American Battery Technology Sees Another Strong Quarter

Nevada-based recycler benefits from government support and rising demand for critical materials.

Published on Feb. 7, 2026

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American Battery Technology (ABAT), a battery recycling and materials company based in Reno, Nevada, reported another successful quarter, driven by increased Department of Energy support and growing demand for critical materials. The company has seen fast-track approvals and development grants from the DOE as the U.S. government prioritizes onshore production of these strategic resources.

Why it matters

As the U.S. seeks to bolster domestic supply chains for critical materials like those used in batteries, companies like ABAT that can recycle and refine these materials are becoming increasingly important. ABAT's location in Reno also positions it well to serve the growing electric vehicle and energy storage industries in the western U.S.

The details

ABAT operates a battery recycling facility in Reno that extracts and refines materials like lithium, cobalt, and nickel from spent batteries. The company has benefited from DOE support, including fast-track approvals for projects and development grants to expand its capabilities. This has allowed ABAT to ramp up production and meet rising demand from EV manufacturers and energy storage providers.

  • ABAT reported its latest quarterly results on February 8, 2026.

The players

American Battery Technology

A battery recycling and materials company based in Reno, Nevada that extracts and refines critical minerals from spent batteries.

U.S. Department of Energy

The federal agency that has provided support to ABAT through fast-track approvals and development grants, as the U.S. government prioritizes domestic production of critical materials.

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What’s next

ABAT plans to use its DOE support to further expand its recycling capacity and refining capabilities in Reno to meet growing demand.

The takeaway

ABAT's success highlights the importance of domestic critical materials production as the U.S. seeks to reduce reliance on foreign supply chains and bolster its clean energy industries.