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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 geraldson Nov 27, 2019 3:37am
198 Views
Post# 30396860

American Manganese Begins Negotiations with Kemetco Research

American Manganese Begins Negotiations with Kemetco Research

American Manganese Begins Negotiations with Kemetco Research on the Preliminary Engineering Design and Economic Analysis of a Commercial Demonstration Recycling Plant for Lithium-ion Battery Material

Commercial Demonstration Plant Planned to Have a Processing Capacity of 3 Tonnes of Cathode Scrap per Day

 

November 27, 2019 - Surrey, B.C. Canada

TSX-V: AMY | OTC US: AMYZF | FSE: 2AM

American Manganese Inc. (“AMY” or the “Company”) is pleased to report that negotiations have begun with Kemetco Research on the preliminary engineering design and economic analysis of a Commercial Demonstration recycling plant with a planned processing capacity of 3 tonnes of cathode scrap material per day.

With the successful design, commissioning, and testing of the RecycLiCoTM Pilot Plant project, Kemetco Research would begin preliminary engineering design and economic analysis for the Commercial Demonstration plant utilizing the multiple data points and optimization strategies observed throughout the Pilot Plant project. Subsequently, American Manganese will be engaging Kemetco for detailed engineering plans.

“When we first engaged Kemetco, in 2016, to begin lab-scale research on a lithium-ion battery recycling technology, Norm Chow and his brilliant team of scientists weren’t just solving a problem on a lab-scale because they always considered the scalability of the process,” said Larry Reaugh, President and CEO of American Manganese. “We have always been aiming towards turning this technology into a profitable enterprise with a global clientele.”

 

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 can offer a broader range of backgrounds and expertise than most laboratories.

About American Manganese Inc.

American Manganese Inc. is a critical metals company focused on the recycling of lithium-ion batteries with the RecycLiCoTM Patented Process. The process provides high extraction of cathode metals, such as lithium, cobalt, nickel, manganese, and aluminum at battery-grade purity, with minimal processing steps. American Manganese Inc. aims to commercialize its breakthrough RecycLiCoTM Patented Process and become an industry leader in recycling cathode materials from spent lithium-ion batteries.

On behalf of Management

Larry W. Reaugh

President and Chief Executive Officer

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