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RecycLiCo Battery Materials Inc V.AMY

Alternate Symbol(s):  AMYZF

RecycLiCo Battery Materials Inc. is a battery materials company specializing in sustainable lithium-ion battery recycling and materials production. Its segments include the research and development of recycling battery cathode waste in lithium-ion batteries and the acquisition, exploration and development of interests in mineral resource projects in British Columbia, Canada and Arizona, USA. It has developed advanced technologies that recover battery-grade materials from lithium-ion batteries, addressing the global demand for environmentally friendly solutions in energy storage. It recovers up to 99% of cathode metals from battery waste and upcycles them into high purity, battery-ready materials. Integrate a bespoke RecycLiCo Clean Spot plant and its patented closed loop, multi-tons per day, lithium-ion battery recycling and upcycling process-on-site-within a client’s battery factory or battery recycling operation. Its properties include Artillery Peak, Rocher Deboule and Lonnie.


TSXV:AMY - Post by User

Post by Markzandon Mar 01, 2018 7:23am
233 Views
Post# 27642116

NEWS: american manganese inc. signs research contract

NEWS: american manganese inc. signs research contracthttps://www.fscwire.com/newsrelease/american-manganese-inc-signs-research-contract-new-ip-development-and-pilot-plant


 

American Manganese Inc. Signs Research Contract for New IP Development and Pilot Plant Demonstration



Vancouver, British Columbia (FSCwire) - Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc. (“American Manganese” or “AMY” or the “Company”), (TSX.V:  AMY; Pink Sheets:  AMYZF; Frankfurt:  2AM), is pleased to announce that the Company has engaged Kemetco Research Inc. to continue with the second phase of the company’s lithium-ion battery recycling research and commercialization program.

 

American Manganese has sourced cathode scraps from the United States and ground active materials from a lithium-ion battery recycler in Europe. (Click here for photos.).  These materials will be processed for the next phase of the program.

 

Kemetco will assist the Company in the development of three new IP extensions as well as the engineering, design, construction, commissioning, installation and testing of the pilot plant. The total budget approved by the Company is $2,277,000 including contingencies.  The entire project is expected to take 12-15 months.

 

According to President and CEO Larry Reaugh, “the company is in a good position to capitalize on the soaring value of the LIB battery metals on which we get 100% recycling recovery for Lithium Carbonate ($13,700/ tonne) and Cobalt ($81,000/tonne).”

 

Recent Articles on Cobalt

 

Hype Meets Reality as Electric Car Dreams Run into Metal Crunch

https://www.bloomberg.com/graphics/2018-cobalt-batteries/

 

Mines Linked to Child Labor Are Thriving in Rush for Car Batteries

https://www.bloomberg.com/news/articles/2018-02-20/deadly-mines-linked-to-child-labor-thrive-in-rush-for-batteries

 

About Kemetco Research Inc.

 

Kemetco Research is a private sector integrated science, technology and innovation company. Their Contract Sciences operation provides laboratory analysis and testing, field work, bench scale studies, pilot plant investigations, consulting services, applied research and development for both industry and government. Their clients range from start-up companies developing new technologies through to large multinational corporations with proven processes.

 

Kemetco provides scientific expertise in the fields of Specialty Analytical Chemistry, Chemical Process and Extractive Metallurgy. Because Kemetco carries out research in many different fields, it is able to offer a broader range of backgrounds and expertise than most laboratories.

 

About American Manganese Inc.

 

American Manganese Inc. is a diversified specialty and critical metal company focused on capitalizing on its patented intellectual property through low cost production or recovery of electrolytic manganese products throughout the world, and recycling of spent electric vehicle lithium ion rechargeable batteries.

 

Interest in the Company’s patented process has adjusted the focus of American Manganese Inc. toward the examination of applying its patented technology for other purposes and materials.  American Manganese Inc. aims to capitalize on its patented technology and proprietary know-how to become the industry leader in recycling spent electric vehicle lithium ion batteries and recovering 100% of the cathode metals such as:  Lithium-Cobalt, Lithium-Cobalt-Nickel-Manganese, Lithium-Cobalt- Aluminum and Lithium-Manganese (Please see the Company’s July 27, 2017 press release for further details).

 

On behalf of Management

AMERICAN MANGANESE INC.

 

Larry W. Reaugh

President and Chief Executive Officer

 

Information Contacts:

 

Larry W. Reaugh

President and Chief Executive Officer

Telephone:  778 574 4444; Email: lreaugh@amymn.com


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