American Battery gains on deal with US national laboratory for lithium tech
15/07/2025 16:06
Updates ** Shares of critical mineral company American Battery Technology ABAT.O rise ~7% to $1.75 ** Awarded $1 million agreement by the U.S. Department of Energy's Argonne National Laboratory ReCell Center (Argonne) to advance lithium manufacturing technologies ** Part of efforts to advance domestically manufactured critical minerals to reduce reliance on foreign supply chains and support U.S. energy security ** ABAT also engaged with other U.S. DOE National Laboratories such as Idaho National Laboratory and National Renewable Energy Laboratory ** Including session moves, stock down 28.3% YTD (Reporting by Pooja Menon in Bengaluru) ((Pooja.Menon@thomsonreuters.com;))