Pilot Plant Processing Capacity Increased from 64 kg/day to 160 kg/day of Lithium-ion Battery Cathode Material CEO: Potential to Reduce Commercial Plant Expenses with Increased Processing Capacity American Manganese Inc. (“AMY” or the “Company”) is pleased to report that engineering upgrades with the addition of thermal control of exothermic reactions enabled the lithium-ion battery cathode … Read More
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Electric car boom spurs investor scramble for cobalt
By Pratima Desai | Reuters LONDON LONDON Investors are buying up physical cobalt anticipating that shortages of the metal, a key component of lithium-ion batteries used in electrical cars, will spur prices to their highest levels since the 2008 financial crisis.Prices for cobalt metal have climbed nearly 50 percent since September to five-year peaks around $19 … Read More
Larry Reaugh interviews at This Week on Money on Uptick Rule concern
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Why Electrolytic Manganese Dioxide (EMD) and Chemical Manganese Dioxide (CMD)
The Artillery Peak district in Arizona hosts a world class deposit of Manganese, and American Manganese Inc. (AMY) has developed a patented extraction process that produces high purity products with one of the lowest operating costs in the world. The current price of electrolytic manganese metal (EMM) has fallen from a $1.54 world price to … Read More
Why Strategic Metals Matter More than Ever Before
By Larry W. Reaugh – President & CEO of American Manganese Inc. As you may know, a very important bill has been circulating through the U.S. House of Representatives over the last month, a bill that could potentially change the landscape of permitting mine sites in the United States. H.R. 4402 (also known as the … Read More
Manganese – Powering the Next Generation of Lithium Ion Batteries
Manganese is a critical metal in today’s markets. It is a crucial component to steel, used in a variety of alloys and for us most importantly is used in the creation of lithium-ion batteries. Lithium ion batteries contain 4% lithium, 61% manganese and 35% oxygen by weight. Manganese however, is not a well known … Read More
A Sit Down with Larry Reaugh: Q&A with the President and CEO of American Manganese Inc.
Plenty of activity has happened with American Manganese over the past few months, which gives us an opportunity to sit down with President & CEO Larry Reaugh to discuss some of the challenges and opportunities facing the company, as well as discover a more personal side to the man running the show. Since the PFS, … Read More
Understanding the Future of American Manganese and the Latest Pre-Feasibility Report
By Larry W. Reaugh – President & CEO of American Manganese Inc. It has been a busy month for us here at American Manganese, with the completion of our Pre-Feasibility report for the Artillery Peak project and the public release of parts of that report on May 17th. The release of this report is one … Read More
The Growing Manganese Market
By Larry W. Reaugh – President & CEO of American Manganese Inc. Earlier this week (April 16th) Global Industry Analysts Inc. released a new report outlining the future growth of manganese, electrolytic manganese metal (EMM) and electrolytic manganese dioxide (EMD). In this report GIA forecasted the manganese market to grow to 24.9 million metric tons … Read More
Clean Mining at PDAC
By Larry W. Reaugh – President & CEO of American Manganese Inc. At American Manganese, we’re proud of the low energy and low water process we’ve designed for producing electrolytic manganese metal. As we described in February, our Artillery Peak property in Arizona’s process is to use a fraction of the power of today’s processes … Read More