American Battery Technology Company $(ABTC.UK)$ has reported a significant increase in its financial performance for the third quarter of fiscal year 2025, ending March 31, 2025. The company, which is focused on battery minerals manufacturing and lithium-ion battery recycling, has tripled its quarterly revenue to $1.0 million from the sale of recycled battery materials, compared to the previous quarter. This substantial growth is attributed to a 120% increase in battery recycling throughput, as the company has implemented multi-shift, 24/7 operations at its first battery recycling facility. Despite the increase in revenue, the cash cost of goods sold, excluding non-cash items like depreciation, rose to $2.3 million from $2.1 million in the previous quarter. As of March 31, 2025, ABTC reported $7.8 million in total cash on hand, with $2.8 million available and $5 million restricted. In terms of business operations, ABTC has designed a commercial-scale lithium refinery with a capacity of 30,000 tonnes of lithium hydroxide per year, and is negotiating long-term commercial offtake agreements with strategic customers. Additionally, the company has secured an approved Letter of Interest from the Export-Import Bank of the United States for a $900 million low-interest loan to support the construction of this facility. ABTC also announced recent agreements for asset sales, including the sale of a legacy property in Fernley, Nevada, expected to close by July 10, 2025, for $6.75 million, and a portion of its unused water rights in the same location, expected to close by May 21, 2025, for $4.7 million.