American Battery Tech Co (ABAT)

[lofdog3]

So much good information in this interview from late Dec. 2019

Knowing what we know after the last few PR’s reading between the lines there is a monster company beneath the surface here

The United States government is beginning to prepare for the green energy future with plans to stockpile vital battery metals like lithium, cobalt and nickel. As part of this process, key lawmakers and officials from the Department of Energy and Department of Defense met with Cole in Washington DC to discuss the importance of breaking the country’s reliance on foreign sources for key metals. As one of the few domestic battery metal producers, ABMC could become vital to the US efforts to maintain energy independence in the era of green energy.

We are a fully integrated company now. We own land in Railroad Valley, NV, where our 1300 claims span 26,000 acres on BLM land. We’ve done extensive geophysics and drilling and will continue to do more intensive land surveys and drilling. That’s silo number one.

Our second silo is our extraction business. It’s a proprietary, closed-loop, zero-waste extraction process. That means everything that comes out of the ground is either sold or returned back down to the earth in an environmentally-sustainable way. The advantage of our process is that there is no two-year wait to obtain the lithium, as is common with the conventional evaporation ponds used in South American projects. There’s no ruining the ground with multiple football-field-sized ponds cutting into the earth. In fact, once lithium comes out of the well, we can be producing it within eight hours into a salable product that can go directly into the supply chain.

The other thing that we are excited about with our extraction business is we’ll be able to extract other minerals in addition to lithium. We’ll be able to get clean water out of this to either help power our plant or to return to the underground aquifer. We are also going to get sodium carbonate- soda ash- an alkaline chemical used in many industrial applications.

Our third vertical- and with great near term value- is our battery recycling division. That’s what really completes us as a fully integrated company. Lithium-ion based batteries are used in so many global applications today, including consumer electronics, electric vehicles, and energy storage. Those batteries, including the scrap materials, all require recycling and redeployment back into the supply chain..

There is a critical need for our recycling process right now. Only about five percent of all lithium batteries in the world get recycled today. Lithium batteries can be as small as those that power your smartphone or computer. 7000 laptop-sized batteries, all connected, create the necessary power for electric vehicles. Huge cells harness energy from renewables projects like solar and wind farms. Yet it is amazing that so few batteries get comprehensively recycled and reused. Our recycling plant will be up and operating by the second half of 2020, and will begin to feed a supply chain desperate for new resources to fill global demand for battery metals. So we view our recycling business as a major thrust for us that ties us together as a highly unique renewable energy technology company.


Source article worth a full read with Q&A:

https://investingnews.com/ceo-interviews/american-battery-metals-otcqb-abml-ceo-doug-cole-milestone/