Eagle Plains Reports Anomalous Radioactivity at Don Lake Uranium Project

American Battery Technology Company reported its first-ever adjusted gross profit on its fiscal year 2026 earnings call on September 14, even as CEO Ryan Melsert disclosed a federal directive that effectively bans exports of black mass unless the company obtains a specific exception. Revenue at its flagship recycling facility jumped more than 400% year over year to $21.7 million, while cost of goods sold rose only 67% and operating cash spend fell 16%, pushing adjusted gross profit to $1.7 million from a $6.2 million loss a year earlier. Cash climbed to $49.5 million as of June 30, 2026, total assets reached $133 million, and the company erased all long-term debt. A second recycling facility planned for the Southeast U.S., designed to process 100,000 tons of batteries a year, is backed by a $150 million Department of Energy grant, and a separate $10 million DOE grant funds three next-generation recycling technologies; the Bureau of Land Management also certified the plan of operations for the Tonopah lithium project in Nevada, which holds 21.3 million tons of lithium hydroxide including 2.7 million tons of proven and probable reserves. American Battery Technology has submitted a request for the black mass export exception but had received no formal response from the Department of Commerce as of the call, and short interest sits at 16.38% of the float against a forward P/E of 37.74 as of September 16.

EagleOne Metals Corporation announced executive management and Board changes as the company advances a renewed strategic focus on the uranium sector. Effective September 14, 2026, Shane Lowry has been appointed Interim Chief Executive Officer and a Director, while founder Matthew Markin, who had served as CEO since inception, transitions to Chief Financial Officer while remaining a Director. Barry Wattenberg has stepped down as Chief Financial Officer but continues as a Director, and Robert Reukl has resigned as a Director. The company reconstituted its Audit Committee to consist of Howard Blank, Robert Hall and Shane Lowry, with Blank continuing as Chair. EagleOne said it intends to evaluate opportunities involving uranium assets and companies while continuing to assess opportunities across its existing portfolio, citing growing global interest in uranium and nuclear energy, including increasing attention to the sector in the United States.