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American Battery Metals CEO Doug Cole has a vision to redefine lithium extraction

Lithium extraction typically involves pumping brine into environmentally damaging solar evaporation ponds — a process Cole wants to change

Lithium evaporation ponds
The traditional evaporation process can take up to two years, often gets delayed by rainfall and causes significant disruption to the surrounding land surface ecosystem

American Battery Metals Corporation (OTCMKTS:ABML) is plotting a course to be a model of environmental sustainability in the extraction of lithium from brine resources. 

The Nevada-based company is developing a cost-effective lithium-extraction method that can deliver highly pure lithium, while avoiding the environmental risks of traditional methods. 

Lithium extraction, particularly in South America, typically involves pumping brine water from underground aquifers up to the surface into large solar evaporation ponds. From there, the water evaporates away, revealing the lithium. The problem, CEO Doug Cole explained, is that the process can take up to two years, often gets delayed by rainfall and causes significant disruption to the surrounding land surface ecosystem.

READ: American Battery Metals CEO touts benefits of lithium-ion battery recycling

"The American Battery Metals Corporation team is diligently working with our expert strategic partners to create the most efficient, cost-effective and state-of-the-art extraction technologies," Cole said in a statement. "The American Battery Metals Corporation extraction process will be environmentally sound and will not require the unsustainable and inefficient evaporation ponds associated with lithium-from brine mining in South America."

Cole expects the lithium his company extracts to be pure enough to refine into lithium carbonate or lithium hydroxide, the two main constituents used in lithium battery manufacturing.

What’s more, the company will be able to tailor its process to the specific mineral composition and chemical makeup of the brine.

"As a value-add, the ‘made in the USA’ American Battery Metals Corporation extraction process will be specifically-tailored to our brine resource, and it can be replicated for licensing to other companies with fluid-based resources," Cole said.

In addition to lithium extraction, American Battery Metals operates a lithium mining operation in Nevada’s Railroad Valley and is developing a lithium-ion battery recycling technology.

Contact Andrew Kessel at andrew.kessel@proactiveinvestors.com 

Follow him on Twitter @andrew_kessel

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Price: 0.1428 USD

OTCQB:ABML
Market: OTCQB
Market Cap: $64.5 m
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