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Benzinga
Benzinga
Business
Henry Khederian

American Battery Technology (ABAT) Stock Is Rising: What's Going On?

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Shares of American Battery Technology Co (NASDAQ:ABAT) are trading higher Monday morning after the company announced it has completed a critical step in developing its Tonopah Flats Lithium Project in Nevada. Here’s what investors need to know.

What To Know: American Battery has finished all required National Environmental Policy Act (NEPA) baseline studies and submitted them to the U.S. Bureau of Land Management. This marks a major milestone, concluding what the company said was a two-year effort involving 21 comprehensive studies.

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