Core Viewpoint - The Schall Law Firm is investigating American Battery Technology Company for potential violations of securities laws following the termination of a significant grant from the Department of Energy, which has led to a substantial drop in the company's stock price [1][2]. Company Summary - American Battery Technology Company (NASDAQ: ABAT) is under investigation for allegedly issuing false or misleading statements and failing to disclose critical information to investors [2]. - The Department of Energy terminated a grant that would have provided nearly $58 million for a lithium hydroxide manufacturing facility, which the company was expected to match with an equal investment [2]. - Following the announcement of the grant termination, shares of American Battery fell by over 57% in subsequent trading sessions [2].

Core Insights - Falcon Energy Materials plc has announced positive results from a technical-economic study for its natural graphite spheroidization, purification, and coating plant in Morocco, indicating strong financial and operational fundamentals for becoming a low-cost producer of coated, spheroidized, and purified graphite at an industrial scale [2][4]. Group 1: Technical Study and Economic Viability - The Technical Study, prepared to AACE Class 3 standards, confirms the economic viability of the CSPG facility in Morocco [2][6]. - The Anode Plant is designed to produce 26,000 tonnes of CSPG and 19,000 tonnes of fines annually, with initial capital costs estimated at US$86 million and operating costs at US$3,168 per tonne of CSPG [8][21]. Group 2: Production Process and Technology - The Anode Plant will utilize advanced processes for spheroidization, purification, and coating, producing high-quality CSPG with a purity of 99.95% [9][14]. - The facility will be strategically located in Jorf Lasfar, Morocco, benefiting from key port and energy infrastructure, as well as free trade agreements with the US and EU [6][10]. Group 3: Strategic Partnerships and Market Focus - Falcon has partnered with a leading CSPG producer to leverage established technology and supply chains, enhancing its competitive position in the European and North American markets [4][5]. - The company aims to close critical gaps in the battery materials supply chain, providing essential anode materials to Western manufacturers and end-users [4][5]. Group 4: Next Steps and Timeline - The company has initiated an environmental impact assessment (EIA) expected to be completed in H1 2026, which is necessary for obtaining construction permits [22]. - Construction of the pilot plant is on track for completion in Q4 2025, with first CSPG samples available for customer testing expected in the same timeframe [23][24].

Core Insights - The article discusses the investment strategies and market experiences of an active trader with over 15 years in stocks, FX, crypto, and commodities [1] Group 1 - The trader holds a master's degree in finance, combining microeconomic analysis of company financials with a macroeconomic perspective [1]

Core Viewpoint - Homeland Nickel Inc. has formed a partnership with Patriot Nickel Corp to enhance domestic nickel supply in the U.S., particularly in Southern Oregon, aligning with the America First trend [2][5]. Company Overview - Homeland Nickel is a Canadian mineral exploration company focused on critical metal resources, with nickel projects in Oregon and copper and gold projects in Newfoundland [8]. Partnership Details - The partnership involves Homeland optioning its Cleopatra Property (historical resource of 39.5 million tonnes at 0.93% Ni) and Eight Dollar Mountain Property to Patriot [5]. - Homeland will receive 20% of Patriot's common shares, staged cash payments totaling USD $1.25 million, and a minimum expenditure requirement of USD $3 million over three years [5]. - Patriot is required to bring one property to pre-feasibility to earn an 80% interest in both properties, and will assume 50% of progress payments to RAB Capital (CAD $7.5 million) [5]. Historical Resource Verification - The historical resource on the Cleopatra Property was initially prepared in 2009 and later reviewed in 2023, confirming compliance with NI 43-101 standards [4][5]. - To make the historical resources compliant, a minimum of 10% of the original work will need to be repeated, primarily involving twinning selected auger holes [7]. Management and Governance - Stephen Balch, President and CEO of Homeland, emphasizes the benefits of the partnership, including American investor interest and management [2]. - Homeland will appoint one director to Patriot and will operate exploration programs until a joint venture is formed [5].

Core Viewpoint - Gamma Resources Ltd. has initiated significant work programs at its Green River Uranium Project in Utah and Mesa Arc Uranium Project in New Mexico, marking a pivotal step in advancing its U.S. uranium portfolio and preparing for resource estimation, permitting, and drilling initiatives [1][3]. Green River Uranium Project – Utah - The Green River Project consists of 41 royalty-free lode claims targeting uranium mineralization in the Salt Wash Member of the Morrison Formation, with historical deposits totaling 5.3 million lbs U₃O₈ and past production of 1 million lbs U₃O₈ [3][4]. - A technical field team has been mobilized to conduct a detailed airborne survey to identify historic boreholes and open collars for downhole gamma logging, with completion expected by the second week of December 2025 [4][5]. - The results from the airborne survey will help define targets for follow-up exploration and additional land acquisition during the first half of 2026 [5][6]. Mesa Arc Uranium Project – New Mexico - The Mesa Arc Project comprises 41 lode mining claims recently expanded by 185 new federal claims, covering approximately 4,520 acres, with historical uranium production and mineralization documented [7][10]. - A 20-hole (6,500 ft) drill program is planned to twin historic holes and test step-out targets, including the Todilto Formation, with permitting submissions to the U.S. Forest Service underway and drilling anticipated to begin in Q2 2026 [6][10]. - The Todilto Formation has a history of over 17 million lbs of U₃O₈ production since the late 1970s, yet has never been drilled on Gamma's ground [10]. Corporate Update - Gamma has engaged Departures Capital Inc. for investor communications and marketing advisory services for an initial term of twelve months at a fee of C$30,000 [11]. Industry Context - The U.S. government has designated uranium as a critical mineral, enabling federal agencies to fast-track permitting and prioritize uranium mining and related infrastructure [17]. - The uranium market is experiencing a historic supply-demand imbalance, with spot uranium prices recovering from lows near US $63/lb in early 2025 to over US $80.00/lb as of October 2025, driven by underinvestment and geopolitical trade tensions [18]. - Nuclear energy is increasingly recognized as a reliable, carbon-free energy source, prompting Western governments to invest in domestic fuel chains and advanced reactor technologies, positioning companies like Gamma favorably in the market [18].

Core Insights - American Battery Technology Company (ABTC) reported significant financial growth in Q1 FY 2026, with a notable increase in cash balance and the extinguishment of all outstanding debt [1][2][6] - The company secured a historic battery recycling contract with an estimated value of $30 million, marking a major milestone in its operations [1][6] Financial Highlights - Cash and restricted cash increased to $30.9 million as of September 30, 2025, up from $12.5 million as of June 30, 2025, and further increased to $55.6 million by November 5, 2025 [6] - Total cost of goods sold for the quarter was $4.5 million, compared to $2.5 million for the same period in 2024, with a non-GAAP cash cost of goods sold of $3.3 million [4][6] - Revenue from recycled products reached $0.9 million, a 350% increase from $0.2 million in the same quarter of the previous year [6] Battery Recycling Developments - ABTC was awarded a contract for the largest lithium-ion battery cleanup operation in U.S. EPA history, involving up to 100,000 damaged battery modules [6][7] - The company enhanced its facilities to meet the requirements of the new contract, allowing it to process various types of damaged materials [6] - The EPA approved ABTC's battery recycling facility in Nevada to receive waste material classified under CERCLA, positioning the company as a key player in the Western U.S. battery recycling market [7][8] Tonopah Flats Lithium Project (TFLP) - The Pre-Feasibility Study (PFS) for the TFLP indicates a projected after-tax net present value (NPV) of $2.57 billion at an 8% discount rate, with an internal rate of return (IRR) of 21.8% and a payback period of 7.5 years [6][12] - The TFLP's lithium resources increased by approximately 11% to 21.3 million tonnes of lithium hydroxide monohydrate (LHM), with proven and probable reserves established at 2.73 million tonnes [12][13] - The project aims for a production capacity of 30,000 tonnes per year of lithium hydroxide monohydrate, with competitive production costs of $4,307 per tonne [12][13]

Revenue and Growth - Revenue for the three months ended September 30, 2025, was $937,589, a significant increase from $201,960 in the same period of 2024, representing a growth of approximately 364%[14] - The company generated $22.2 million from the issuance of common shares through At-The-Market offerings during the three months ended September 30, 2025, compared to $6.9 million in the same period of 2024[18] - The company generated its initial revenue in the fourth quarter of the fiscal year ended June 30, 2024[20] Losses and Expenses - The gross loss for the three months ended September 30, 2025, was $(3,516,642), compared to $(2,340,681) for the same period in 2024, indicating a decline in gross margin[14] - The net loss attributable to common stockholders for the three months ended September 30, 2025, was $(10,299,566), compared to $(11,780,206) for the same period in 2024, reflecting an improvement of approximately 13%[14] - Cash flows from operating activities resulted in a net cash used of $7.1 million for the three months ended September 30, 2025, compared to $5.6 million for the same period in 2024, indicating a 28% increase in cash outflow[18] - The company incurred negative cash flows from operating activities of $28.9 million for the fiscal year ended June 30, 2025[21] - Management anticipates that operating losses will lessen in the near term due to revenue growth and ongoing cost efficiencies[21] Assets and Equity - Total assets increased to $101,473,201 as of September 30, 2025, up from $84,457,791 as of June 30, 2025, representing a growth of about 20%[12] - Total stockholders' equity increased to $95,998,304 as of September 30, 2025, from $70,599,023 as of June 30, 2025, marking an increase of about 36%[12] - Cash and cash equivalents rose to $30,122,498 as of September 30, 2025, compared to $7,474,304 as of June 30, 2025, indicating a substantial increase of approximately 303%[11] Shareholder Activity - The company issued 8,217,533 shares pursuant to an At-The-Market offering, raising approximately $21 million in additional paid-in capital[15] - The weighted average shares outstanding for the three months ended September 30, 2025, were 112,240,128, compared to 69,519,432 for the same period in 2024, indicating a significant increase in share count[14] - Total common shares of 6,666,651 were issued upon conversion of $5,000,000 of the 2024 Notes, with a fair market value of $16.0 million[72] Research and Development - Research and development expenses for the three months ended September 30, 2025, were $2,697,639, compared to $2,032,135 for the same period in 2024, reflecting an increase of about 33%[14] Inventory and Grants - As of September 30, 2025, total inventories amounted to $104.1 million, a decrease from $408.1 million on June 30, 2025[43] - Grants receivable increased from $0.2 million on June 30, 2025, to $0.5 million on September 30, 2025[44] - The Company completed a DOE project with cumulative funds invoiced totaling $2.3 million, representing 100% of eligible reimbursements[46] Debt and Financing - The Company amended the Purchase Agreement to issue a new series of senior secured convertible notes (the "2024 Notes") totaling $12.0 million, with a discount of $2.1 million[68] - The 2024 Notes bear zero coupon, mature on September 1, 2025, and require $5.0 million in cash to be maintained in a restricted account[68] - The Company recognized amortization of the debt discount of the 2024 Notes totaling $2.3 million for the fiscal year ended June 30, 2025[70] Tax Credits and Compliance - The Company has incurred qualifying expenditures for a tax credit of up to $19.5 million but will not recognize amounts until compliance assurance is met[50] - The Company has not incurred any qualifying expenditures toward an additional tax credit of up to $40.5 million as of September 30, 2025[52] Operational Focus - The company is focused on increasing domestic U.S. production of critical battery materials through exploration and commercialization of new technologies[19] - The Company began a third exploration program for its Tonopah Flats Lithium Project, involving 6,500 feet of total drilling[59] Stock-Based Compensation - Stock-based compensation expense for the three months ended September 30, 2025, was $2.3 million, compared to $3.2 million for the same period in 2024[105] - The Company recognized $18.1 million of unamortized expenses related to outstanding equity compensation awards to be recognized over a remaining weighted-average period of 3.5 years[106] Other Financial Metrics - The operating lease cost for the three months ended September 30, 2025, was $144,511 compared to $86,937 for the same period in 2024[78] - Total accounts payable and accrued liabilities decreased to $5.2 million as of September 30, 2025, from $5.8 million on June 30, 2025[64]

Core Insights - American Battery Technology Company (ABTC) has been contracted by the U.S. Environmental Protection Agency (EPA) to recycle end-of-life lithium-ion batteries from the largest cleanup operation in EPA history, focusing on safe processing of damaged battery materials [1][2][3] - ABTC has enhanced its Nevada facility to handle large-scale shipments of damaged battery materials, which are being processed under strict EPA oversight [1][2][4] - The project aims to recover valuable critical materials such as lithium, cobalt, nickel, aluminum, steel, and copper, contributing to a closed-loop U.S. critical mineral manufacturing supply chain [3][5] Company Developments - ABTC is one of the few battery recyclers in the Western U.S. approved to handle batteries classified as CERCLA waste, which includes those damaged in large-scale thermal events [2][3] - The estimated value of recycled products generated from processing all battery materials from the cleanup site is approximately $30 million at current market prices [4] - The company is committed to a circular supply chain for battery metals and is focused on innovating technologies to support the electrification transition and sustainable energy future [7][8] Industry Context - The cleanup operation underscores the increasing need for specialized battery recycling capabilities as electric vehicles, grid storage systems, and consumer electronics continue to proliferate [5] - The collaboration between industry leaders and regulators is establishing safety and materials management standards for future large-scale battery facilities [5] - The project aligns with national efforts to enhance domestic critical mineral recycling infrastructure, addressing challenges in managing damaged lithium-ion batteries [3][5]

Core Insights - American Battery Technology Company (ABTC) participated in the IEA Energy Innovation Forum 2025, highlighting its role in advancing sustainable energy solutions and critical battery materials [1][5] - CEO Ryan Melsert was invited to give the opening talk on securing critical battery mineral supplies, emphasizing the importance of innovation in energy technology [2][3] Company Overview - ABTC is recognized as a leader in clean energy solutions, focusing on battery recycling and sustainable mining of lithium, essential for the transition to renewable energy [4] - The company is committed to a circular supply chain for battery metals, aiming to meet the growing demand from electric vehicles, stationary storage, and consumer electronics [6] Industry Context - The IEA Energy Innovation Forum brought together 200 international experts to discuss energy technology innovation, with outcomes intended to inform the G7 Energy and Environment Ministers' Meeting [2] - Key topics discussed included artificial intelligence for energy technology, carbon dioxide removal, and battery mineral resilience, underscoring the need for international cooperation in the clean energy transition [3]

Core Viewpoint - American Battery Technology Company is under investigation for potential securities fraud following the termination of a significant grant from the U.S. Department of Energy, which has led to a substantial decline in its stock price [1][2]. Group 1: Investigation Details - Pomerantz LLP is investigating claims on behalf of investors of American Battery Technology Company regarding possible securities fraud or unlawful business practices by the company and its officers/directors [1]. - The investigation was prompted by the disclosure that the U.S. Department of Energy terminated a grant that would have provided $57.7 million for the construction of a commercial scale facility for manufacturing battery cathode grade lithium hydroxide [2]. Group 2: Financial Impact - Following the announcement of the grant termination, American Battery's stock price dropped by $6.48 per share, representing a 57.19% decline, closing at $1.85 per share on October 17, 2025 [2].