RecycLiCo Batter Stock Price, News & Analysis

American Manganese Inc. has achieved a significant milestone by successfully producing Electrolytic Manganese Metal (EMM) in the final stages of the Wenden Stockpile Reclamation project, funded by the U.S. Defense Logistics Agency. The project aims to transform a 322,000 metric ton dormant manganese stockpile in Arizona into a vital domestic source of EMM, essential for the steel and lithium-ion battery industries. The company has conducted multiple bench-scale tests confirming its patented recovery process's viability, highlighting the potential for large-scale production. Manganese's critical status underscores its market significance.

American Manganese has successfully demonstrated a 99% leach extraction efficiency for critical battery materials, including lithium, nickel, cobalt, and manganese, through its patented RecycLiCo process. This achievement highlights the company's capability to upcycle lithium-ion battery black mass into high-value NMC-622 cathode precursor material, sourced from an electric vehicle manufacturer. The closed-loop process simplifies supply chains and positions American Manganese as a leader in sustainable battery recycling, promoting a circular economy in the battery industry.

American Manganese Inc. (AMYZF) announced funding from the National Research Council of Canada for a pilot project focused on recycling lithium-ion battery materials. This initiative, conducted in partnership with Italvolt, aims to enhance the efficiency and effectiveness of battery waste processing. Italvolt is developing a large-scale Gigafactory in Italy, further supporting the collaboration. The project aligns with global sustainability efforts in battery manufacturing, utilizing American Manganese's patented RecycLiCo™ technology to address lithium-ion battery waste.

American Manganese Inc. (TSXV:AMY, OTCQB:AMYZF) has announced that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC). This eligibility is expected to lower costs and speed up the settlement process, enabling broader access for investors and brokers. CEO Larry Reaugh emphasized that this milestone enhances AMY's visibility and accessibility, potentially attracting more investors. American Manganese focuses on lithium-ion battery recycling with their RecycLiCo™ patented process, offering environmentally-friendly solutions.

American Manganese Inc. (AMYZF) has announced the nearing completion of its Wenden Stockpile Reclamation project, funded by the Defense Logistics Agency. The project aims to prepare purified manganese sulfate solution for producing electrolytic manganese metal (EMM). Key achievements include up to 99% manganese extraction and enhanced process efficiencies. The project supports U.S. goals to reduce reliance on foreign manganese, particularly from China, amid the growing demand from the electric vehicle industry.

American Manganese Inc. (AMYZF) has filed a preliminary short form base shelf prospectus with the British Columbia Securities Commission. This Shelf Prospectus allows the Company to offer up to $25,000,000 of various securities over a 25-month period, enabling financial flexibility for future opportunities. The net proceeds may be allocated for general corporate purposes, capital expenditures, and acquisitions. The final terms will be detailed in future prospectus supplements. The Shelf Prospectus aims to position the Company favorably in a dynamic market environment.

American Manganese Inc. has published a technical paper in the International Journal of Green Energy detailing a novel closed-loop process for recycling spent lithium-ion battery cathode materials. The research, conducted by Kemetco Research, illustrates how the new method effectively extracts lithium, nickel, cobalt, and manganese while regenerating key reagents, significantly reducing operational costs and environmental impacts associated with wastewater. The process has been validated across different scales under practical conditions, affirming its potential in sustainable battery recycling.

American Manganese (TSXV:AMY, OTCQB:AMYZF) has announced the initiation of geophysical tests by the Rocher Deboule IP crew at the Vent Zone IOCG targets, located south of New Hazelton, BC. The Rocher Deboule deposit previously produced significant amounts of silver, gold, and copper. Recent fieldwork has revealed potential for IOCG deposits in the area. Post-survey drilling is planned, pending permit approval. The company aims for minimal environmental impact during the drilling process, utilizing helicopters for logistics.

American Manganese Inc. (AMYZF) announced receipt of a Notice of Allowance for its lithium-ion battery recycling technology RecycLiCo™ from the Japanese Patent Office. This patent will complement existing patents in the U.S. and South Korea, enhancing AMY’s global patent portfolio. The RecycLiCo™ process claims high extraction rates for key metals, crucial in a growing battery industry. The company also has pending applications in regions like China, Europe, and others, underscoring a robust strategy in battery materials recycling.