Technology News

American Manganese Inc ("Company"), (TSX.V:AMY)(OTCQB:AMYZF)(FRA:2AM), doing business as RecycLiCo Battery Materials, announced today that Zarko Meseldzija, CTO and Director, will participate in an energy transitional conference call series hosted by Jon Windham, CFA, UBS Alternative Energy & Environmental Services Equity Research Analyst, on Thursday, July 21st at 11:00 am ET

Mr. Meseldzija will discuss RecycLiCo Battery Material's technology and strategy in the lithium-ion battery recycling industry along with current trends, challenges, and opportunities, followed by questions from UBS call series participants.

Event: RecycLiCo Battery Materials on UBS Energy Transition Call Series

Date: Thursday, July 21, 2022

Time: 11:00 am ET

Pre-registration Required to Participate:Register Here

About American Manganese Inc.

American Manganese Inc, doing business as RecycLiCo Battery Materials, is a battery materials company focused on recycling and upcycling lithium-ion battery waste. With minimal processing steps and over 99% extraction of lithium, cobalt, nickel, and manganese, the patented, closed-loop hydrometallurgical process creates valuable lithium-ion battery materials for direct integration into the re-manufacturing of new 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.

SOURCE:American Manganese Inc.



View source version on accesswire.com:
https://www.accesswire.com/708688/RecycLiCo-Battery-Materials-to-Participate-in-Energy-Transition-Call-Series-Hosted-by-UBS

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AMY:CA
American Manganese Inc.

American Manganese Inc.


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RecycLiCo Battery Materials Receives Funding for Feasibility Study on Black Mass Material from End-of-Life Lithium-ion Batteries

RecycLiCo Battery Materials Receives Funding for Feasibility Study on Black Mass Material from End-of-Life Lithium-ion Batteries

American Manganese Inc ("Company"), (TSXV:AMY)(OTCQB:AMYZF)(FSE:2AM) doing business as RecycLiCo Battery Materials, a pioneer in advanced lithium-ion battery recycling and upcycling, is pleased to announce that it is receiving advisory services and funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) to support a feasibility study to target the removal of fluoride from black mass containing high concentrations of fluoride

When a lithium-ion battery reaches its end-of-life, the battery undergoes a mechanical pre-treatment method that produces a black mass material containing lithium, nickel, manganese, cobalt, and unwanted impurities such as fluoride. These impurities can cause significant corrosion and contamination issues in the downstream hydrometallurgical processing steps.

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RecycLiCo Battery Materials

RecycLiCo Battery Materials Announces Life Cycle Assessment Results for Lithium-ion Battery Recycling-Upcycling Process

LCA was Conducted in Accordance with ISO Standards and Critically Reviewed by Independent Experts

American Manganese Inc (TSXV:AMY)(OTCQB:AMYZF)(FSE:2AM) ("Company"), doing business as RecycLiCo Battery Materials, is pleased to announce the results of a life cycle assessment (LCA) completed by Minviro Ltd. ("Minviro"), a UK-based and globally recognized sustainability and life cycle assessment consultancy, on the Company's lithium-ion battery recycling-upcycling process

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American Manganese Delivers NMC-811 Cathode Precursor from Recycled Lithium-ion Battery Material

American Manganese Delivers NMC-811 Cathode Precursor from Recycled Lithium-ion Battery Material

Highlights:

  • NMC-811 cathode precursor delivered to active collaborators in North America, Europe, and Asia
  • Recycled material to be third-party analyzed and battery performance tested
  • Internal analysis indicates product specifications are within desired industry ranges
  • NMC-811 cathode precursor recycled and upcycled from electric vehicle black mass

American Manganese Inc. (TSXV:AMY)(OTCQB:AMYZF)(FSE:2AM) ("AMY" or the "Company"), a pioneer in advanced and environmentally friendly lithium-ion battery cathode recycling-upcycling, is pleased to provide an update on its technology and partnership development strategy

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American Manganese Reschedules Shareholder Meeting

American Manganese Reschedules Shareholder Meeting

American Manganese Inc. (TSXV:AMY)(OTCQB:AMYZF)(FSE:2AM) ("AMY" or the "Company") has rescheduled its annual general and special meeting of shareholders (the "Meeting") to July 8, 2022, at 11:00 a.m. Further details on the meeting will be contained in a new Notice of Meeting and the management information circular that will be mailed to shareholders and filed on SEDAR

About American Manganese Inc.

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American Manganese Invited to Present at the Massachusetts Institute of Technology for Evonik's Battery Solutions Day

American Manganese Invited to Present at the Massachusetts Institute of Technology for Evonik's Battery Solutions Day

American Manganese Inc. (TSXV:AMY)(OTCQB:AMYZF)(FSE:2AM) ("AMY" or the "Company") is pleased to have been selected as 1 of 15 finalists, among more than 120 companies, to meet with decision-makers of different business lines at Evonik Industries AG ("Evonik"), a leading specialty chemicals company. American Manganese will be presenting its patented lithium-ion battery recycling technology, RecycLiCo, at the upcoming Evonik Battery Solutions Day hosted by the Massachusetts Institute of Technology (MIT

Evonik, in collaboration with Blumorpho, is exploring potential collaboration and investment opportunities with organizations that demonstrate a high level of differentiation and strong value proposition across multiple battery solutions. Evonik is facilitating round table meetings on business discussions that will take place at MIT on May 4th and 5th, 2022.

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JustKitchen Optimizing Operations Using Technology

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The Company is Investing in Several Core Aspects of its Teck Stack Including the JKOS Platform, LPOS System, Franchise Model, Mobile Food Ordering Application, Supply Chain Integration, Sigma Tool and JK University Repository

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The Company's Margin Initiative Includes Streamlining Operations, Pursuing More B2B Opportunities, Lowering COGS, Reducing Redundancies and Renegotiating Key Agreements at Opportune Times

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Lake Resources NL  Quarterly Activities Report

Lake Resources NL Quarterly Activities Report

Sydney, Australia (ABN Newswire) - Lake Resources NL (ASX:LKE) (FRA:LK1) (OTCMKTS:LLKKF) is providing a clean solution to the delivery of high quality lithium into the battery materials supply chain powering the energy transition. Lake uses disruptive, direct extraction technology (DLE) from its partner, Lilac Solutions Inc in California (Lilac), who is earning into the flagship Kachi Project, for efficient production of high purity lithium with significant ESG benefits. No mining is involved in the brine processing.

Production from the flagship Kachi Lithium Brine Project is targeted to commence in 2024 at a rate of 50,000 tpa lithium carbonate. Kachi is indicatively financed into production with long dated low-cost project finance from the UK Export Finance and Canada's EDC for approximately 70% of the total finance required for Kachi's development, subject to standard project finance terms (ASX release 11 Aug 2021).

Lake's development plan uses a cost-effective DLE method that enables Lake to come to market quickly at significant scale with strong ESG benefits, a low carbon (CO2) footprint, low water and low land use.

High purity battery quality lithium carbonate (99.97% purity) has been produced (ASX release 20 Oct 2020) from pilot plant modules, which performed successfully in NMC622-based lithium-ion battery test cells (ASX release 2 March)

Lilac Demonstration Plant Delivered to Kachi Project

Lilac's demonstration plant has been delivered from California USA to the Kachi Project by Lakes' technical partner, Lilac Solutions, after extensive and successful test work. The ion exchange modules and supporting equipment were assembled for the demonstration plant in five 40 ft (12m) shipping containers. The modular design allows for a "plug and play" approach once brine feed, power and reagents are connected.

The demonstration plant is currently being assembled prior to commissioning.

The demonstration plant will operate for around 3 to 4 months to produce lithium chloride (eluate) representing 2.5 tonnes of lithium carbonate. This will be converted into high purity battery quality lithium carbonate for potential offtakers and battery qualification later in the year. Producing high purity product on site further de-risks the project for offtakers, financiers and investors. Test work in California, USA continues to produce data for the Definitive Feasibility Study and product samples for testing.

Kachi Lithium Brine Project

Appointment of Joint Coordinators for Debt Finance

Citi and JPMorgan were appointed during the quarter as join coordinators for the proposed debt finance of the Kachi project following an extensive and competitive tender process.

The investment banks will coordinate workstreams between lenders and third-party analysis on major project milestones including due diligence, JORC compliant definitive feasibility study (DFS) and the Environmental Social Impact Assessment (ESIA).

Discussions have continued with the UK Export Finance (UKEF), the Export Credit Agency (ECA) of the United Kingdom, and Export Development Canada (EDC), who have previously provided indicative support for approximately 70% of the total finance required for Lake's Kachi project at the expanded rate of 50,000 tpa LCE, subject to standard project finance terms. Project finance terms include, among others, suitable structured offtake contracts, the successful completion of Kachi's Definitive Feasibility Study (DFS), and an Environmental and Social Impact Assessment (ESIA) to Equator Principles (ASX release 11 Aug 2021).

Drilling Continues at Kachi

Drilling continues at Kachi to reinforce prior lithium assay results extending beyond the limits of the current resource. Such drilling is aimed to support planned production targets for the Kachi Project (ASX release 15 Dec 2021). A four well diamond drill programme and an additional rotary drill programme is underway with the intention to upgrade the resource to a higher category and to expand it (ASX release 7 Jul 2021).

Cauchari, Olaroz and Paso Lithium Brine Projects

Jujuy Province, Argentina

Lake owns three lithium brine projects, Cauchari, Olaroz and Paso, over 47,000 hectares in Jujuy Province in north-west Argentina. Lake aims to bring forward development of these projects to ensure multi-asset lithium expansion by drilling and testing prior to anticipated additional feasibility studies.

A second drilling rig has arrived on site to supplement the drilling program that commenced in February.

Drilling is now advancing at both Olaroz and Paso projects. Assay results are expected to become available during 3Q.

The drill wells are designed as part of an accelerated program across all projects in the area to quantify brines identified, develop aquifers, and conduct pump tests with data for initial feasibility studies. Rotary wells will be followed by diamond holes. Brines will be sampled and tested with direct lithium extraction methods, similar to previous work conducted on Kachi project lithium brines.

Lake has previously confirmed multiple high-grade lithium brine zones in drilling in 2019 at the Cauchari Project (ASX release 23 Aug 2019). The higher-grade results averaged 493 mg/L lithium over 343m (from 117m to 460m), up to 540 mg/L, which are similar to lithium brines in the adjoining Ganfeng/Lithium Americas JV production development.

Cash Position and Finance

Lake held cash of A$175 million (US$120m) as at 30 June 2022 (in AUD, USD and Argentine Pesos) with no debt.

The Company is financed through to the Final Investment Decision (FID) and construction finance phase, including the Definitive Feasibility Study (DFS) for the Kachi project.

Payments to related parties of the entity and their associates:

Amounts paid to related parties of the entity and their associates during the quarter were $569,000. These amounts related to normal Directors fees including the salary of the former Managing Director, the fees for the Executive Technical Director for the Definitive Feasibility Study and fees for the Executive Chairman for ongoing marketing and fundraising activities.

*To view the full Quarterly Report, please visit:
https://abnnewswire.net/lnk/561A01RW



About Lake Resources NL:

Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects are in a prime location within the Lithium Triangle, where 40% of the world's lithium is produced at the lowest cost.

This method will enable Lake Resources to be an efficient, responsibly-sourced, environmentally friendly and cost competitive supplier of high-purity lithium, which is readily scalable, and in demand from Tier 1 electric vehicle makers and battery makers.



Source:
Lake Resources NL

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American Manganese Inc. Announces Results of Annual General Meeting of Shareholders

American Manganese Inc. Announces Results of Annual General Meeting of Shareholders

American Manganese Inc ("Company"), (TSX.V:AMY)(OTCQB:AMYZF)(FSE:2AM), doing business as RecycLiCo Battery Materials, is pleased to report the results of its 2022 Annual General and Special Meeting. At the meeting, shareholders re-elected Larry W. Reaugh, Andris Kikauka, Edward Skoda, Paul Hildebrand, and Zarko Meseldzija as directors of the Company for the ensuing year. DeVisser Gray, Chartered Accountants were reappointed as auditors of the Company

Norman Tribe, who did not stand for re-election at the meeting,has served as a director of the Company since 2014. Mr. Tribe has been a valuable resource for American Manganese, with his expertise in the field of geophysics. AMY thanks Norm for his many years of assistance and guidance and wishes him good health and prosperity in the future.

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The testing growth and demand is fueled by the seventh wave Canadians are now facing as experts suggest the new submerged Omicron variant, BA.5 has caused the newest spike in infections. (Source: https://globalnews.ca/news/8994313/long-term-care-covid-outbreak-spike-7th-wave-canada/)

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