American Battery Technology Q2 Combined Revenue Jumps 1,300% to $5.1M
American Battery Technology reported FQ2 2026 revenue and interest income of $5.1 million, exceeding cash cost of goods sold of $4.9 million and reflecting a year-over-year revenue increase of over 1,300% to $4.8 million. The company is expanding its Nevada recycling facility and preparing a second Southeast US plant.
1. FQ2 Financial Performance
American Battery Technology achieved combined Q2 2026 revenue and interest income of $5.1 million, exceeding its cash cost of goods sold of $4.9 million for the first time. Operational revenue of $4.8 million represented a year-over-year increase exceeding 1,300%.
2. Recycling Operations Expansion
Recycling division growth was driven by higher processing volumes of EV and energy storage batteries at its Nevada facility, now fully permitted. Plans are underway for a second Southeast US recycling plant with five times current capacity, supported by OEM supply agreements.
3. Lithium Manufacturing Advancement
The Tonopah Flats Lithium Project has been designated a Fast-41 Covered Project, with all NEPA baseline studies complete. The pre-feasibility study outlines a 45-year mine life producing 30,000 tonnes annually at $4,307 per tonne, and the company is scaling its claystone pilot plant toward commercial refining.