Announcement • May 13
American Battery Materials Provides Operational Update on Lisbon Valley Development Evaluation American Battery Materials, Inc. provided an operational update regarding ongoing evaluation activities at its Lisbon Valley Project in San Juan County, Utah. The Company has been actively receiving and reviewing preliminary engineering assessments and capital cost estimates associated with the potential development of a full-scale Direct Lithium Extraction and mineral processing facility at its Lisbon Valley land position. The conceptual facility under evaluation is being designed to support the potential production of approximately 10,000 metric tons annually of lithium carbonate equivalent, in addition to approximately 20,000 metric tons annually of magnesium ingots. ABM’s ongoing evaluation process is focused on assessing commercially viable processing technologies, infrastructure requirements, and estimated development costs associated with a vertically integrated domestic critical minerals platform. According to the International Energy Agency and Bloomberg NEF, global lithium demand is projected to increase significantly over the balance of the decade as electric vehicle adoption, grid-scale energy storage deployment, and broader electrification trends continue to accelerate. While the United States remains one of the world’s largest end markets for battery materials, domestic production capacity for lithium and magnesium remains limited, contributing to continued reliance on foreign supply sources. Recent legislative and policy developments focused on permitting efficiency and domestic resource development are encouraging indicators for the broader critical minerals sector. ABM believes these trends may contribute to a more constructive environment for responsibly advancing strategically important mineral projects within the United States. Battery demand growth and in turn Lithium chemicals demand, should not be underestimated. Announcement • Jun 20
American Battery Materials, Inc. Expands its Strategic Extraction Efforts Beyond Lithium to Include Magnesium Recovery at its Project in Utah's Paradox Basin American Battery Materials Inc. announced that it is expanding its strategic extraction efforts beyond lithium to include magnesium recovery at its project in Utah's Paradox Basin. The Paradox Basin resource already recognized for its lithium concentrations also contains high levels of magnesium. ABM's mineral rights cover 743 claims across 14,260 acres, offering a unique opportunity to co-extract lithium and magnesium using advanced Direct Lithium Extraction (DLE) techniques. ABM's efforts to recover magnesium is a natural progression of mission to support the U.S. energy transition. ABM's DLE-based approach is designed to efficiently recover both lithium and magnesium with minimal environmental impact. The company's closed-loop extraction system returns the majority of extracted brine to its source, significantly reducing land usage and eliminating the need for open-pit mining or evaporation ponds. Announcement • Jan 15
American Battery Materials, Inc. Appoints Joseph E. Mullin to Its Advisory Board American Battery Materials, Inc. announced the appointment of Joseph E. Mullin to its Advisory Board. Joseph Mullin brings more than 30 years of experience in mineral exploration and corporate finance to the Company. He currently serves as CEO of Pure Energy Minerals Ltd., where he oversees lithium brine projects in Nevada, and CEO of Rise Gold Corp., focused on a past-producing gold mine in California. His career also includes leadership roles at Virginia Energy Resources, Inc. and QuestEx Gold & Copper Ltd.Mr. Mullin began his career in the Investment Banking division of Goldman Sachs, covering Latin America. 
