INCLINE VILLAGE, NV / ACCESSWIRE / October 1, 2019 / American Battery Metals Corporation (OTCQB:ABML) (the "Company"), a premier battery metal exploration and development company based in Nevada, attended the invite-only Department of Energy's Energy Efficiency and Renewable Energy office roundtable in Golden, CO.
The meeting agenda focused on "Ensuring the United States Domestic Battery Manufacturing Competitiveness." The roundtable was divided into two sessions, battery materials and the materials supply chain.
American Battery Metals Corporation was invited to participate because of the company's vertically integrated strategy and innovative, closed loop solutions for the battery metals supply chain.
The event included leaders from the United States Departments of Energy and Interior, the US Geological Service, and various national laboratories including Argonne, Oakridge, the US Army, Pacific Northwest, and Idaho National lab. Global companies in attendance included Ford, General Motors, Fiat Chrysler, Tesla, BASF, Dow-Dupont, and LGChem.
"American Battery Metals Corporation was honored to be a part of this amazing group of industry and research leaders," said American Battery Metal Corporation's Head of Business Development Doug Nickle, who represented the Company at the event.
"The Department of Energy was very clear in its intent to do whatever it takes to assist industry as we find market solutions that will enable the U.S. to become less reliant on foreign sources of critical minerals. This is every bit a national security interest, said Nickle."
During the roundtable, Nickle was asked what solutions American Battery Metals Corporation offers to ensure US competitiveness in the battery metals supply chain. Nickle described ABMC's verticals, including its exploration and mining programs, proprietary lithium extraction technology, and battery recycling program. "Each vertical can operate as a stand alone business unit, and each also provides an integrated set of solutions to the fundamental challenges in the up and downstream supply chain."
American Battery Metals Corporation
American Battery Metals Corporation (www.batterymetals.com) (OTCQB:ABML) is a premier battery metal exploration and development company based in Nevada. The company is focused on its Railroad Valley battery metal project in Nevada with the goal of becoming a substantial domestic supplier of battery metals to the increasing electric vehicles and battery storage markets in America.
For more information, please visit:www.batterymetals.com
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including those with respect to the expected project economics for Western Nevada Basin (Railroad Valley), including estimates of life of mine, average production, cash costs, AISC, initial CAPEX, sustaining CAPEX, pre-tax IRR, pre-tax NPV, net cash flows and recovery rates, the impact of self-mining versus contract mining, the timing to obtain necessary permits, the submission of the project for final investment approval and the timing of initial gold production after investment approval and full financing, metallurgy and processing expectations, the mineral resource estimate, expectations regarding the ability to expand the mineral resource through future drilling, ongoing work to be conducted at the Western Nevada Basin (Railroad Valley), and the potential results of such efforts, the potential commissioning of a Pre-Feasibility study and the effects on timing of the project, are "forward-looking statements." Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. Potential risks and uncertainties include, among others, interpretations or reinterpretations of geologic information, unfavorable exploration results, inability to obtain permits required for future exploration, development or production, general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices, final investment approval and the ability to obtain necessary financing on acceptable terms or at all. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company's filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the year ended September 30, 2018. The Company assumes no obligation to update any of the information contained or referenced in this press release.
SOURCE: American Battery Metals Corporation