American Battery Materials Inc (OTC: BLTH) is a U.S.-based mineral extraction and processing company focused on the extraction, refinement, and distribution of technical minerals, with a primary focus on lithium. The company holds rights to 102 federal mining claims in the Lisbon Valley of Utah, acquired in November 2021 for $100,000 plus a 2% net revenue royalty on future sales. As of the 10-K filed March 19, 2026, the company has not reported commercial revenue and has funded operations entirely through convertible notes, promissory notes, and stock issuances. Cash flows show net losses for both years ended December 31, 2025 and December 31, 2024, with no investing cash flows in either period. The company is pre-revenue and exploration-stage, targeting the battery materials supply chain serving the electric vehicle and Battery Energy Storage Systems markets. No competitors are named in the filing excerpts.
The company's primary asset is 102 federal mining claims in the Lisbon Valley of Utah, targeting lithium and related technical minerals. The filing references direct lithium extraction technologies including adsorption, ion exchange, and solvent extraction as methods relevant to its operations. No products have been commercially produced or sold as of the filing date.
As of the 10-K filed March 19, 2026, the company has generated no commercial revenue. Operations have been financed through proceeds from convertible notes, promissory notes (including related-party instruments), and equity issuances. The company anticipates future revenue from the sale of extracted minerals subject to a 2% net revenue royalty obligation.
The company targets the battery materials supply chain, with end markets including electric vehicles and Battery Energy Storage Systems (BESS). No customer relationships or contracts have been disclosed in the filing excerpts.
Operations are focused in the Lisbon Valley of Utah, United States. The company is incorporated in Delaware.
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