The Conversation (0)
American Manganese Receives Funding from the Government of Canada for Lithium-ion Battery Recycling Project
Feb. 06, 2020 05:03AM PST
Battery Metals
American Manganese Inc. is pleased to announce that it will receive advisory services and conditional funding from the NRC IRAP.
American Manganese Inc. (TSXV:AMY, OTC:AMYZF, FSE:2AM) (“AMY” or the “Company”) is pleased to announce that it will receive advisory services and conditional funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) to support the International Co-Innovation Action Plan (ICAP) between American Manganese Inc. (AMY) and Battery Safety Solutions B.V. (BSS).
The main objective of the ICAP is to develop a joint action plan and a Go-To-Market strategy between AMY and BSS for a demonstration lithium-ion battery (LIB) recycling plant in Europe and North America based on the co-development and implementation of each firm’s complementary innovative technologies.
“We are proud to receive support from the Government of Canada,” said Larry Reaugh, President and CEO of American Manganese. “We believe American Manganese and Battery Safety Solutions are an excellent match for creating a complete life-cycle material recovery solution for spent and damaged lithium-ion batteries.”
About Battery Safety Solutions B.V.
Battery Safety Solutions provides a leading solution with the highest possible recycling percentage for all batteries and a vast network of partners and suppliers. With a combined 65 years of knowledge and experience – BSS specializes in the collecting, storing, discharging, and dismantling lithium-ion batteries in Europe.
For more information please visit www.batterysafetysolutions.com
American Manganese Inc. is a critical metals company focused on the recycling of lithium-ion batteries with the RecycLiCoTM Patented Process. The process provides high extraction of cathode metals, such as lithium, cobalt, nickel, manganese, and aluminum at high purity, with minimal processing steps. American Manganese Inc. aims to commercialize its breakthrough RecycLiCoTM Patented Process and become an industry leader in recycling cathode materials from spent lithium-ion batteries.
On behalf of Management
AMERICAN MANGANESE INC.
Larry W. Reaugh
President and Chief Executive Officer
Telephone: 778 574 4444
Email: lreaugh@amymn.com
www.americanmanganeseinc.com
www.recyclico.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.
