STOCK TITAN

American Manganese Begins Feed of Battery Production Scrap for RecycLiCo Demonstration Plant Project

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

American Manganese Inc. (AMY) has commenced testing the first stage of its RecycLiCo™ demonstration plant, focusing on lithium-ion battery cathode production scrap. Designed for a 500 kg/day input capacity, the plant will methodically analyze each processing step to maximize extraction efficiency for lithium, nickel, manganese, and cobalt. CEO Larry Reaugh emphasized that this milestone reinforces their engagement in the lithium-ion battery supply chain and aims to pave the way for a future commercial recycling plant.

Positive
  • Initiation of testing at RecycLiCo™ demonstration plant.
  • 500 kg/day processing capacity for battery waste.
  • Over 99% extraction rate of key materials (lithium, nickel, manganese, cobalt).
Negative
  • None.

SURREY, BC / ACCESSWIRE / May 26, 2022 / American Manganese Inc. ("AMY" or the "Company"), a pioneer in advanced and environmentally friendly lithium-ion battery cathode recycling-upcycling, is pleased to begin testing the first stage of its RecycLiCo™ demonstration plant project with lithium-ion battery cathode production scrap feed material. The scaled-up demonstration plant is designed with a 500 kg/day input capacity of lithium-ion battery waste and will require each processing step of AMY's patented process to be diligently tested and analyzed.

The planned RecycLiCo™ demonstration plant testing schedule will consist of an organized approach that includes the characterization of the battery production scrap feedstock and its response to individual processing steps, to ensure consistent operating parameters to those developed in the laboratory and pilot plant scale. These parameters will include evaluating leaching retention time, temperature, and process chemical consumption to achieve target leach extraction efficiency for lithium, nickel, manganese, and cobalt. The Company will report its progression and analysis throughout the demonstration plant's staged tests.

"Kickstarting the first stage of our demonstration plant project is an incredible milestone, and we look forward to showcasing our scaled-up technology to existing collaborators across the lithium-ion battery supply chain as we diligently progress through the demonstration plant processing steps," said Larry Reaugh, President, and CEO of American Manganese Inc. "We believe this new phase of activities will continue to drive strategic engagement in the lithium-ion battery supply chain and enable the development of our first commercial recycling plant."

American Manganese Inc., Thursday, May 26, 2022, Press release picture

American Manganese's RecycLiCo™ Demonstration Plant Project


About American Manganese Inc.

American Manganese Inc. is a critical metals company focused on recycling and upcycling lithium-ion battery waste into high-value battery cathode materials, using its closed-loop RecycLiCo™ process. With minimal processing steps and over 99% extraction of lithium, cobalt, nickel, and manganese, the upcycling process creates valuable lithium-ion battery materials for direct integration into the re-manufacturing of new lithium-ion batteries.

On behalf of Management

AMERICAN MANGANESE INC.

Larry W. Reaugh
President and Chief Executive Officer
Telephone: 778 574 4444
Email: lreaugh@amymn.com

www.americanmanganeseinc.com

www.recyclico.com

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.



View source version on accesswire.com:
https://www.accesswire.com/702751/American-Manganese-Begins-Feed-of-Battery-Production-Scrap-for-RecycLiCo-Demonstration-Plant-Project

FAQ

What is the latest update from American Manganese Inc. regarding AMYZF?

American Manganese Inc. has initiated the first stage of testing for its RecycLiCo™ demonstration plant project on May 26, 2022.

What is the capacity of the RecycLiCo™ demonstration plant?

The RecycLiCo™ demonstration plant is designed with a capacity of 500 kg/day for lithium-ion battery waste.

What materials will American Manganese focus on extracting in their RecycLiCo™ project?

The project aims to extract lithium, nickel, manganese, and cobalt from battery production scrap.

How does American Manganese plan to ensure processing efficiency in the RecycLiCo™ demonstration plant?

The company will evaluate leaching retention time, temperature, and chemical consumption to achieve target extraction efficiency.

RECYCLICO BATTERY MATLS

OTC:AMYZF

AMYZF Rankings

AMYZF Latest News

AMYZF Stock Data

19.72M
255.82M
2.73%
Other Industrial Metals & Mining
Basic Materials
Link
United States of America
Surrey