American Battery Technology Company Reports Q2 Financial Results for FY 2026
American Battery Technology Company (ABTC), a foremost entity in the realm of battery critical minerals manufacturing and recycling, has unveiled its financial performance for the second quarter of fiscal year 2026, concluding on December 31, 2025.
The firm has marked commendable achievements in both revenue advancement and operational efficacy.
Financial Highlights
ABTC revealed an extraordinary quarterly revenue escalation, eclipsing the cumulative revenue amassed over the preceding four quarters. Noteworthy financial indicators for Q2 FY 2026 include:
- Aggregate revenue and interest income totaled $5.1 million, reflecting a staggering 1,300% year-over-year growth.
- Revenue derived from operations reached $4.8 million, complemented by an additional $0.3 million from interest earnings.
- The cash cost of goods sold (cash-COGS) was calculated at $4.9 million, while total COGS, incorporating non-cash expenses, amounted to $6.4 million.
- The company maintained a robust cash reserve of $48.7 million, with no reported debt.
Business and Operational Highlights
The company’s recycling endeavors have catalyzed substantial revenue growth, primarily through enhanced processing volumes of high-value feedstock, notably batteries sourced from Battery Energy Storage Systems (BESS), retired electric vehicles, and consumer electronics.
ABTC’s lithium-ion battery recycling facility in Nevada, authorized by the EPA, has emerged as a pivotal revenue catalyst.
Furthermore, ABTC is expediting the design and commercialization of a second battery recycling facility in the Southeastern United States, projected to possess approximately fivefold the capacity of its inaugural facility.
Strategic Initiatives and Corporate Developments
ABTC’s Tonopah Flats Lithium Project (TFLP) is consolidating its status as a linchpin of the domestic lithium supply chain. This project has been classified as a Fast-41 Transparency Priority Project and has recently attained coverage as a full Covered Project, benefiting from expedited federal permitting processes.
In October 2025, ABTC released its Pre-Feasibility Study (PFS) for the TFLP, forecasting an annual production of 30,000 tonnes of lithium hydroxide monohydrate (LHM), underscored by strong economic viability.
The organization is now concentrating on advancing from a pilot plant to the establishment of a full-scale commercial refinery while progressing towards the development of its Definitive Feasibility Study.
Management’s Perspective
CEO Ryan Melsert articulated commendation for the company’s progress, asserting, “We take great pride that as we have effectively enhanced throughput and implemented operational efficiencies at our critical mineral facilities, we have for the first time concluded a quarter where our revenue from operations and interest income exceed the cash cost of goods sold.”
Additionally, Melsert emphasized the increased cash balance, which will bolster the company’s expansion efforts for existing facilities as well as the initiation of new projects.
Future Outlook
ABTC stands ready for sustained growth, with aspirations to broaden its recycling operations and further innovate its lithium manufacturing capabilities. The company’s strategic initiatives, coupled with a solid financial foundation, herald a promising trajectory in the battery critical minerals sector.
Source link: Tradingview.com.
