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American Battery Metals: US can balance need for critical mineral resources while protecting the environment

'Smart, sustainable mining practices are not mutually exclusive to wise conservation policies'

American Battery Metals Corporation - American Battery Metals Corporation says US can balance need for critical mineral resource and renewable energy projects while protecting the environment
Headquartered in Incline Village, Nevada, American Battery Metals is a lithium resource exploration and development company

American Battery Metals Corporation (OTCMKTS:ABML) says the US can balance its need for critical mineral resource and renewable energy projects while protecting the environment. 

"The United States must take a forward-thinking, measured approach as the country seeks to break its reliance on foreign sources of critical minerals,” said Doug Nickle, the company’s head of business development and government affairs, in a statement Thursday. 

“Smart, sustainable mining practices are not mutually exclusive to wise conservation policies. At American Battery Metals Corporation, we are committed to environmentally friendly resource production and extraction of the critical metals that are necessary to fuel the energy transition to electric vehicles. Sustainability guides us in everything we do."

READ: American Battery Metals wins commitment for $10M capital investment; shares jump

Nickle’s comments were prompted by the recent Democratic presidential debate in Nevada on February 19 in which the issue of renewable energy versus conservation was raised.  

During the televised debate, moderator John Ralston brought up the matter with Democrat contender Senator Elizabeth Warren. Ralston stated: "The tension here in this state (Nevada) is between people who want renewable energy and people who want conservation on public lands. You've got to have lithium, you've got to have copper for renewable energy. How do you do that?"

Warren responded: "If we need to make exceptions because there are specific minerals that we've got to have access to, then we locate those and we do it not in a way that just is about the profits of giant industries, but in a way that is sustainable for the environment."

However, American Battery Metals noted that the US is contending with the economic and national security implications that necessitate the development of new domestic sources of the materials required for renewable energy systems.

"American Battery Metals Corporation is not only advancing its primary source projects, but is also taking immediate steps to address the e-waste challenges and opportunities presented by end of life lithium-ion batteries from consumer electronics and electric vehicles,” Nickle said. 

“Recycling scrap and end of life lithium-ion batteries is simply 're-mining' of a known source of lithium, cobalt, nickel, and manganese. It's profitable, sustainable, and provides a solution to a growing e-waste challenge. Every element we recycle and redeploy from a lithium-ion battery is one less unit that needs to be acquired through primary source mining."

As the electric vehicle and energy storage markets grow, American Battery Metals Corporations said it continues to execute on its fully integrated, closed-loop supply chain strategy.

Headquartered in Incline Village, Nevada, American Battery Metals is a lithium resource exploration and development company, which operates a mining project in the state’s Railroad Valley. The company’s goal is to become a top supplier of battery metals to America’s electric vehicles and battery storage markets and also to develop an effective battery recycling program.

Contact the author: [email protected]

Follow him on Twitter @PatrickMGraham

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Price: 0.1265 USD

OTCQB:ABML
Market: OTCQB
Market Cap: $43.81 m
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