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Bullboard - Stock Discussion Forum 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... see more

TSXV:AMY - Post Discussion

RecycLiCo Battery Materials Inc > Japanese Patent Office Issues Patent
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Post by Betteryear2 on Aug 31, 2021 6:00am

Japanese Patent Office Issues Patent

SURREY, BC / ACCESSWIRE / August 31, 2021 / American Manganese Inc. ("AMY" or the "Company") (TSXV:AMY)(OTCQB:AMYZF)(FSE:2AM) is pleased to announce that the Japanese Patent Office has issued Patent No. 6906060, for the company's closed-loop lithium-ion battery upcycling process, RecycLiCo™. The Japanese Patent joins already issued patents in the United States (U.S. Patent No. 10246343 and U.S. Patent No. 10308523) and South Korea (Patent No. 10-2246670). The Company has also filed National Phase Patent Applications for China, Europe, Australia, India, and Canada.

The patent provides coverage for AMY's novel closed-loop method for achieving up to 100% extraction of cobalt, nickel, manganese, aluminum, and lithium from the treatment of several cathode chemistries such as lithium-cobalt oxide (LCO), lithium-nickel-manganese-cobalt oxide (NMC), and lithium-nickel-cobalt-aluminum oxide (NCA). Most of the electric vehicle market uses NMC and NCA cathode chemistries, while LCO cathodes are used in smaller portable electronics.

Compared to traditional hydrometallurgical recycling processes, the Company's patented closed-loop process offers advantages such as faster reaction rates, lower consumption of acids, improved water balance, and higher leaching efficiency.

"As we move towards our goal of commercialization, we are reminded by the foundation of patents that supported our growth in battery recycling and we are honoured to be issued another patent by a country that is one of the world leaders in battery innovation," said Larry Reaugh, President and CEO of American Manganese, "Innovation is at the core of our company and as a pioneer in battery recycling we continue to monitor new lithium-ion battery technologies and opportunities."

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