American Battery Technology Stock Rises on Export License for Black Mass

By EC Assets · Published 1 October 2026

American Battery Technology stock rose on news of its export approval. The company received a U.S. export license from the Department of Commerce. This license permits the sale of up to $100 million of its recycled black mass material. American Battery Technology secured approval from the U.S. Commerce Department's Bureau of Industry and Security. This approval specifically covers the export of up to $100 million in recycled black mass material. The company's shares climbed following the announcement of this approval. Shares of American Battery Technology rose 25% to $2.75 in premarket trading Thursday. The company is transitioning from research and development to commercial operations. It aims to scale up its commercial operations at its domestic U.S. critical mineral recycling facility. American Battery Technology reported significant growth in its fiscal third quarter of 2025. The company tripled its quarterly revenue to $1 million. This revenue was primarily generated from recycled battery materials. The company's revenue growth demonstrated over 400% year-over-year. This article is intended for informational purposes only. It does not constitute investment advice.