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American Battery gains on deal with US national laboratory for lithium tech

ReutersJul 15, 2025 3:06 PM

Shares of critical mineral company American Battery Technology ABAT.O rise ~7% to $1.75

Awarded $1 million agreement by the U.S. Department of Energy's Argonne National Laboratory ReCell Center (Argonne) to advance lithium manufacturing technologies

Part of efforts to advance domestically manufactured critical minerals to reduce reliance on foreign supply chains and support U.S. energy security

ABAT also engaged with other U.S. DOE National Laboratories such as Idaho National Laboratory and National Renewable Energy Laboratory

Including session moves, stock down 28.3% YTD

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