Project Funded by United States Defense Logistics AgencyAmerican Manganese Inc. is pleased to announce that representative samples of manganese from National Defense Stockpile in Wenden, Arizona were shipped following the completion of the sampling activities announced in the Company’s December 8, 2020 press release. Sample collection is the first step in the Wenden Stockpile project, which is being funded by an …
Project Funded by United States Defense Logistics Agency
American Manganese Inc. (TSXV:AMY)(OTC PINK:AMYZF)(FSE:2AM)(“AMY” or the “Company”) is pleased to announce that representative samples of manganese from National Defense Stockpile in Wenden, Arizona were shipped following the completion of the sampling activities announced in the Company’s December 8, 2020 press release. Sample collection is the first step in the Wenden Stockpile project, which is being funded by an award from the United States Defense Logistics Agency (DLA), to confirm the viability of efficient electrolytic manganese metal (EMM) production using AMY’s patented manganese recovery process (US Patent No. 8,460,631
During the sampling activities, a DLA monitor was present to ensure that proper sampling procedures were adhered to at all times. In addition, Congressman Paul Gosar’s (R-AZ) field office staff, Penny Pew, visited the Wenden Stockpile in support of the project’s potential to create a domestic supply of manganese production, for which the U.S. has been 100% import-dependent since 1973. During the 2-day process, a total of approximately 550 pounds of material was collected in 16 commercial-grade-heavy sealed buckets, with sample locations geo-tagged.
Sample Hole at Wenden Stockpile (December 9, 2020)
The Wenden Stockpile contains approximately 322,000 metric tons of low-grade manganese, which was purchased by the U.S. Government in the 1950s and 1960s. The stockpile has been inactive due to the need of specialized processing methods to transform the low-grade manganese into useful forms of advanced manganese material. If American Manganese is successful in its bench-scale testing project, it could provide an opportunity to build a processing facility to transform the sub-economic manganese resources into a valuable source of EMM.
There is no substitute for manganese in the production of steel, and as BHP Billiton’s former CEO Brian Gilbertson has said, “You cannot make steel without manganese and if you cannot make steel – the world stops.”
“We are thrilled to complete the sampling work ahead of schedule, especially as we get into the holiday season,” said Larry Reaugh, President and CEO of American Manganese. “In the awarded project timeline, our next step will be to conduct assays and leach tests on the samples, which we plan to report in the new year as data is received.”
American Manganese Inc. is a critical metals company focused on recycling of lithium-ion batteries (RecycLiCo™) and the production of electrolytic manganese metal from low grade U.S. resources. The recycling 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 RecycLiCo™ patented process and become an industry leader in recycling cathode materials from lithium-ion battery manufacturing waste.
On behalf of Management
American Manganese INC.
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.
SOURCE: American Manganese Inc.
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