--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/100000000720488.md" description: "โšก ๐”๐๐ƒ๐€๐“๐„: $American Battery Tech(ABAT.US) American Battery Technology Wins Appeal, Restores $๐Ÿ๐Ÿ๐Ÿ“๐Œ DOE Grant๐Ÿ‘‰ ๐Š๐ž๐ฒ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:โžค DOE reinstates $๐Ÿ๐Ÿ๐Ÿ“๐Œ grant for the ๐“๐จ๐ง๐จ๐ฉ๐š๐ก ๐…๐ฅ๐š๐ญ๐ฌ Lithium Project.โžค Funding supports construction of a commercial-scale ๐ฅ๐ข๐ญ๐ก๐ข๐ฎ๐ฆ ๐ซ๐ž๐Ÿ๐ข๐ง๐ž๐ซ๐ฒ.โžค Original grant was terminated in October 2025 before a successful appeal.โžค DOE concluded continuation of the project was ๐ฐ๐š๐ซ๐ซ๐š๐ง๐ญ๐ž๐ after review.โžค Grant reinstated with ๐ง๐จ ๐œ๐ก๐š๐ง๐ ๐ž๐ฌ to funding levels or milestones.โžค Prefeasibility study projected $๐Ÿ.๐Ÿ“๐Ÿ•๐ NPV and ๐Ÿ๐Ÿ.๐Ÿ–% IRR.โžค Project remains a federal ๐๐ซ๐ข๐จ๐ซ๐ข๐ญ๐ฒ ๐๐ซ๐จ๐ฃ๐ž๐œ๐ญ for streamlined permitting.๐Ÿ’ฌ ๐„๐ฑ๐ฉ๐ž๐ซ๐ญ ๐’๐ญ๐š๐ญ๐ž๐ฆ๐ž๐ง๐ญ:โ€œWe are proud of our long-standing partnership with the U.S. Department of Energy,โ€ said Ryan Melsert, CEO of American Battery Technology Company.โ€œOf the hundreds of DOE grants terminated last Fall, very few have been able to successfully appeal the decisions and have their contracts reinstated.โ€" datetime: "2026-06-08T10:25:49.000Z" locales: - [en](https://longbridge.com/en/topics/100000000720488.md) - [zh-CN](https://longbridge.com/zh-CN/topics/100000000720488.md) - [zh-HK](https://longbridge.com/zh-HK/topics/100000000720488.md) author: "[Hardik Shah](https://longbridge.com/en/profiles/27423834.md)" generator: "portal-rs" --- # โšก ๐”๐๐ƒ๐€๐“๐„: $American Battery Tech(ABAT.US) Americaโ€ฆ ### Related Stocks - [RYAN.US](https://longbridge.com/en/quote/RYAN.US.md) - [ABAT.US](https://longbridge.com/en/quote/ABAT.US.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**