Leading the Company's Efforts on the Initial Construction Phase of its First Lithium-Ion Battery Recycling Facility
INCLINE VILLAGE, NV / ACCESSWIRE / September 9, 2020 / American Battery Metals Corporation (OTCQB:ABML) (the "Company"), an American-owned lithium-ion battery recycling and advanced extraction technology company with valuable mineral resources in Nevada, is pleased to announce the appointment of Ryan Melsert to the Company's Board of Directors.
Melsert is American Battery Metals Corporation's Chief Technical Officer and a fundamental, driving force behind the Company's lithium-ion battery recycling and extraction technologies.
"Ryan is uniquely qualified to be an officer of our company and to serve on our Board as a Director," stated, American Battery Metals Corporation, Chief Executive Officer Doug Cole. "He is one of the world's brightest minds in the battery metals and manufacturing industries, and he is also a strategic business thinker who knows how to turn market challenges into opportunities."
Melsert joined American Battery Metals Corporation, which is currently in the process of changing its name to American Battery Technology Company, in September of 2019. Upon his appointment as Chief Technology Officer, Melsert made an immediate impact, winning the coveted Greentown Labs/BASF Circularity Challenge award for the Company's first-of-kind lithium ion battery recycling process. Melsert has assembled a qualified technical team of experts in chemistry, battery engineering, and plant operations. Under his direction, American Battery Metals Corporation is rapidly advancing toward the initial construction phase of its first lithium-ion battery recycling facility in Nevada.
"I'm grateful for the appointment to the board," comments, Melsert. "Our team is motivated and eager to launch our battery recycling facility, to begin producing high quality, battery grade metals from end of life batteries and manufacturing scrap materials feedstock."
Prior to joining American Battery Metals Corporation, Ryan Melsert was the R&D Manager for Tesla's Gigafactory Battery Materials Processing group. He founded and led the cross-functional team of mechanical and chemical engineers who implemented first principles design to develop novel first-of-kind systems for the extraction, purification, and synthesis of precursor and active battery materials. This development scope included the fundamental conceptual design, rigorous thermodynamic and process modeling, design and fabrication of bench-scale prototypes, construction and operation of integrated pilot systems, and implementation of commercial-scale systems for the processing of battery materials.
American Battery Metals Corporation
American Battery Metals Corporation (www.batterymetals.com) (OTCQB:ABML) is an American-owned lithium-ion battery recycling technology and advanced extraction company with extensive mineral resources in Nevada. The company is focused on its lithium-ion battery recycling and resource production projects in Nevada, with the goal of becoming a substantial domestic supplier of battery metals to the rapidly growing electric vehicle and battery storage markets.
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, 2019. The Company assumes no obligation to update any of the information contained or referenced in this press release.
SOURCE: American Battery Metals Corporation