Jun. 18 at 3:10 PM
$BLTH “Expanding our efforts to recover magnesium is a natural progression of our mission to support the U.S. energy transition,” said David E. Graber, CEO of American Battery Materials. “With demand for lightweight metals growing across the defense, aerospace, and automotive industries, developing a domestic magnesium supply chain is vital for national competitiveness and sustainability.”
Magnesium, recently identified as a critical material by the U.S. Department of Energy and the Department of Defense, is essential in a variety of high-growth sectors including electric vehicles, electronics, biodegradable medical implants, and lightweight structural components.
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001487718/000164117225015441/form8-k.htm