American Battery Materials submits annual fees for Utah mining claims
News provided byAmerican Battery Materials, Inc · 2 min read
GREENWICH, Conn., Sept. 03, 2026 /CourierPR/ -- American Battery Materials, Inc. has successfully submitted the required annual maintenance fees to the Bureau of Land Management (BLM) for its 743 federal placer mining claims at the Lisbon Valley Project in southeastern Utah. The submission was made in advance of the September 1 deadline, ensuring the continued validity of the claims.
The company’s submission, completed on August 28, 2026, is part of its ongoing efforts to maintain and advance the project. The Lisbon Valley Project spans approximately 14,320 acres in San Juan County, Utah, and represents the core mineral rights position supporting ABM’s evaluation and development planning for lithium and magnesium resources in the region.
David Graber, CEO and Chairman of American Battery Materials, commented, “Maintaining our claim position is a critical component of our asset stewardship strategy. The timely submission of our annual BLM requirements reflects our commitment to disciplined execution and preserving the foundation of our long-term U.S. critical minerals development plan.”
The BLM requires that federal mining claims on public lands submit annual maintenance payments to avoid forfeiture. ABM’s submission does not determine the validity of the claims or the existence of mineral resources, but it ensures the continued administrative processing of the claims.
ABM continues to advance its Lisbon Valley Project, a key element of its broader strategy to develop a scalable U.S.-based lithium and magnesium platform. The company is focused on sustainable extraction technologies and supporting the long-term domestic supply chain resilience.
The Lisbon Valley Project is part of ABM’s larger efforts to explore and develop critical minerals resources in the United States. The company’s goal is to build a sustainable platform aligned with domestic supply chain needs.
In related news, ABM’s forward-looking statements, including those regarding project advancement, development plans, and regulatory matters, are subject to various risks and uncertainties. These include the successful exploration and development of lithium and magnesium resources, obtaining necessary governmental permits, and the ability to secure commercial arrangements for future production.