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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 AveragePennyon Feb 17, 2022 11:33am
233 Views
Post# 34438213

American Manganese Provides Progress Update on Demonstration

American Manganese Provides Progress Update on Demonstration

Recycling equipment for the demonstration plant is in place, and the commissioning schedule is on pace, with remaining assembly work to include mounting tank reactors, connecting the ventilation system, and wiring power to equipment. Individual equipment testing is intended to ensure all systems and components are powered and water-tested according to operational requirements before full-scale processing of lithium-ion battery scrap.

Approximately 3,500kg of lithium-ion battery cathode scrap has been received as initial feedstock for the 500 kg/day demonstration plant. The cathode scrap is a lithium-nickel-manganese-cobalt composition that is representative of the modern cathode materials used in electric vehicle batteries and potential near-term feedstock supplies. The cathode scrap feedstock is to be used to validate the demonstration plant's preliminary real-world continuous operating efficiencies and is expected to generate a significant amount of recycled lithium, nickel, manganese, and cobalt products for potential material qualification with interested third parties.

"I'm extremely pleased with the great progress in our demonstration plant," said Larry Reaugh, President and CEO of American Manganese. "It's a testament to everyone on our team working tirelessly to ensure the success of the project. Our structured approach from initial concept, lab testing, piloting, and modeling gives us confidence in our scaled-up selection of equipment and planned testing procedures."

After completing project milestones for the initial U.S. Defense Logistics Agency (DLA) awarded project, American Manganese's scoping study results indicated areas that would benefit from additional studies to achieve commercial-scale operation near the Wenden Stockpile material. As a result, and while American Manganese actively explored continued collaboration on advanced materials reclamation with the DLA, the DLA has notified American Manganese that they will not move forward with the Company's Phase 2 Technical Proposal regarding the Wenden Stockpile.

Mr. Reaugh commented, "I'm disappointed that following the successful completion of our Strategic Materials grant, the DLA elected not to undertake our follow-on proposal. We continue to see value in processing the Wenden Stockpile material and remain in ongoing discussions with the DLA on ways that AMY's patented process can provide a potential domestic supply of manganese in the U.S."

https://www.accesswire.com/689221/american-manganese-provides-progress-update-on-demonstration-plant-for-lithium-ion-battery-recycling

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