American company owning lithium ion battery recycling technology and advanced matteral extraction firm with resources in Nevada, American Battery Metals Corporation (OTCMKTS:ABML) on July 21, 2021 announced Doug Hamilton as the new Head of Policy.
The firm, which will be changing its name to American Battery Technology Company, will see Hamilton direct the firm’s domestic policy initiatives, including federal and state regulatory legislation as well as government grants. He will also oversee collaboration with organisations and industry partners. The Head of Policy brings significant experience and partnership knowledge and joined in January 2021, where he was key in creating, coordinating and implementing partnership strategies besides speadheadingthe organization’s sales strategy.
The company CEO Doug Cole said that the growing demand for battery material management makes it vital to support industry through sound policies and practices. Cole added that Doug’s experience in renewable energy will be very useful for the firm.
Hamilton has over 11 years experience within sales and business development sector. Before this, he was a professional educator for 13 years.
Hamilton said that the company’s solutions are central to the critical materials industry and also lead the country’s energy resources holistically. He added on working with partners for securing a domestic supply chain for meeting growing demand.
Market Reaction:
On Wednesday, ABML stock gained 2.274% at $1.69 with more than 915K shares, compared to its average volume of 3.60 million shares. The stock had moved within a range of $1.6300 – 1.7000 after opening the trade at $1.645. Over the past 52-week, the stock has been trading within a range of $0.0800 – 4.9000.
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