American Battery Tech Shock: $115 Million Project Grant Axed, Stock Plunges

American Battery Technology Co.  (NASDAQ:ABAT) stock tumbled Thursday after the U.S. Department of Energy (DOE) terminated its federal grant for a $115 million Nevada lithium hydroxide project. ABAT stock is tumbling. See the real-time price action here. DOE Grant Canceled The grant, part of the DOE's Manufacturing Energy Supply Chain program, was designed to fund the construction of a commercial-scale lithium hydroxide production facility aimed at strengthening U.S. supply chain independence for EV batteri ...