American Mn recovers 99.98% Ni-Co hydroxide from scrap

Nov 13, 2019

2019-11-13 07:27 ET – News Release

Mr. Larry W. Reaugh reports

AMERICAN MANGANESE INC. REPORTS 99.98% PURITY FROM RECYCLED LITHIUM-ION BATTERY MATERIAL

American Manganese Inc. has provided information on the successful recovery of high-purity (99.98 per cent) nickel-cobalt hydroxide from the NCA cathode scrap material received from the Tier 1 lithium-ion battery company referenced as company B from the Oct. 25, 2019, press release. American Manganese plans to announce company A purity results as they are received and reviewed.

The laboratory studies were conducted by the company’s independent contractor, Kemetco Research, to analyze the optimum recycling conditions and produce recycled material for the customer’s evaluation.

“We designed the process with the goal to produce recycled battery products that could be seamlessly integrated into the remanufacturing of battery cathodes using minimal processing steps,” said Norm Chow, president of Kemetco Research.

After continuous improvement and optimization, American Manganese’s RecycLiCo patented process achieved an even higher purity than the previously reported purity results (99.94 per cent) during stages 3 and 4 of the pilot plant project, as announced in the company’s Aug. 27, 2019, press release.

“The purity results analyzed by Kemetco Research demonstrates the potential of our RecycLiCo patented process and sets a new benchmark for the lithium-ion battery recycling industry,” said Larry Reaugh, president and chief executive officer of American Manganese. “We continue to pioneer a high-recovery, high-purity and environmentally friendly cathode-to-cathode lithium-ion battery recycling solution that promotes a circular economy for the lithium-ion battery supply chain.”

The RecycLiCo patented process is a closed-circuit hydrometallurgical solution for recycling lithium-ion battery material. American Manganese has completed testing of the pilot plant project and aims to begin engineering design and economic analysis of a three-to-five-tonne-per-day commercial demonstration plant for 2020; following the completion of testing for Tier 1 companies.

About American Manganese Inc.

American Manganese 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 aims to commercialize its breakthrough RecycLiCo patented process and become an industry leader in recycling cathode materials from spent lithium-ion batteries.

We seek Safe Harbor.

https://americanmanganeseinc.com/