# American Battery Technology Company Announces Highest Ever Gross Profit and Successful Appeal for Reinstatement of $57 Million US Department of Energy Grant in Fourth Quarter FY2026 Financial Results Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/american-battery-technology-company-announces-highest-ever-gross-profit-and-succ--0dedd4c6-8d25-4acf-8a5d-a3b6c7938316 Original source: https://orestocks.com/company/ABAT/press-releases/8821254587147451 Publisher: orestocks Original announcement: 2026-08-20T12:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: American Battery Technology Company - Ticker: ABAT - Exchange: Unavailable - Region: Nevada - Primary commodity: Lithium - Secondary commodities: None reported - Document categories: Resource update, Other - Extracted: 2026-08-20 16:52:03 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary American Battery Technology Company announced its Q4 FY2026 results, highlighted by a successful appeal to reinstate a $57 million DOE grant for its Tonopah Flats Lithium Project. The company also reported an 11% increase in total lithium resources to 21.3 million tonnes LHM and the establishment of 2.73 million tonnes of proven and probable reserves. Reasoning: The company reported a material increase in lithium resources and the establishment of reserves, alongside a major de-risking event with the DOE grant reinstatement, though regulatory headwinds for their recycling segment pose a risk. - Positive factor: Significant resource tonnage growth \(11%\) - Positive factor: Successful reinstatement of $57M DOE grant - Positive factor: Strong project economics \(NPV $2.57B, IRR 21.8%\) - Positive factor: Establishment of reserves - Negative factor: Regulatory risk regarding black mass export prohibition - Negative factor: Inferred resource component remains significant Facts used in scoring: 5 ## Classification and evidence **Tonnage Growth** Polarity: positive Definition: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved. Why it applies: Total lithium resources increased approximately 11% to 21.3 million tonnes LHM. Evidence · text > Total TFLP lithium resources \(measured, indicated, and inferred\) increased approximately 11% to 21.3 million tonnes LHM **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: Company established 1.75 million tonnes of probable reserves. Evidence · text > establishment of 2.73 million tonnes of proven \(0.98\) and probable \(1.75\) reserves **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: Company established 0.98 million tonnes of proven reserves. Evidence · text > establishment of 2.73 million tonnes of proven \(0.98\) and probable \(1.75\) reserves ## Extracted facts Stored fact records: 5. Some facts used in scoring do not have a stored record. ## Resource Estimates (5) ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/american-battery-technology-company-announces-highest-ever-gross-profit-and-succ--0dedd4c6-8d25-4acf-8a5d-a3b6c7938316#fact-resource-facts-0) lithium #### Identity - Commodity: lithium - Ticker: ABAT #### Resource Data - Category: measured #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-20T00:00:00.000Z Reasoning: Measured category mentioned as part of total resource but specific tonnage/grade not broken out in this text. ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/american-battery-technology-company-announces-highest-ever-gross-profit-and-succ--0dedd4c6-8d25-4acf-8a5d-a3b6c7938316#fact-resource-facts-1) lithium #### Identity - Commodity: lithium - Ticker: ABAT #### Resource Data - Category: indicated #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-20T00:00:00.000Z Reasoning: Indicated category mentioned as part of total resource but specific tonnage/grade not broken out in this text. ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/american-battery-technology-company-announces-highest-ever-gross-profit-and-succ--0dedd4c6-8d25-4acf-8a5d-a3b6c7938316#fact-resource-facts-2) lithium #### Identity - Commodity: lithium - Ticker: ABAT #### Resource Data - Category: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-20T00:00:00.000Z Reasoning: Inferred category mentioned as part of total resource but specific tonnage/grade not broken out in this text. ### proven [Link to this fact](https://atlas-staging.minestarters.com/news/american-battery-technology-company-announces-highest-ever-gross-profit-and-succ--0dedd4c6-8d25-4acf-8a5d-a3b6c7938316#fact-resource-facts-3) lithium #### Identity - Commodity: lithium - Ticker: ABAT #### Resource Data - Category: proven - Tonnes: 980000 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-20T00:00:00.000Z Reasoning: Establishment of 0.98 Mt proven reserves is a significant project milestone. Evidence · text > establishment of 2.73 million tonnes of proven \(0.98\) and probable \(1.75\) reserves ### probable [Link to this fact](https://atlas-staging.minestarters.com/news/american-battery-technology-company-announces-highest-ever-gross-profit-and-succ--0dedd4c6-8d25-4acf-8a5d-a3b6c7938316#fact-resource-facts-4) lithium #### Identity - Commodity: lithium - Ticker: ABAT #### Resource Data - Category: probable - Tonnes: 1750000 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-20T00:00:00.000Z Reasoning: Establishment of 1.75 Mt probable reserves is a significant project milestone. Evidence · text > establishment of 2.73 million tonnes of proven \(0.98\) and probable \(1.75\) reserves ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.