American Manganese Inc to Review Arizona Manganese Assets and Patents

Rhea-AI Summary

American Manganese Inc. (AMYZF) is reassessing its Artillery Peak low-grade manganese project following renewed interest in manganese, highlighted during Tesla's Battery Day. The company plans to revisit a 2012 Pre-Feasibility Study for Electrolytic Manganese Metal (EMM) production. Notably, the production of Electrolytic Manganese Dioxide (EMD) is less cost-intensive and occupies a reduced footprint. The patented closed-loop process with dry tailings enhances sustainability. American Manganese focuses on recycling lithium-ion batteries through its RecycLiCo™ patented process, aiming to lead in this critical sector.

Positive

• Renewed interest in manganese could enhance project viability.
• EMD production cost is 20% lower than EMM production.
• The patented closed-loop process demonstrates sustainability.
• Company has established patents in multiple countries for its processes.

Negative

• None.

Tesla Battery Day Brings Focus on Manganese

SURREY, BC / ACCESSWIRE / September 17, 2020 / Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc. (TSXV:AMY)(OTC PINK:AMYZF)(FSE:2AM) ("AMY" or the "Company"), reports that the renewed interest in manganese compels the company to re-analyze their Artillery Peak low-grade manganese project. This entails studies of the 2012 Pre-Feasibility prepared by Tetra-Tech for the production of Electrolytic Manganese Metal (EMM) also studies on the production of high purity working Electrolytic Manganese dioxide (EMD) Prototype Lithium Ion Batteries by Kemetco Research Inc. The US Patents for this process were granted to the Company on June 11, 2013 which would later become the cornerstone of AMY's lithium-ion battery material recycling patents. The manganese patent was also granted in China, South Africa, and Canada.

The Prefeasibility Study was based on EMM whereas production of EMD is less expensive due to reduction of electroplating costs for EMD which is 20% of the cost of EMM and the footprint for mines is 60% of EMM footprint. The patented process is closed-loop with dry tailings and reuse of water.

About Kemetco Research Inc.

Kemetco Research is a private sector integrated science, technology and innovation company. Their Contract Sciences operation provides laboratory analysis and testing, field work, bench scale studies, pilot plant investigations, consulting services, applied research and development for both industry and government. Their clients range from start-up companies developing new technologies through to large multinational corporations with proven processes.

Kemetco provides scientific expertise in the fields of Specialty Analytical Chemistry, Chemical Process and Extractive Metallurgy. Because Kemetco carries out research in many different fields, it can offer a broader range of backgrounds and expertise than most laboratories.

About American Manganese Inc.

American Manganese Inc. 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 high purity, with minimal processing steps. American Manganese Inc. aims to commercialize its breakthrough RecycLiCo™ 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
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/606475/American-Manganese-Inc-to-Review-Arizona-Manganese-Assets-and-Patents

FAQ

What recent announcement has American Manganese Inc. made regarding manganese?

American Manganese Inc. is reviewing its Artillery Peak low-grade manganese project after increased interest in manganese highlighted during Tesla's Battery Day.

How does American Manganese's production of EMD compare to EMM?

The production of Electrolytic Manganese Dioxide (EMD) is 20% less expensive than Electrolytic Manganese Metal (EMM) production.

What is the significance of American Manganese's patented process?

The patented process facilitates high extraction of cathode metals from lithium-ion batteries, promoting sustainability and cost efficiency.

In which countries does American Manganese hold patents for its processes?

American Manganese holds patents in the US, China, South Africa, and Canada for its manganese processes.

What is the focus of American Manganese Inc. moving forward?

American Manganese Inc. aims to commercialize its RecycLiCo™ patented process and become a leader in recycling cathode materials from spent lithium-ion batteries.