American Battery Metals Corporation (OTCQB:ABML) noted that its chief executive officer Doug Cole discussed recent proposals made by a panel on renewable energy at the Nevada Mining Association’s annual convention earlier this month.
“Discussions about renewables and environmentally sustainable mining practices are crucial- and time-sensitive,” Cole told the panel, American Battery Metals said in a statement on Wednesday.
The company also noted that panelist Jaina Moan, an external affairs director for The Nature Conservancy said during the discussion that: “Renewable energy deployment ... can also support mining operations.”
Moan continued: “These considerations can also be made from mining companies who are in the exploration phase in thinking about their operating plans ... and including renewable energy on that.”
Cole agreed, stating: “Mining companies must continually evolve to operate in environmentally responsible ways. American Battery Metals Corporation takes seriously our responsibility to be good stewards of the lands and surrounding communities where we operate.”
The goal is to provide cost effective power
When asked how American Battery Metals Corporation executes on its strategic plan with an eye on environmental sustainability, Cole said that American Battery Metals has proactively signed a Letter of Intent with renewable energy development company, Panel The Planet, Inc. to explore grid-tied or captive renewable energy project(s) on company owned land.
The goal is to provide cost effective power for the company’s lithium mining and processing operations and also to potentially generate ancillary revenue for the company through power purchase agreements (PPAs) with state of Nevada utility NV Energy, he added.
In the statement, American Battery Metals’ head of business development Doug Nickle also said: “Renewable energy deployment is positive, both economically and environmentally. We are excited to work with our partners, neighbors, and the state of Nevada to drive environmentally-friendly, innovative solutions for our mining and recycling programs.”
American Battery Metals Corporation 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.
Contact the author at [email protected]