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Wednesday, 02/12/2020 8:49:20 AM

Wednesday, February 12, 2020 8:49:20 AM

Post# of 48088
ABML... CEO worked for Telsa with Musk... Partnership most likely. Good Luck to ya.

Yesterdays PR:

American Battery Metals Corporation's Business Verticals Are Drawing Interest From Auto And Battery Manufacturers

Near the end of 2019, Tesla's Founder and CEO Elon Musk told a technology audience, "There's not much point in adding product complexity if we don't have enough batteries." In a follow up tease, he said, "We might get into the mining business."

Musk's comments are emblematic of the sentiment of global automakers who are shifting their focus from internal combustion engine (ICE) powered vehicles to Electric Vehicles (EV). This is causing many automakers to seek relationships directly with upstream suppliers of critical minerals. Battery metals- like lithium, cobalt, nickel, manganese, and aluminum- are fundamental to the manufacture of the batteries that power electric vehicles.

American Battery Metals Corporation CEO Doug Cole says, "It makes sense that automakers want to forge relationships with companies that bring metals like lithium to the market. But they don't really need or want to get into the mining business; they simply want to guarantee a steady, trusted supply of resources so they can accurately plan and deliver on their EV production forecasts."

What inspires confidence for automakers in such a direct relationship? After all, car makers make cars. Resource production companies mine for raw materials.



I'm here for my money

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