RECYCLICO BATTERY MATLS - AMYZF STOCK NEWS

American Manganese Inc. has partnered with Minviro Ltd. to conduct a life cycle assessment (LCA) of its RecycLiCo battery recycling-upcycling process. This assessment aims to quantify the environmental impacts associated with producing cathode precursor material from battery waste, benchmarking against traditional methods. The findings will be reviewed by third-party experts and will support regulatory compliance and informed consumer choices. CEO Larry Reaugh emphasizes the need for environmental responsibility in the lithium-ion battery sector as demand increases.

American Manganese Inc. (AMY) has announced additional funding and advisory services from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). This support aims to advance their project, Demonstration of Continuous Recycling of Cathode Material from Lithium-ion Battery Production Scrap, which began in August 2021. The funding will help complete project objectives and indicates progress in developing a sustainable recycling process, RecycLiCo™, which efficiently recycles lithium-ion battery waste.

American Manganese (AMYZF) shares key 2021 highlights in its year-end review, emphasizing progress in lithium-ion battery recycling and advanced material processing. Notable achievements include successful recycling of battery waste into high-purity cathode materials and completion of U.S. Defense Logistics Agency projects with 99% manganese extraction. The company also closed a private placement, raising C$20 million. These advancements position American Manganese favorably for growth in 2022 as it focuses on cleantech and critical battery metals.

American Manganese Inc. has announced the completion of a 6,700 ft² demonstration facility in Greater Vancouver to advance its RecycLiCo project for lithium-ion battery recycling and upcycling. The facility is set to start operations in February 2022 and will process approximately 500 kg/day of cathode waste. With the ability to recycle over 99% of lithium, nickel, cobalt, and manganese, this facility aims to address the gap in North America's battery supply chain and provide high-value cathode materials to manufacturers.

American Manganese Inc. (AMYZF) has received Patent No. 380826 from the Indian Patent Office for its lithium-ion battery recycling technology. This patent covers essential processes in the RecycLiCo process, allowing up to 100% extraction of lithium, cobalt, nickel, and manganese from lithium-ion battery cathode materials. The Indian automotive market is a significant opportunity, expected to be the third-largest globally by 2030 with ambitious electric vehicle targets. This highlights the potential for establishing a circular battery recycling business model in India.

American Manganese Inc. (AMYZF) has filed National Phase Patent Applications for its RecycLiCo battery recycling process in multiple regions including Europe, South Korea, Canada, India, Australia, Japan, and China. This second patent enhances the processing capabilities for various battery materials, focusing on recovering graphite, treating hazardous fluoride, and separating aluminum from battery manufacturing scrap. The patent aims to address the projected demand for recycling as electric vehicle sales are anticipated to reach 56 million by 2040, highlighting the importance of efficient battery material recovery.

American Manganese Inc. has announced its participation in two significant conferences: the E-Waste World Conference on November 30, 2021, and Benchmark Mineral's Battery Sustainability Summit on December 8, 2021. At these events, CTO Zarko Meseldzija will showcase the company's patented RecycLiCo lithium-ion battery recycling process, which aims to enhance the battery supply chain by promoting sustainability.

American Manganese is focused on recycling lithium-ion battery waste into high-value materials, achieving up to 99% extraction of key metals.

American Manganese Inc. has received a Notice of Allowance from the Canadian Patent Office for its lithium-ion battery recycling technology, RecycLiCo™. This marks a significant development as the patent will join existing patents in the U.S., South Korea, and Japan. The RecycLiCo™ process is designed to achieve 100% extraction of key metals like cobalt and lithium from various cathode chemistries. The issuance of this patent is timely, aligning with the Canadian government's push for electric vehicle advancements. AMY is also pursuing patent applications in China, Europe, Australia, and India.

American Manganese Inc. (AMYZF) announced amendments to 3,600,000 stock options. The exercise price for 1,000,000 options from February 16, 2021, is reduced from $1.99 to $1.00, while for 2,600,000 options from February 17, 2021, it drops from $2.63 to $1.00. All terms remain unchanged. These amendments are subject to TSX Venture Exchange approval and will benefit the company by aligning options with current market conditions.