American Battery Metals Corporation (OTCMKTS:ABML) has revealed that it recently attended a Department of Energy, invite-only Energy Efficiency and Renewable Energy office roundtable in Golden, Colorado.
In a statement, the company said the meeting agenda focused on 'Ensuring the United States Domestic Battery Manufacturing Competitiveness'.The roundtable was divided into two sessions, battery materials and the materials supply chain, it added.
American Battery Metals pointed out that it was invited to participate because of the company's vertically integrated strategy and innovative, closed-loop solutions for the battery-metals supply chain.
READ: American Battery Metals CEO Doug Cole says the US must do more to compete in the global critical minerals market
The event included leaders from the US departments of Energy and Interior, the US Geological Service, and various national laboratories including Argonne, Oakridge, the US Army, Pacific Northwest, and Idaho National lab. Global companies in attendance included Ford Motor Company (NASDAQ:F), General Motors Company (NYSE:GM), Fiat Chrysler (NYSE:FCAU), and Tesla Inc (NASDAQ:TSLA), among others.
"American Battery Metals Corporation was honored to be a part of this amazing group of industry and research leaders," said Doug Nickle,head of business development, who represented the company at the event.
"The Department of Energy was very clear in its intent to do whatever it takes to assist industry as we find market solutions that will enable the US to become less reliant on foreign sources of critical minerals. This is every bit a national security interest," he added.
During the roundtable, Nickle said, he was asked what solutions American Battery Metals offers to ensure US competitiveness in the battery metals supply chain.
He described the company’s verticals, including its exploration and mining programs, proprietary lithium extraction technology, and battery recycling program.
"Each vertical can operate as a stand-alone business unit, and each also provides an integrated set of solutions to the fundamental challenges in the up and downstream supply chain," Nickle pointed out.
American Battery Metals is a resource exploration and development company with a focus on establishing 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 is based in Incline Village, Nevada.
The company’s stock recently traded up 3.3% to $0.06 a share on the OTC Markets.
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