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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 Camaronion Apr 11, 2019 9:21am
159 Views
Post# 29611757

NR this morning

NR this morning

AMERICAN MANGANESE PILOT PLANT ACHIEVES HIGH EXTRACTION FROM LITHIUM-ION BATTERY CATHODE MATERIAL


April 11, 2019 - Surrey, BC                                                             TSX.V: AMY | OTC US: AMYZF| FSE: 2AM

 

American Manganese Inc. (“American Manganese” or “AMY” or the “Company”), is pleased to report independent analytical results from the Company’s contract lab, Kemetco Research, an integrated science, technology and innovation company.

 

Kemetco selected several batches of commercially available scrap NMC (lithium-nickel-manganese-cobalt) and scrap NCA (lithium-nickel-cobalt-aluminum) battery cathode material sourced in large quantities from a U.S. recycler.

 

The material was tested in stages 1 and 2 of the pilot plant operation using the newly developed technology that was subject of AMY’s recent CIP patent application filing. Kemetco conducted a separation of the cathode active material from aluminum foil. Subsequently, the separated active material was processed with AMY’s patented process.

 

The extraction results achieved from Kemetco’s independent pilot plant tests are as follows:

 

          

 

The data garnered from initial pilot plant runs, on the commercial NMC and NCA scrap cathode material, introduced an additional wash and screen which is expected to collect the remaining active material for the maximum recovery potential.

 

“Although stages 1 and 2 of the pilot plant achieved exceptional recovery results from the first pass of material; An additional wash and screen will increase recovery of additional active material to be processed.” said Larry Reaugh, President and CEO. “From the pilot plant we have improved the handling of large quantities of commercially available material on a continuous basis, in terms of separation of active material from aluminum foils. The proven effectiveness of extraction is a great demonstration as we plan for commercial production.”

 

The Company has proceeded with preparation of stages 3, 4, and 5 of the pilot plant, which will include the purification and recovery of battery grade ready lithium carbonate and base metal oxides, as well as recycling of reagents and water. The Company aims to provide these high purity recycled battery materials to lithium-ion battery manufacturers with a goal of developing a circular economy through conflict-free and sustainable methods such as AMY’s patented recycling technology.

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