American Battery Technology Q3 2024 Earnings Report

American Battery Technology EPS Results

• Actual EPS: -$0.19
• Consensus EPS: -$0.14
• Beat/Miss: Missed by -$0.05
• One Year Ago EPS: N/A

American Battery Technology Revenue Results

• Actual Revenue: N/A
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

American Battery Technology Announcement Details

• Quarter: Q3 2024
• Date: 5/15/2024
• Time: N/A
• Conference Call Date: Wednesday, May 15, 2024
• Conference Call Time: 7:00AM ET

American Battery Technology (NASDAQ:ABAT) (NASDAQ: ABAT) is a U.S.-based company focused on developing domestic supply chain solutions for critical battery metals. The company’s core activities span from exploration and extraction of lithium resources to the design and operation of recycling facilities targeted at end-of-life batteries and manufacturing scrap. By integrating upstream resource development with downstream recycling, ABAT aims to create a closed-loop system that bolsters North American battery manufacturing.

On the resource side, American Battery Technology holds lithium claystone claims in Nevada’s Clayton Valley and is advancing a pilot direct-extraction facility designed to recover lithium and other valuable metals from brines. These efforts leverage proprietary extraction processes intended to improve recovery rates and reduce the environmental footprint compared with conventional methods. The company’s development pipeline is focused on scaling its lithium extraction technology to commercial production levels.

Complementing its extraction business, ABAT operates a materials processing and recycling demonstration plant in Reno, Nevada. This facility employs hydrometallurgical techniques to separate and purify cobalt, nickel, lithium, manganese and copper from spent electric-vehicle batteries and manufacturing by-products. By recovering these metals domestically, the company seeks to mitigate supply disruptions, reduce reliance on imported materials and lower the carbon intensity of battery production.

Headquartered in Reno, American Battery Technology Company is led by a management team with backgrounds in mining engineering, chemical processing and materials science. The company collaborates with research institutions and industry partners to advance next-generation extraction and recycling technologies. Its strategic focus on sustainability and U.S.-based operations positions ABAT as a key participant in the effort to secure a resilient battery supply chain for the North American energy transition.