ABAT Receives US License for $100M Critical Mineral Sales

Key Facts

1American Battery Technology Company received U.S. Department of Commerce approval for the sale of $100 million of exported recycled black mass critical minerals.

American Battery Technology Company received U.S. Department of Commerce approval for the sale of $100 million of exported recycled black mass critical minerals. GlobeNewswire reported that the license, issued by the Bureau of Industry and Security, permits the export of these materials under specified terms following the implementation of federal export controls on battery minerals.

The license supports the scale-up of domestic U.S. critical mineral recycling operations and follows the company's reported 400% year-over-year revenue growth. ABAT closed at $2.21 on September 30, 2026, with a daily trading range between $2.2 and $2.3.