American Battery's Rise Highlights Critical Mineral Imperative American Battery Technology Company (ABAT) has reported record fiscal Q3 revenue, with earnings up 64% quarter over quarter to $7. 8 million.
The significant increase is largely attributed to the efficient ramp up of operations at its Nevada critical mineral recycling facility, where cost of goods sold rose a mere 11%.
This achievement marks a crucial milestone for ABAT, as it paves the way for self sustaining operations and sets the stage for further expansion.