Former Tesla Battery Materials Processing R&D Manager is Also Head of the Company's Battery Metal Extraction and Battery Recycling Divisions
INCLINE VILLAGE, NV / ACCESSWIRE / October 7, 2019 / American Battery Metals Corporation (OTCQB:ABML) (the 'Company'), a premier battery metal exploration and development company based in Nevada, today announced the appointment of Ryan Melsert as Chief Technology Officer. Melsert is the former R&D Manager for Tesla's Gigafactory Battery Materials Processing division and will also head up the Company's Battery Metal Extraction and Battery Recycling divisions.
Melsert is the recent former R&D Manager for Tesla's Gigafactory Battery Materials Processing group. He founded and led this cross-functional team of mechanical and chemical engineers who implemented first principles design to develop novel first-of-kind systems for the extraction, purification, and synthesis of precursor and active battery materials. This development scope included the fundamental conceptual design, rigorous thermodynamic and process modeling, design and fabrication of bench-scale prototypes, construction and operation of integrated pilot systems, and implementation of commercial scale systems for the processing of battery materials.
At American Battery Metals Corporation, Melsert will drive all aspects of the development and implementation of the company's proprietary battery metal extraction technology and battery recycling programs.
American Battery Metal Corporation Chief Executive Officer Doug Cole, stated, 'Ryan has unparalleled expertise in battery materials, renewable energy systems, and battery recycling. He will lead the growth and execution of our vertically integrated strategies.'
Melsert has already begun his work in earnest. 'American Battery Metals Corporation is unique in its focus on providing multiple solutions to address the challenges facing the battery metals supply chain,' he said. Melsert continued, 'Our exploration efforts are identifying new domestic battery mineral resources, our innovative extraction technologies will be harvesting these minerals and bringing additional virgin battery metals to the market, and our first-of-kind battery recycling system is supplementing this supply with secondary materials delivered directly back to the domestic battery metal supply chain.'
American Battery Metals Corporation
American Battery Metals Corporation (www.batterymetals.com) (OTCQB: ABML) is a premier battery metal exploration and development company based in Nevada. The company is focused on its Railroad Valley battery metal project in Nevada with the goal of becoming a substantial domestic supplier of battery metals to the increasing electric vehicles and battery storage markets in America.
For more information, please visit: www.batterymetals.com
This press release contains 'forward-looking statements' within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including those with respect to the expected project economics for Western Nevada Basin (Railroad Valley), including estimates of life of mine, average production, cash costs, AISC, initial CAPEX, sustaining CAPEX, pre-tax IRR, pre-tax NPV, net cash flows and recovery rates, the impact of self-mining versus contract mining, the timing to obtain necessary permits, the submission of the project for final investment approval and the timing of initial gold production after investment approval and full financing, metallurgy and processing expectations, the mineral resource estimate, expectations regarding the ability to expand the mineral resource through future drilling, ongoing work to be conducted at the Western Nevada Basin (Railroad Valley), and the potential results of such efforts, the potential commissioning of a Pre-Feasibility study and the effects on timing of the project, are 'forward-looking statements.' Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. Potential risks and uncertainties include, among others, interpretations or reinterpretations of geologic information, unfavorable exploration results, inability to obtain permits required for future exploration, development or production, general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices, final investment approval and the ability to obtain necessary financing on acceptable terms or at all. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company's filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the year ended September 30, 2018. The Company assumes no obligation to update any of the information contained or referenced in this press release.
SOURCE: American Battery Metals Corporation
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