American Battery Metals Corporation (OTCQB:ABML), which is in the process of changing its name to American Battery Technology Company, said it has been invited to join the advisory board of the Critical Materials Institute (CMI) as a representative of the lithium-ion battery recycling community.
The CMI is an Energy Innovation Hub of the US Department of Energy's Ames Laboratory. As a member of the advisory board, the company said it will provide CMI with guidance on strategic planning and its research & development portfolio and work with the institute to define and understand the technological challenges in the recycling industry and help delineate pre-competitive research direction.
READ: American Battery Metals achieves notable milestones in the development of its lithium-ion battery recycling pilot plant in Nevada
The firm said it was chosen for its technical capabilities and market knowledge to help CMI and its affiliates understand the challenges and opportunities of establishing a robust domestic US supply chain around lithium-ion battery recycling as well as to develop an understanding of the supportive government funding landscape.
"American Battery Technology Company is honored to join the CMI Advisory Board to represent the lithium-ion battery recycling community. There are significant opportunities for industry and CMI to work together to help ensure the responsible end-of-life management of these batteries and to help provide a low-cost domestic resource of the extracted critical materials”, the company’s chief technical officer Ryan Melsert said in a statement.
“American Battery Technology Company works extensively with several of the large cathode manufacturers in the United States, and looks forward to engaging other portions of the manufacturing supply chain to ensure an integrated domestic supply chain", he added.
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