Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc. (“American Manganese” or “AMI” or the “Company”), (TSX.V: AMY; OTC US: AMYZF; FSE: 2AM), is pleased to announce that the Company has received the first progress report from Kemetco Research Inc. (Kemetco) on Recycling Lithium – Cobalt Cathode Materials essential to the production of Lithium Ion Batteries.
Ten reductive leach tests were conducted with a range of conditions using AMI’s proprietary process. Extractions of 100% for both lithium and cobalt were achieved from cathode powders used for lithium-ion batteries.
“With the completion of this Phase 1 work, the Company is now in a position to have Kemetco conduct additional, more fine-grained leaching tests, leading to metal precipitation tests and the production of rechargeable coin cell batteries in Phase 3 from 100 % recycled materials.”, says Mr. Reaugh. “What is becoming clear is that the Company’s patented hydrometallurgical extraction process is well suited to recycle and produce any or all of the high value-added cathode materials – including Lithium, Cobalt, Nickel, and Manganese.”
About Kemetco Research Inc.
Kemetco Research Inc. is a privately owned contract research and development company specializing in extractive metallurgy, chemical processing and specialty chemical analysis. It was formed after the acquisition of the industrial process division of B.C. Research, which had been in operation for over 60 years as a research and development contractor in British Columbia.
About American Manganese Inc.
American Manganese Inc. is a diversified specialty and critical metal company focused on capitalizing on its patented intellectual property through low cost production or recovery of electrolytic manganese products throughout the world, and recycling of spent electric vehicle lithium-ion rechargeable batteries.
Interest in the Company’s patented process has adjusted the focus of American Manganese Inc. toward the examination of applying its patented technology for other purposes and materials. American Manganese Inc. aims to capitalize on its patented technology and proprietary know-how to become and industry leader in the recycling of spent electric vehicle lithium-ion batteries having cathode chemistries such as: Lithium-Cobalt, Lithium-Cobalt-Nickel-Manganese, and Lithium-Manganese (Please see the Company’s March 31, 2016 press release for further details).
On behalf of Management
AMERICAN MANGANESE INC.
Larry W. Reaugh
President and Chief Executive Officer