RENO, Nev., Aug. 26, 2024 /PRNewswire/ — American Battery Technology Company (NASDAQ: ABAT), an integrated critical battery materials company commercializing technologies for both primary battery minerals manufacturing and secondary mineral lithium-ion battery recycling, has appointed Steven Wu as its new Chief Operating Officer (COO). Mr. Wu brings extensive experience from his previous company in successfully scaling first-of-its-kind technologies into high-volume, customized manufacturing operations, a highly transferable skillset as American Battery Technology Company (ABTC) advances commercialization for strategic customers in North America and intensifies efforts to onshore and build a resilient battery metals supply chain.
“We are thrilled to welcome Steven to the team at this exciting and important stage of growing our commercialization efforts,” said ABTC CEO Ryan Melsert. “As we complete our initial design and commissioning phase, Steven brings the skills and experience necessary to scale our commercial operations, build a proactive and productive team, and innovate and implement a ground-up mass production operation to meet the needs of our domestic strategic partners as they scale their critical battery materials solutions domestically.”
Mr. Wu has extensive experience operationalizing innovative technologies manufactured in customized facilities and deployed in first-of-its-kind products at global companies. As Director of Products and Programs at Rivian, he led efforts to launch products, set and drive achievement of objectives and key results (OKRs), and build and manage partnerships with key customers and suppliers. While working as Head of New Product Introduction at autonomous vehicle startup Nuro, he developed and led revenue generation initiatives, led partnerships with OEMs, led manufacturing and process improvement operations, commissioned facilities, and managed the scale-up of in-house manufacturing operations. He also worked as Operations Group Manager at Uber and Global Supply Manager at Apple, where he was involved in scaling product production internationally and in the US. Each of Mr. Wu's previous experiences have grown to include leading the global scale-up of new technologies for high-volume brownfield manufacturing facilities and demonstrating his ability to build large cross-functional operational teams.
“I am excited to take on this role at a time of transformation for ABTC towards broad commercialization,” said Steven Wu, incoming COO of ABTC. “I share Ryan's vision to drive accelerated, efficient and smart growth as the company leads the effort to secure a domestic, sustainable supply of battery metals to enable the transition to electrification.”
In his role at ABTC, Wu will be responsible for accelerating the current stages of ramping up and running the company's first integrated lithium-ion battery recycling facility and pilot plant producing lithium hydroxide from primary clay rock, and advancing these technologies towards wider commercialization and adoption. He will oversee ABTC's manufacturing operations as well as work closely with ABTC's leadership team across the organization on growth initiatives.
Mr. Wu graduated from Rutgers University with a Bachelor's degree in Electrical and Computer Engineering.
He succeeds Andres Mesa, who served as COO for more than three years and is stepping down to pursue other opportunities. “Andres has been an integral part of driving ABTC's fundamental growth and success to date, and we are grateful for his contributions,” Melsert continued.
About American Battery Technology Company
American Battery Technology Company (ABTC), headquartered in Reno, Nevada, has developed a first-of-its-kind technology to unlock domestically produced and recycled battery metals that are essential to meet the significant demand from the electric vehicle, stationary energy storage and consumer electronics industries. Committed to a circular supply chain for battery metals, ABTC is committed to continually innovating and mastering new battery metals technologies that will drive the global transition to electrification and a sustainable energy future.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are “forward-looking statements.” Although management of American Battery Technology Company (the “Company”) believes that such forward-looking statements are reasonable, it can give no assurance that such expectations will or will prove to be correct. These forward-looking statements involve a number of risks and uncertainties that could cause the Company's future results to differ materially from expectations. Potential risks and uncertainties include risks and uncertainties related to the Company's ability to continue as a going concern, general economic conditions and conditions affecting the industry in which the Company operates, uncertainties of regulatory requirements and approvals, and fluctuations in mineral and commodity prices. Additional information regarding factors that could cause actual results to differ materially from these forward-looking statements is included in the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended June 30, 2023. The Company assumes no obligation to update the information contained or referenced in this press release.
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Source: American Battery Technology Company
