April 2, 2024

Renowned Industry Leader Dr. Peter Schuhmacher Joins Austin Elements Inc. Board

Graham Wookey

HOUSTON, April 2, 2024 /PRNewswire/ -- Austin Elements Inc. proudly announces the appointment of Dr. Peter Schuhmacher to its Board of Directors. Dr. Schuhmacher, an esteemed figure in the industry, brings a wealth of experience and expertise having previously served as a prominent leader at BASF – a global leader in the chemical industry.

Renowned Industry Leader Dr. Peter Schuhmacher Joins Austin Elements Inc. Board
Renowned Industry Leader Dr. Peter Schuhmacher Joins Austin Elements Inc. Board

With a distinguished career spanning decades, Dr. Schuhmacher's addition to the board marks a significant milestone for Austin Elements Inc. His extensive background in chemistry, materials science and battery materials, coupled with his strategic vision and global experience, will undoubtedly bolster AEI's efforts to advance sustainable technology solutions for critical minerals independence in the United States.

"We are thrilled to welcome Dr. Schuhmacher to our Board of Directors," said Dr. Jacob Jin, CEO of Austin Elements Inc. "His invaluable insights and proven track record of driving innovation and sustainable growth will be instrumental as we continue to scale up our operations and contribute to the nation's sustainable energy future."

Prior to joining Austin Elements Inc., Dr. Schuhmacher held various leadership positions at BASF, where he played a pivotal role in spearheading advancements in battery materials and sustainable energy solutions. His expertise and leadership have been influential in shaping the future of the energy storage industry.

"I am honored to join the board of Austin Elements Inc. and contribute to its mission of achieving critical minerals independence through sustainable technology," said Dr. Schuhmacher. "I look forward to collaborating with the talented team at AEI to drive innovation, accelerate growth, and make a meaningful impact on the global transition towards electrification and renewable energy sources."

Dr. Schuhmacher's appointment underscores Austin Elements Inc.'s commitment to attracting top talent and fostering strategic partnerships to further its mission. As AEI continues to expand its operations and advance sustainable battery-grade precursor production, Dr. Schuhmacher's leadership will undoubtedly play a pivotal role in shaping the company's future success.

Austin Elements produced qualified samples of critical minerals from recycled lithium-ion batteries, including battery grade iron-phosphate from LFP batteries.
Austin Elements produced qualified samples of critical minerals from recycled lithium-ion batteries, including battery grade iron-phosphate from LFP batteries.

Austin Elements Inc. is a US company specializing in the production of high-purity critical minerals and LFP/LFMP Cathode Active Material for the battery supply chain. Austin Elements Inc. has developed novel, low-carbon processes for recovering critical these minerals from various feedstocks, including both Lithium-ion Phosphate (LFP) and NCM lithium-ion batteries and manufacturing scrap, as well as ceramic glass. Austin Elements Inc. is backed by leading investors in the energy space including Rice Investment Group.

For media inquiries or further information, please contact:
Graham Wookey, VP Strategy and Finance
Austin Elements Inc.
info@austinelements.com
phone number: +1(832) 850-6858