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About RecycLiCo Battery Materials (AMYZF)
RecycLiCo Battery Materials (AMYZF) is an innovative company operating at the intersection of sustainability, advanced materials, and clean technology. The company specializes in the recycling and repurposing of critical battery materials, such as lithium, cobalt, and nickel, from end-of-life lithium-ion batteries and production scrap. By leveraging proprietary hydrometallurgical technology, RecycLiCo aims to create a closed-loop solution for the battery supply chain, addressing the growing demand for sustainable and ethically sourced materials in the electric vehicle (EV) and renewable energy sectors.
Core Business Model
RecycLiCo's business model is centered on the recovery of high-value materials through an environmentally friendly and cost-effective process. Unlike traditional pyrometallurgical recycling methods, which are energy-intensive and produce significant waste, RecycLiCo's hydrometallurgical approach minimizes environmental impact while achieving high recovery rates of critical metals. The company generates revenue through the sale of recycled materials, licensing its proprietary technology to battery manufacturers, and forming strategic partnerships within the battery ecosystem.
Industry Context and Market Position
RecycLiCo operates in the rapidly expanding battery recycling market, driven by the global transition to electric mobility and renewable energy. The increasing adoption of EVs, coupled with stricter environmental regulations, has created a pressing need for sustainable solutions to manage battery waste and reduce reliance on virgin mining. As part of the circular economy, RecycLiCo addresses these challenges by providing a scalable and sustainable recycling solution. The company's innovative technology and focus on high-purity material recovery position it as a significant player in the battery supply chain.
Competitive Advantages
RecycLiCo differentiates itself through its proprietary recycling technology, which offers several advantages over traditional methods, including:
- High Recovery Rates: Efficient extraction of critical metals like lithium, cobalt, and nickel.
- Environmental Sustainability: A low-carbon process that minimizes waste and energy consumption.
- Cost-Effectiveness: Reduced operational costs compared to conventional recycling methods.
- Scalability: A modular process design that can be adapted to various production scales.
These strengths enable RecycLiCo to meet the needs of a diverse range of stakeholders, including battery manufacturers, EV companies, and policymakers focused on sustainability goals.
Strategic Vision
RecycLiCo's mission aligns with global efforts to create a circular battery economy, where materials are continuously reused to reduce waste and environmental impact. By advancing recycling technology and fostering partnerships across the battery supply chain, the company aims to play a pivotal role in the sustainable energy transition. Its commitment to innovation and environmental stewardship underscores its long-term value proposition in a rapidly evolving market.
American Manganese Inc. (AMYZF) announces the resignation of Kurt Lageschulte as a director, effective immediately, while he joins the Advisory Board. Larry W. Reaugh, President and CEO, expressed gratitude for Lageschulte's five years of service and looks forward to his continued involvement. The company, based in Surrey, BC, focuses on recycling lithium-ion battery waste into valuable materials through its RecycLiCo™ process. This process boasts up to 99% extraction efficiency for lithium, cobalt, nickel, and manganese, enhancing the re-manufacturing of new batteries.
American Manganese Inc. has filed its final short form base shelf prospectus and an amended technical report for the Rocher Deboule mineral property. Following a review by the British Columbia Securities Commission, the amended report contains no material differences from the original published on October 25, 2020. Additionally, an amended annual information form for the year ended July 31, 2020, was submitted, incorporating the executive summary from the technical report, also showing no material changes.
American Manganese (OTCQB: AMYZF) announces its participation in two investor conferences in September 2021: the H.C. Wainwright 23rd Annual Global Investment Conference (Sept 13-15) and the AGP Virtual Energy Conference (Sept 21). The company is focused on upcycling lithium-ion battery waste into high-value cathode materials using its RecycLiCo™ process, which boasts up to 99% extraction efficiency. CEO Larry Reaugh highlighted progress in their projects and looks forward to sharing developments with investors.
American Manganese Inc. (AMYZF) has received Patent No. 6906060 from the Japanese Patent Office for its innovative RecycLiCo™ lithium-ion battery upcycling process. This patent complements existing patents in the U.S. and South Korea and supports the company's goal of commercializing its technology. The RecycLiCo™ process enables the extraction of up to 100% of key minerals such as cobalt and lithium, providing advantages over traditional methods. With patents filed in multiple countries, American Manganese aims to lead in battery recycling, serving the expanding electric vehicle market.
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.
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