Investment Proposition

American Manganese Inc. is a critical metal company focused on the recycling of lithium-ion Electric Vehicle Batteries originating from their existing Patented Process for producing Electrolytic Manganese Metal (EMM), Electrolytic Manganese Dioxide (EMD) and Chemical Manganese Dioxide (CMD) from ultra-low grade manganese deposits.

Kemetco Research Inc. recognized the process was suited for Recycling lithium-ion Batteries in late 2015.

The ‘Proof of Concept’ testing program executed by Kemetco Research Inc. (Kemetco) demonstrated the proprietary process is capable of recovering 100% of the lithium, cobalt, nickel, manganese and aluminum from cathode materials used in lithium-ion batteries.

• High value of cathode material in EV Batteries. Cobalt at $90,000/tonne as of May, 2018. (Tesla Model 3 – Cathode Material $1,900/battery).
• International Energy Agency (IEA) projects 125 million electric vehicles on the road by 2030.
• AMY recycling opportunity considered is the most advanced of all known Lithium-ion Battery Recycling Technologies.

• China has legislated that all EV manufacturers and importers come up with a feasible recycling program.
• European Union has set a timeline for battery manufactures and importers to recycle spent lithium-ion batteries.
• Canada has three provinces (British Columbia, Manitoba and Quebec) with mandatory recycling programs.

• Lithium and Cobalt supply is depleting while demand increases.
• Price has increased from $10/lb to $43/lb in just over the last 2 years.
• Cobalt is a critical metal used to stabilize lithium-ion batteries.

• AMY holds patent in Canada, US, China and South Africa for production of electrolytic manganese metals from low-grade manganese deposits in the US.
• Filed a full patent in the US and and a PCT International Patent in November 2017 for recovering cathode metals (Lithium, Cobalt, Nickel, Aluminium, Manganese). The patent application was published on May 17, 2018 under publication no. WO2018/089595.