American Battery Technology Company

americanbatterytechnology.com

What Do They Do?

Recycles lithium-ion batteries and develops domestic critical-mineral resources, producing recovered metals and battery-grade materials for battery manufacturers.

How Do They Make Money?

Customers buy recycled metals, black mass and other physical goods at contract prices based on shipped quantities; most take ownership when goods are released to the shipper, before delivery.

FY2026 revenue

Who Are Their Customers?

Battery-material buyers include battery manufacturers and global customers evaluating lithium hydroxide; recycling byproducts are sold through offtake agreements or the open scrap market, while black mass is sold under offtake contracts or processed further.

Do Revenues Turn Into Profits?

No. It lost $73.4M in FY2026.

Operating income, FY2026

−344% of revenue

▲ +78% (Loss) vs FY2025 (−$42M, −980%)

Net income, FY2026

−338% of revenue

▲ +57% (Loss) vs FY2025 (−$46.8M, −1090%)

How Are They Changing?

Recycling operations The older report described a recycling plant being commissioned and planned sales of scrap metals and black mass; the latest describes an operating facility that takes in battery waste and end-of-life material and makes recycled products and byproducts.

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