Battery Recycling

Battery X Metals Inc. (CSE:BATX)(OTCQB:BATXF)(FSE:5YW) confirms October 28, 2025, as the effective date for a 20:1 strategic share consolidation, reducing outstanding shares from 70.2 million to 3.5 million. The company aims to enhance its capital structure, broaden market appeal, attract investors, and facilitate future financing for its operations and growth plans. This consolidation is part of Battery X Metals’ “360° strategy,” encompassing battery metals exploration, rebalancing, and recycling. New identifiers are CUSIP 07135M302 and ISIN CA07135M3021.

American Battery Technology Company (ABAT) reported strong Q3 FY25 financials, with battery recycling revenue tripling to $1.0M while cash cost rose 9% to $2.3M. Throughput surged 120% via 24/7 operations. Its Nevada lithium hydroxide pilot plant, targeting a 30,000-tonne commercial project, achieved milestones using domestic claystone. A $900M Ex-Im Bank LOI boosts confidence in ABAT’s U.S.-centric lithium strategy to counter Asian dominance. Liquidity stands at $7.8M plus $11.45M from divestitures, avoiding dilution. Increasing government grants ($2.0M vs. $1.3M YoY) ease R&D strain. Investors assess if federal backing sustains growth without cash burn.