewsWire
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Bullish
American Battery Technology reports 83% revenue growth and secures $100M export license for recycled battery materials

American Battery Technology Company announced an 83% year-over-year revenue increase to $1.7 million in Q1 FY27, despite a temporary federal export ban on its key recycled black mass product. The company secured a $100 million license from the U.S. Department of Commerce to export this product, allowing resumed sales after the restriction. Additionally, ABTC achieved a major milestone with federal approval for its Tonopah Flats Lithium Project, advancing its position in domestic lithium production. The company maintains a strong cash position of $43.4 million and zero debt, positioning it well for future growth in critical mineral recycling and lithium mining.

American Battery Technology Company reported an 83% year-over-year revenue growth, reaching $1.7 million in Q1 FY27. For readers following the Basic Materials sector, here is Pluang's market snapshot as of Nov 13, 2026 20:51 WIB: out of 83 priced US stocks, 64 rose and 17 fell. Notable movers include ALM at USD 7.78 (+1.97%), SCCO at USD 170.86 with 87% buy orders (+1.58%), and NG at USD 5.85 with 100% sell orders (+1.56%).

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