Financial Performance - Q4 FY2025 revenue increased to $2.8 million, a 183% increase from $1.0 million in Q3 FY2025[13] - FY2025 revenue substantially increased to $4.3 million, a 1,149% increase from $0.3 million in FY2024[13] - FY2025 cash cost of goods sold increased by 483% to $10.5 million, compared to $1.8 million in FY2024, which is far below the rate of revenue growth[13] - FY2025 total operating expenses decreased 30% to $31.4 million, from $44.8 million in FY2024[13] - The company's cash balance was $25.4 million as of September 15, 2025[13] Battery Recycling Business - Q4 throughput at the first battery recycling facility increased 70% over Q3[17] - The company completed all requirements in its contract with the U S Advanced Battery Consortium (USCAR) in FY2025[17] - The company was awarded a $144 million grant from the U S DOE for the construction of a second battery recycling facility[17] Claystone to LiOH Business - The company successfully manufactured battery-grade lithium hydroxide from Nevada-based claystone at its multi-tonne per day integrated pilot facility[24] - The company completed all requirements in its $2.3 million grant award from the U S DOE for the claystone to lithium hydroxide pilot facility[25] - The company designed a commercial scale lithium refinery as part of its Tonopah Flats Lithium Project to manufacture 30,000 tonnes of lithium hydroxide per year[25] Other Highlights - The company's Tonopah Flats Lithium Project was selected as a Transparency Priority Project and a Covered Project to streamline permitting processes[28] - The company received an approved Letter of Interest from the US Export-Import Bank for a $900 million low-interest loan for the Tonopah Flats Lithium Project[28]

Core Points - American Battery Technology Company (ABTC) has received a Letter of Interest (LOI) from the Export-Import Bank of the United States (EXIM) for $900 million in financing to support the construction of a commercial-scale lithium mine and a lithium hydroxide refinery in Nevada [1][13][14] - The project aligns with EXIM's initiatives to promote domestic manufacturing of critical minerals and reduce reliance on foreign supply chains, particularly from China [2][14] - ABTC's lithium mine and refinery project is part of a broader U.S. government effort to increase domestic mineral production, as outlined in an Executive Order from March 2025 [3] Company Overview - ABTC is focused on commercializing technologies for primary battery minerals manufacturing and lithium-ion battery recycling [1][8] - The company has developed low-cost and low-impact technologies to extract lithium from unconventional claystone resources found in central Nevada [5][6] - ABTC has partnered with Black & Veatch for the design and construction of a 30,000 tonne per year lithium hydroxide refinery, which is based on one of the largest known lithium resources in the U.S. [4][13] Industry Context - The U.S. currently lacks large quantities of conventional lithium feedstock, which necessitates the development of alternative sources like the claystone in Nevada [5] - The demand for domestically produced lithium is critical for supporting the electric vehicle, stationary storage, and consumer electronics industries [8][6] - The EXIM Bank plays a vital role in supporting U.S. businesses by providing financing options to enhance competitiveness in global markets [9]