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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 Aug 12, 2020 3:32am
374 Views
Post# 31396333

News Release - August 12, 2020

News Release - August 12, 2020

Lithium-ion Battery Recycling Pilot Plant Project Begins New Optimization Tests

 

Specialized Equipment Installed and Prepared for Testing

 

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."

 

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, fieldwork, 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 RecycLiCo™ 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 RecycLiCo™ 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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