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American Battery Metals Corporation

American Battery Metals Corporation to save 'half a million dollars' from solar power partnership

American Battery Metals Corporation (OTCQB:ABML) CEO Doug Cole tells Proactive Investors the Nevada-based battery metals mining company has signed a Letter of Intent with solar panel developer Panel The Planet Inc, to help power its lithium extracting operations in Nevada.

Cole says while American Battery builds the lithium extraction plant on its site in Railroad Valley, it will then use Panel the Planet's panels to generate around 5 MW of power for the plant. Cole says the company can then sell the power to Nevada public utility company NV Energy, generating ancillary revenue streams.

Quick facts: American Battery Metals Corporation

Price: $0.09

Market: OTCMKTS
Market Cap: $10.89 m
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Full interview: American Battery Metals Corporation recruits former Tesla...

American Battery Metals Corporation (OTCQB: ABML) CEO Doug Cole tells Proactive the lithium explorer has hired Ryan Melsert, former R&D manager of Battery Materials Processing at electric vehicles manufacturer Tesla. Cole says Melsert, who holds a degree in Mechanical Engineering, as well...

5 hours, 56 minutes ago

2 min read