American Battery Metals Corporation
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American Battery Metals Corporation Congratulates Nobel Prize Winners for Creation of Lithium-Ion Battery; New Battery Technology Will Require Even More Supplies of Critical Metal Feedstocks
Thursday, October 10, 2019 8:30 AM
INCLINE VILLAGE, NV / ACCESSWIRE / October 10, 2019 / American Battery Metals Corporation (OTCQB:ABML) (the "Company"), a premier battery metal exploration and development and battery recycling company based in Nevada, today congratulated the three scientists who have been awarded the 2019 Nobel Prize in Chemistry for their foundational work in the creation of lithium-ion batteries.
John B Goodenough, M. Stanley Whittingham and Akira Yoshino share the prize for their work. Goodenough, at 97, is the oldest ever Nobel laureate.
The technical team at American Battery Metals Corporation has nothing but praise for the career work and achievements of the Nobel prize winners.
American Battery Metal Corporation's senior chemist Axel Drefahl said, "Goodenough's work not only triggered a breakthrough in battery technology, his amazing career in chemistry and materials engineering highlights the importance of combining experimental investigation with physico-chemical analysis and smart materials-design techniques."
American Battery Metal Corporation's Chief Technology Officer, Ryan Melsert, said, "The work of these pioneers laid the foundation for the impressive technology that constitutes today's' lithium-ion cells, and American Battery Metal Corporation is privileged to continue to work with battery R&D and manufacturing groups throughout the world to ensure that the primary and recycled battery metal feedstocks that we produce will serve the needs of today's' and future battery cells."
Melsert continued, "As more advanced material and cell technologies move from R&D laboratories in to high volume manufacturing, the ubiquity of the lithium-ion cell will continue to grow and the importance of being able to secure high-quality and domestically-sourced battery metal feedstocks will only increase."
American Battery Metals Corporation is meeting the supply chain challenges with innovative solutions. The company's vertical strategies leverage its exploration and mining operations with self-supporting extraction and battery recycling divisions. American Battery Metal Corporation's extraction technology will bring new resources online faster, while the company's recycling technology will "mine" critical metals from scrap and end-of-life battery feedstocks in an environmentally sustainable manner, then redeploying the recovered lithium, cobalt, nickel, manganese, copper, and aluminum back into the supply chain.
American Battery Metals Corporation
American Battery Metals Corporation (www.batterymetals.com) (OTCQB:ABML) is a premier battery metal exploration and development and battery recycling 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