Ellis Martin Report: Desert Mountain Energy (DMEHF) and Altech Batteries (ALTHF) Sign LOI for New Mexico SNC Battery Plant and REE Project
Desert Mountain Energy Corp. (CVE:DME) (OTCMKTS:DMEHF) and Altech Batteries Limited (ASX:ATC) (OTCMKTS:ALTHF) have entered into a Letter of Intent (LOI) to jointly advance a Sodium Nickel Chloride (SNC) battery manufacturing facility and rare earth extraction operation in Roswell, New Mexico, significantly strengthening the clean-energy and critical-minerals pathway between the United States and Australia.
The proposed project integrates:
Brine-derived sodium chloride and REEs sourced from Desert Mountain Energy's New Mexico operations
Altech's proven SNC battery technology, currently being deployed in a $170M plant under construction in Saxony, Germany
Closed-loop deionized-water systems suitable for AI data-center cooling, industrial operations, and optimized energy efficiency
Localized supply chains and workforce development supporting New Mexico's growing clean-energy economy
A non-flammable, fully recyclable alternative to conventional lithium-ion storage
A scalable model capable of expansion across the Permian and San Juan basins
The project aligns with both federal and state initiatives focused on securing domestic critical-mineral supply chains, accelerating clean-energy adoption, and supporting the rapid growth of AI-adjacent infrastructure.
Acknowledgment of State Support
Both companies recognize the essential role played by New Mexico Governor Michelle Lujan Grisham and her administration in fostering an environment supportive of clean-energy innovation and economic development across the state.
COMMENTS
Robert Rohlfing, CEO of Desert Mountain Energy, stated:
"This LOI represents a major step in aligning our unique New Mexico brine resources with Altech's advanced battery technology. The closed-loop water systems, REE recovery potential, and energy advantages make this project a strong fit for the state and for the evolving U.S. clean-energy landscape."
Altech Batteries management commented:
"We view New Mexico as a strategically positioned location with access to critical inputs, workforce, and infrastructure. This collaboration with Desert Mountain Energy offers a natural path to expand SNC technology into the U.S. market."
DISCLOSURE
Ellis Martin
Media / Business Development Consultant
Full disclosure: provided the initial introduction that brought both parties into dialogue.
To Listen to the Interview, please visit:
https://www.abnnewswire.net/lnk/BHPO769F
President and Director Don Mosher Tel: +1-604-617-5448 Email: don@desertmountainenergy.com
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