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American Battery Materials Inc logo

American Battery Materials Inc

americanbatterymaterials.com

What Do They Do?

Plans to extract and refine lithium and magnesium from Utah brines for battery and other industrial markets.

Who Are Their Customers?

The company has no customers or offtake agreements yet. If production begins, it expects to sell lithium and magnesium through intermediaries to purchasers of mineral products.

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Net income
▼ −54% (Loss)
vs −$2.1M in Q2 FY2025

From kiosks to minerals The older report describes a prior kiosk business alongside a shift to mineral exploration; the latest report focuses on brine-based lithium and magnesium projects.

Adding magnesium The older strategy centered on lithium production, while the latest also identifies magnesium as a production goal.

Who Do They Compete With?

Competes with Magrathea Metals and Tidal Metals

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