American Manganese Inc.(TSXV:AMY) announced that it has received funding for the development of lithium ion battery materials. If the company research is successful, it will add a second source of revenue for American Manganese.
As quoted in the press release:
it will receive a new contribution agreement with the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP). With this contribution agreement in place, the Company has retained Kemetco Research Inc. (“Kemetco”) of Richmond, BC to undertake research in the production of an improved lithium manganese dioxide.
Why Have Most Investors Forgotten About Metals - One Of The Safest Investments In The World?Discover everything you need to know to diversify your portfolio with metals. Click below to download a FREE industry report on critical metals investing.
Get My Investor's Guide
Click here to download for free