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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: 0.0899 USD

OTCQB:ABML
Market: OTCQB
Market Cap: $14.94 m
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Full interview: American Battery Metals Corporation reveals 'exciting'...

American Battery Metals Corporation (OTCMKTS:ABML) Chief Technology Officer Ryan Melsert reveals to Proactive its been an exciting last few months, as the company has been making progress on its battery recycling technology within the Greentown Labs/BASF Circularity Challenge accelerator program...

2 weeks, 3 days ago

2 min read