American Battery Technology’s (OTCMKTS:ABML) Appoints Research and Development Director

March 29, 2022March 29, 2022 Ash K $ABML, $ABML news, $ABML stock, $American Battery Technology (OTCMKTS:ABML), $OTCMKTS:ABML

American Battery Technology’s (OTCMKTS:ABML) bid to become a key player in the lithium-ion battery recycling space has received a boost with the appointment of Dr. York Smith as the new Director of Research and Development. He joins the company with over 15 years of experience in applied sciences in chemical engineering and sustainable technology processes.

Market Stats

On Monday, ABML stock went up 2.80% to $1.10 with more than 2.17 million shares, compared to its average volume of 2.52 million shares. The stock moved within a range of $1.0400 – 1.1000 after opening trading at $1.07.

American Battery Technology Company Hires Industry Expert as Director of Research and Development

Under his new role, Dr. Smith will oversee the company’s team of scientists at the Research Development Centre at the University of Nevada and within the cleantech incubator Greentown labs. Top on the agenda will be developing and evolving in-house battery metals extraction technologies.

Dr. Smith’s expertise and experience will be of great help as American Battery Technology looks to develop scientifically sound and environmentally low-impact technologies. The technologies are of great importance in the race for sustainable future, and electric vehicle revolution.

American Battery Technology CEO Ryan Melsert expects Dr. Smith’s leadership and experience to strengthen and expand the maturation and commercialization of battery metal extraction technologies. The company is looking to become a supplier of, low cost low environmentally impact battery metals.

Key Quote

“Much of my prior research has focused on solving some of the fundamental challenges related to materials processing and sustainability,” said American Battery Technology Company Director of Research and Development, Dr. York Smith.

Traders Corner

ABML stock is trading above the 20-Day and 50-Day Moving averages of $1 and $0.94 respectively. However, the stock is trading below the 200-Day moving average of $1.32.