Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc. (“American Manganese” or “AMI” or the “Company”),(TSXV:AMY; PINKS:AMYZF;FRANK:2AM) , is pleased to announce that Kemetco Research Inc. (Kemetco) has successfully extracted nickel, manganese, cobalt and lithium from an NMC cathode material chemistry using AMI’s proprietary hydrometallurgical process.
Seven leach tests were conducted with a range of conditions. Extractions of 100% for nickel, manganese, cobalt and lithium were achieved from cathode powders used in lithium ion batteries. The time required to extract these metals ranged from 30 to 120 minutes, depending on the leaching conditions.
“These results demonstrate the potential for AMI’s proprietary hydrometallurgical process to recycle spent cathode materials from NMC chemistries.” says Mr. Reaugh. “Precipitation test work is underway to determine recoveries of the individual metals. The test data from the successful leach will form part of the intellectual property for which AMI intends to protect for the recycling of high value metals from lithium ion battery cathode materials of multiple chemistries – including, but not limited to: Nickel, Manganese, Cobalt, and Lithium.”
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-Manganes
The company has updated their PowerPoint which can be viewed here.
On behalf of Management
Larry W. Reaugh
President and Chief Executive Officer
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.