American Battery Technology Reinstates $57 Million DOE Grant, Posts Record Q4 Gross Profit

Published: Aug 24, 2026 19:18 (GMT+8)

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【American Battery Technology Reinstates $57 Million DOE Grant, Posts Record Q4 Gross Profit】 American Battery Technology Company (ABTC) reported fourth-quarter FY2026 revenue of $8.2 million, up 5.1% quarter-on-quarter, while gross profit reached a record $1.3 million, up 86% quarter-on-quarter. The company also successfully reinstated its previously terminated $57 million U.S. Department of Energy grant, which will support construction of the first processing train at its Tonopah Flats Lithium Project in Nevada. ABTC said continued scale-up of its recycling operations and improved operational efficiency supported the improvement in profitability.

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