Investment Proposition

Ticker : TSX-V: AMY | OTC US: AMYZF | FSE: 2AM

Recycling 100% of Cathode Metals From Spent Electric Vehicle (EV) Batteries

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.

Strong Market Fundamentals

  • 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.

Worldwide Recycling Opportunities

  • 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 are Critical to EV Lithium Ion Batteries

  • 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.

Patented Technology

  • AMY holds patents 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.