# 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-extractions.minestarters.com/news/american-battery-technology-company-announces-highest-ever-gross-profit-and-succ--ddd1781b-f77f-4a1f-8e61-22ed687f45e0 Original source: https://www.globenewswire.com/news-release/2026/08/20/3348316/0/en/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.html Publisher: globenewswire Original announcement: 2026-08-20T00:00:00.000Z 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: 2026-09-12 02:24:32 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary American Battery Technology Company reported its Q4 FY2026 financial results, highlighting record gross profit and the successful reinstatement of a $57 million DOE grant for the Tonopah Flats Lithium Project. The company also announced 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 resource increase and reserve establishment alongside a significant grant reinstatement, though a new federal directive on black mass exports poses a material revenue risk. - Positive factor: Tonnage growth of 11% for lithium resources - Positive factor: Establishment of proven and probable reserves - Positive factor: Successful appeal for $57 million DOE grant reinstatement - Negative factor: Regulatory risk regarding black mass export prohibition Facts used in scoring: 5 ## Classification and evidence **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier 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 **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 **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 ## Extracted facts Stored fact records: 5. Some facts used in scoring do not have a stored record. ## Resource Estimates (5) ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/american-battery-technology-company-announces-highest-ever-gross-profit-and-succ--ddd1781b-f77f-4a1f-8e61-22ed687f45e0#fact-resource-facts-0) Tonopah Flats Lithium Project · lithium #### Identity - Project: Tonopah Flats Lithium Project - Commodity: lithium - Region: usa\_nv - Reported Region: Nevada - Ticker: ABAT #### Resource scope - Estimate type: resource - Reporting standards: sec\_sk1300 - Qualified person names: RESPEC, LLC - Resource group id: resource:81585628c0cd464d66b6 - Deposit or zone: Tonopah Flats Lithium Project - Mining method: underground #### Resource Data - Category: inferred #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-20T00:00:00.000Z Reasoning: Part of the total 21.3 Mt resource reported. Evidence · text > Total TFLP lithium resources \(measured, indicated, and inferred\) increased approximately 11% to 21.3 million tonnes LHM #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/american-battery-technology-company-announces-highest-ever-gross-profit-and-succ--ddd1781b-f77f-4a1f-8e61-22ed687f45e0#fact-resource-facts-1) Tonopah Flats Lithium Project · lithium #### Identity - Project: Tonopah Flats Lithium Project - Commodity: lithium - Region: usa\_nv - Reported Region: Nevada - Ticker: ABAT #### Resource scope - Estimate type: resource - Reporting standards: sec\_sk1300 - Qualified person names: RESPEC, LLC - Resource group id: resource:f1cf8601005281443c4a - Deposit or zone: Tonopah Flats Lithium Project - Mining method: underground #### Resource Data - Category: measured #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-20T00:00:00.000Z Reasoning: Included in the total 21.3 Mt resource reported. Evidence · text > Total TFLP lithium resources \(measured, indicated, and inferred\) increased approximately 11% to 21.3 million tonnes LHM #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/american-battery-technology-company-announces-highest-ever-gross-profit-and-succ--ddd1781b-f77f-4a1f-8e61-22ed687f45e0#fact-resource-facts-2) Tonopah Flats Lithium Project · lithium #### Identity - Project: Tonopah Flats Lithium Project - Commodity: lithium - Region: usa\_nv - Reported Region: Nevada - Ticker: ABAT #### Resource scope - Estimate type: resource - Reporting standards: sec\_sk1300 - Qualified person names: RESPEC, LLC - Resource group id: resource:0e0ddec584f99d409659 - Deposit or zone: Tonopah Flats Lithium Project - Mining method: underground #### Resource Data - Category: indicated #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-20T00:00:00.000Z Reasoning: Included in the total 21.3 Mt resource reported. Evidence · text > Total TFLP lithium resources \(measured, indicated, and inferred\) increased approximately 11% to 21.3 million tonnes LHM #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/american-battery-technology-company-announces-highest-ever-gross-profit-and-succ--ddd1781b-f77f-4a1f-8e61-22ed687f45e0#fact-resource-facts-3) Tonopah Flats Lithium Project · lithium #### Identity - Project: Tonopah Flats Lithium Project - Commodity: lithium - Region: usa\_nv - Reported Region: Nevada - Ticker: ABAT #### Resource scope - Estimate type: reserve - Reporting standards: sec\_sk1300 - Qualified person names: RESPEC, LLC - Resource group id: resource:cedd193eff6810e8a1fe - Deposit or zone: Tonopah Flats Lithium Project - Mining method: underground #### Resource Data - Category: proven - Tonnes: 2730000 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-20T00:00:00.000Z Reasoning: New reserve establishment reported. - Positive factor: Establishment of proven reserves Evidence · text > establishment of 2.73 million tonnes of proven \(0.98\) and probable \(1.75\) reserves #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/american-battery-technology-company-announces-highest-ever-gross-profit-and-succ--ddd1781b-f77f-4a1f-8e61-22ed687f45e0#fact-resource-facts-4) Tonopah Flats Lithium Project · lithium #### Identity - Project: Tonopah Flats Lithium Project - Commodity: lithium - Region: usa\_nv - Reported Region: Nevada - Ticker: ABAT #### Resource scope - Estimate type: reserve - Reporting standards: sec\_sk1300 - Qualified person names: RESPEC, LLC - Resource group id: resource:d44b312ffe9461fe0a03 - Deposit or zone: Tonopah Flats Lithium Project - Mining method: underground #### Resource Data - Category: probable - Tonnes: 2730000 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-20T00:00:00.000Z Reasoning: New reserve establishment reported. - Positive factor: Establishment of probable reserves Evidence · text > establishment of 2.73 million tonnes of proven \(0.98\) and probable \(1.75\) reserves #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ## 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.