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American Battery Metals sees signs of ‘signficant’ sodium carbonate reserves in Nevada's Railroad Valley

Company is conducting laboratory testing on drill-hole samples

American Battery Metals Corporation -   American Battery Metals Corporation may have found ‘signficant’ sodium carbonate reserves in the Railroad Valley of Western Nevada Basin
Sodium carbonate has many commercial and industrial applications, mainly in glass manufacturing

American Battery Metals Corporation (OTCQB:ABML) CEO Doug Cole says the company may have found “significant” sodium carbonate reserves in the Railroad Valley of Western Nevada Basin.

"Our extensive analysis of the Western Nevada Basin, in particular the vast Railroad Valley, indicates significant reserves of sodium carbonate, or soda ash," Cole said in a statement 

"American Battery Metals Corporation is currently conducting laboratory testing of sodium carbonate from Railroad Valley drill hole samples in an effort to optimize sodium carbonate extraction processes. Further analysis is ongoing."

READ: American Battery Metals discusses battery-metals independence on Capitol Hill

Sodium carbonate has many commercial and industrial applications, mainly in glass manufacturing, dry detergents, specialty chemicals and pharmaceuticals, the food industry, metallurgy, and textile & dye manufacturing.

Asia is the largest sodium carbonate market for production and consumption. The United States is the world’s second-largest producer.

The global soda ash market is expected to witness explosive growth of around $23.1 billion by 2022 with compound annual growth of about 4.9% between 2016 to 2022, the company said. 

American Battery Metals is a lithium resource exploration and development company, which operates a mining project in the Railroad Valley of Nye County, Nevada. Its goal is to become a top supplier of battery metals to America’s electric vehicles and battery storage markets.

Contact the author: [email protected]

Follow him on Twitter @PatrickMGraham

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OTCQB:ABML
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