American Manganese Rechargeable Battery Recycling Progress Report: Successful Metal Leaching of New Electric Battery Cathode Chemistries
Vancouver, BC (FSCwire) - Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc. (“American Manganese” or “AMI” or the “Company”), (TSX.V: AMY; Pink Sheets: AMYZF; Frankfurt: 2AM), is pleased to announce that Kemetco Research Inc. (Kemetco) has extractions approaching 100% for lithium, nickel, manganese, cobalt and aluminum from typical NCA (lithium, nickel, cobalt, aluminum), and LMO (lithium manganese dioxide) cathode material chemistries using AMI’s proprietary hydrometallurgical process. These results are in addition to the previously announced extraction results from LCO (lithium, cobalt), August 4, 2016, and NMC (lithium, nickel, cobalt, manganese), April 11, 2017, cathode material chemistries.
Mr. Reaugh says, “The testing program has confirmed that all the commonly used rechargeable electric battery cathode materials can be leached using the Company’s hydrometallurgical process. Lithium, cobalt, nickel, aluminum, and manganese can then be recovered by either discrete product or co-product precipitation, depending on which flowsheet is being used.”
Furthermore, the latest result after 10 locked-cycle runs for lithium recovered from discrete product precipitation for LCO material has increased to 92% from 87% previously announced on March 30, 2017.
“The test work is proceeding on schedule and on budget, and the results to-date are in line with our expectations,” says Mr. Norman Chow of Kemetco Research Inc. He goes on to say, “The tests for the metal extractions and recoveries provide the data required to confirm the various process flowsheets for treating commercial cathode materials to be included in AMI’s final patent application, which we expect to submit by November of this year.”
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 January 19, 2017 press release for further details).
The company has created a new PowerPoint which can be viewed here.
On behalf of Management
AMERICAN MANGANESE INC.
Larry W. Reaugh
President and Chief Executive Officer
Information Contacts:
Larry W. Reaugh
President and Chief Executive Officer
Telephone: 778 574 4444; Email: lreaugh@amymn.com
www.americanmanganeseinc.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain “forward-looking statements”, which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward –looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/AmericanManganese06152017.pdf
Source: American Manganese Inc. (TSX Venture:AMY, OTC Pink:AMYZF, FWB:2AM)
To follow American Manganese Inc. on your favorite social media platform or financial websites, please click on the icons below.
Maximum News Dissemination by FSCwire. http://www.fscwire.com
Copyright © 2017 Filing Services Canada Inc.
