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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 Apr 01, 2022 11:09am
166 Views
Post# 34567174

American Manganese Comments on President Biden’s Essential

American Manganese Comments on President Biden’s Essential

The Presidential Determination states in part:

"The United States depends on unreliable foreign sources for many of the strategic and critical materials necessary for the clean energy transition - such as lithium, nickel, cobalt, graphite, and manganese for large-capacity batteries. Demand for such materials is projected to increase exponentially as the world transitions to a clean energy economy.

To promote the national defense, the United States must secure a reliable and sustainable supply of such strategic and critical materials. The United States shall, to the extent consistent with the promotion of the national defense, secure the supply of such materials through environmentally responsible domestic mining and processing; recycling and reuse; and recovery from unconventional and secondary sources, such as mine waste. [emphasis added]"

"President Biden's official DPA statement recognizes recycling as an essential means of meeting rising demand," said Larry Reaugh, CEO of American Manganese. "American Manganese, with its RecycLiCo™ process, is well-positioned to deliver sustainable, high-purity supply of four of the five materials the U.S. Government is now prioritizing as essential to its national defense."

American Manganese's patented RecycLiCo™ process is focused on the recycling and upcycling of lithium-ion battery waste into high-value battery cathode materials. With minimal processing steps and up to 99% extraction of lithium, cobalt, nickel, and manganese to create high-value lithium-ion battery materials for reintegration into new lithium-ion battery manufacturing.

The Company announced on March 15, 2022, that its RecycLiCo demonstration plant in Vancouver, Canada is ready for commissioning and is scheduled to demonstrate continuous operating conditions with a processing capacity of 500 kg/day of lithium-ion battery waste once commissioning is complete. The demonstration plant is intended to validate scaled-up processing efficiencies and qualify the lithium, nickel, manganese, and cobalt battery materials produced. The company's ultimate business model is to license and joint venture its patented RecycLiCo™ process to battery and electric vehicle manufacturers as an in-house technology that offers a circular supply of critical battery minerals.

https://www.accesswire.com/695597/american-manganese-comments-on-president-bidens-essential-defense-designation-for-battery-materials-recovered-by-recyclico-process

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