American Battery Technology Company Common Stock (ABAT)
American Battery Technology Company (ABAT) focuses on the sustainable development and recycling of batteries and critical minerals. It develops innovative processes for extracting and recovering valuable materials from used batteries and mineral resources, aiming to create environmentally friendly solutions to support the growing demand for energy storage and electric vehicles.
Company News
Battery stocks surged after China announced export controls on advanced lithium battery technologies, with investors anticipating potential supply disruptions and increased value for North American battery material producers.
China imposed new export controls on rare-earth materials, creating geopolitical tension and driving investment opportunities in non-Chinese rare earth mining and processing companies.
The global bio-based batteries market is expected to grow from $87.9 million in 2024 to $131.6 million by 2030, driven by regulatory focus on decarbonization, environmental concerns, and innovations in materials science. Key applications include medical diagnostics, wearables, and eco-electronics.