RecycLiCoTM Pilot Plant Advances on the Path to a Cathode-to-Cathode Process
SURREY, BC / ACCESSWIRE / July 11, 2019 / American Manganese Inc. (TSX.V: AMY | OTC PINK: AMYZF| FSE: 2AM) ("AMY" or the "Company"), reported today that 99.88% purity was achieved in its production of NMC cathode material using the RecycLiCoTM process, as announced in the Company's June 27, 2019 Press Release. This high purity recycled cathode material helps prove the potential of sourcing a sustainable supply of highly efficient cathode materials for lithium-ion battery manufacturing.
"Cathode materials require extremely high purity levels and must be almost entirely free of unwanted metals in order to conform to industry specifications, which our initial results confirmed today," said Larry Reaugh, President and CEO of American Manganese. "We continue to develop and be transparent with our results in order to set the benchmark on recovery and purity potential in the lithium-ion battery recycling field."
American Manganese will continue RecycLiCoTM Pilot Plant testing to enhance material recovery and purity, in addition to feasibility studies with industry leaders. The Company's goal is to develop a commercial opportunity that provides cathode-to-cathode recycling for the lithium-ion battery industry.
American Manganese Inc. is a critical metals company focused on the recycling of lithium-ion batteries with the RecycLiCoTM 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 Inc. aims to commercialize its breakthrough RecycLiCoTM Patented Process and become an industry leader in recycling cathode materials from spent lithium-ion batteries.
On behalf of Management
AMERICAN MANGANESE INC.
Larry W. Reaugh
President and Chief Executive Officer
Telephone: 778 574 4444
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain "forward-looking statements", which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.
SOURCE: American Manganese Inc.
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