American Battery Technology Company Receives Approval for Sale of $100 Million of Exported Recycled Black Mass Critical Minerals with License from U.S. Department of Commerce

Reno, Nev., Oct. 01, 2026 (GLOBE NEWSWIRE) -- American Battery Technology Company (NASDAQ: ABAT), an integrated critical minerals manufacturing company commercializing technologies for both primary critical minerals manufacturing and secondary recycled minerals manufacturing, announced that it has received approval from the U.S. Department of Commerce's Bureau of Industry and Security (BIS) for the sale of up to $100 million of its recycled black mass material through a license to export under specified terms following the implementation of recently enacted federal export controls governing critical battery materials.

"We are grateful for this license and continued support from the U.S. government for the sales of our domestic critical mineral products as we scale both our current critical mineral recycling facility and also our second recycling facility supported by $150 million in competitive grants from the U.S. Department of Energy,” said Ryan Melsert, CEO of American Battery Technology Company. “As demonstrated by the progress reflected in our fiscal year 2026 financial results, we continue to successfully execute on the commercialization of our technologies and expand our role within the critical minerals value chain."