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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 Feb 15, 2021 7:37pm
334 Views
Post# 32570047

News Release - February 15, 2021

News Release - February 15, 2021

Former Tesla Director for Central Europe Joins American Manganese Advisory Board

Jochen Rudat to Focus on European Business Opportunities for RecycLiCo™

 

February 15, 2021 - Surrey, B.C. Canada

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

 

 

American Manganese Inc. (“AMY” or the “Company”) is pleased to announce that Jochen Rudat, a former Tesla Director for Central Europe, has been appointed to the Company’s Advisory Board. 

Mr. Rudat has an illustrious background and reputation in the electric vehicle (EV) industry. He has spent 10 years working under Elon Musk, CEO of Tesla, where he helped launch Models S, 3, X and Roadster in Europe. Jochen was hired by Elon Musk to build a sales and marketing force in Europe that grew to nearly 300 employees during his tenure.

“We are delighted to welcome such an experienced member of the EV industry to the American Manganese team," said Larry Reaugh, President and CEO of American Manganese. "Jochen's expert industry insight will be an invaluable resource as we explore business development and strategic partnerships for RecycLiCo™ in Europe."

Before Tesla, Mr. Rudat worked for several prominent car manufacturers such as BMW, Kia and Porsche. Most recently, he served as Chief Sales Officer at Italian luxury carmaker Automobili Pininfarina to launch its electric hypercar, Battista. Moreover, Mr. Rudat is the founder of Electric Ventures, a consultancy service focused on investments in sustainable transport.

The Company has granted Mr. Rudat one million incentive stock options with an exercise term of five years and an exercise price of $1.99/share.

About American Manganese Inc.

American Manganese Inc. is a critical metals company focused on recycling of lithium-ion battery cathode materials (RecycLiCo™) and the production of electrolytic manganese metal from low grade U.S. resources. The recycling process provides high extraction of cathode metals, such as lithium, cobalt, nickel, manganese, and aluminum at high 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 lithium-ion battery manufacturing waste.

On behalf of Management

Larry W. Reaugh

President and Chief Executive Officer


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