American Battery Technology Advances Tonopah Flats Project with BLM Plan Acceptance

Key Facts

1American Battery Technology announced the U.S. Bureau of Land Management's acceptance of the Plan of Operations for its Tonopah Flats Lithium Project mine and refinery.

Amid intensifying efforts to bolster U.S. energy security and domestic critical mineral production, American Battery Technology Company has reached a significant regulatory milestone. The U.S. Bureau of Land Management (BLM) has formally accepted the Plan of Operations for the Tonopah Flats Lithium Project mine and refinery. This acceptance serves as a critical step in the federal permitting process for what is considered one of the largest lithium resources in the country.

The project’s advancement is supported by substantial federal interest, including a $900 million Letter of Interest from the Export-Import Bank of the United States to support production expansion. Per market data, shares of ABAT stood at $2.78 at the close of September 4, 2026, having traded between a day high of $2.83 and a day low of $2.72 during that session.

Looking ahead, the next phase in the federal review involves the publication of a Notice of Intent in the Federal Register to prepare an Environmental Impact Statement. Investors will be watching the price levels of ABAT, which was at $2.78 (close September 4, 2026), as the company moves through the streamlined federal permitting process designated for priority energy projects.