American Battery Metals Corporation (OTCQB:ABML) has hired former Telsa manager Ryan Melsert to head the company’s battery metal extraction and battery recycling divisions, the company announced Wednesday.
American Battery’s stock jumped 45% to as high as US$0.09 on the OTC Markets following the hiring news.
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Melsert founded and led a 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.
American Battery said 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.
Prior to that, Melsert worked as Tesla’s senior mechanical design engineer, focused on waste solvent refining and the creation of a closed-loop fresh-water and waste-water system.
He was one of the initial employees at Tesla’s Sparks, Nevada location, working from a temporary trailer before the foundation for the current Gigafactory was even poured.
Previously, Melsert also worked for Southern Research as a manager within its advanced energy and transportation technologies division.
There he developed first-of-kind systems for the extraction of aqueous lithium and generation of electricity from geothermal brines, for the grid-scale storage of high-temperature thermochemical energy, for the conversion of biomass and coal feedstocks into diesel and jet fuels, and for CO2-emission free power generation from biomass and coal feedstocks.
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American Battery Metals CEO Doug Cole praised Melsert’s experience and background.
"The hiring of Ryan Melsert will accelerate the development and implementation of our proprietary battery metal extraction technologies and battery recycling programs,” he said. “Mr. Melsert is a true innovator and battery and energy systems expert."
Cole added: "I cannot overstate how significant it is that Ryan has joined our team. He will advance our timetable for our extraction and recycling divisions, bringing immediate, transformational value to American Battery Metals Corporation and our strategic partners."
Melsert studied in the Mechanical Engineering PhD program at the Georgia Institute of Technology, where he also earned his MBA in Strategic Management and Entrepreneurship, as well as his MS in Mechanical Engineering. He earned Bachelor of Science degrees in Mechanical Engineering and Engineering Science at Penn State University.
The resource exploration and development company’s top focus is the establishment of a low cost, environmentally sound production base to supply the rapidly growing lithium-ion battery industry for both mobile devices and laptops, as well as the burgeoning electronic vehicle industry. It’s based in Incline Village, Nevada.
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