August 12, 2020 - Surrey, B.C. Canada
TSX-V: AMY | OTC US: AMYZF | FSE: 2AM
American Manganese Inc. (“AMY” or the “Company”) is pleased to report that the Company's contract research lab, Kemetco Research, has installed and prepared the recently received specialized equipment for continued optimization on the Company's lithium-ion battery recycling pilot plant project. American Manganese's goal for these engineering upgrades is to further increase process capacity, without sacrificing the high recovery of lithium, nickel, cobalt, manganese, and aluminum. Analysis of results to be reported as received.
"We believe our investment in continued improvements advances our business opportunities with global leaders in the lithium-ion battery industry who share our vision," said Larry W. Reaugh, President and CEO of American Manganese. "We look forward to expanding these potential opportunities into joint ventures and the licencing of the RecycLiCo process."
American Manganese has developed the patented RecycLiCo™ process that offers a closed-loop and environmentally friendly solution for the recycling of lithium-ion battery cathode materials. The process achieves up to 100% recovery and high purity of materials such as lithium, cobalt, nickel, manganese, and aluminum. The RecycLiCo™ process was designed with the goal to produce recycled battery products that could be seamlessly integrated into the re-manufacturing of battery cathodes with minimal processing steps.
Mr. Reaugh added, "I'm excited to report on this next stage of optimization tests because I'm confident in Kemetco's expertise and the RecycLiCo patented process."