American Manganese Inc. Successfully Completes Initial Test on Final Stage of Lithium-ion Battery Recycling Pilot Plant Project RecycLiCoTM Pilot Plant Prepares for Full Stage Testing on Third-Party Cathode Material
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American Manganese Inc. Successfully Completes Initial Test on Final Stage of
Lithium-ion Battery Recycling Pilot Plant Project
RecycLiCoTM Pilot Plant Prepares for Full Stage Testing on Third-Party Cathode Material
September 17, 2019 - Surrey, BC TSX.V: AMY | OTC US: AMYZF| FSE: 2AM
American Manganese Inc. (“AMY” or the “Company”) is pleased to announce that the Company’s
independent contract lab, Kemetco Research, has successfully completed an initial test on the final stage
(Stage 5) of the RecycLiCoTM pilot plant project on solutions generated from treatment of both NMC and
NCA type cathode scraps . Kemetco will continue processing t he remainder of test material for further
data validation.
Stage 5 testing consisted of a newly developed proprietary process, which focuses on the recovery of
battery-grade lithium, reduction of reagent usage and processing steps. Due to the proprietary nature
of the technology, American Manganese is not disclosing all testing results. However, based on the
success of this stage , the Company expects to file for its third patent in lithium-ion battery recycling .
American Manganese Inc. currently holds U.S. Patent No. 10,246,343 and Patent No. 10,308,523 for its
lithium-ion battery recycling technology under its wholly owned U.S. subsidiary, Rocher Manganese Inc.
“Lithium-ion battery recycling is a certainty , and with the growing demand in electric vehicl es and
portable electronics, American Manganese plans to be a global leader in lithium- ion battery recycling,”
said Larry Reaugh, President and CEO of American Manganese. “Our patented RecycLiCo TM process
would eliminate waste by diverting end-of-life lithium-ion batteries from landfills; reduce mined raw
materials by providing recycled materials for the lithium- ion battery supply chain; improve
manufacturing costs by recycling cathode scrap for use in future lithium-ion cathode manufacturing, and
eliminate carbon emissions with our closed-loop hydrometallurgical process.”
American Manganese first reported high extraction results from stages 1 and 2 of the pilot plant project
in its April 11, 2019 news release, followed by the testing of stages 3 and 4, which reported high purity
NMC (nickel-manganese-cobalt) and NCA (nickel-cobalt-aluminum) cathode material results as disclosed
in the July 24, 2019 news release and the August 27, 2019 news release . American Manganese has
received cathode materials from third parties, including internationa l battery manufacturers and is
preparing for full stage testing in the RecycLiCo TM pilot plant. The Company anticipates an increase in
third party interest will extend its pilot plant testing.
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About Kemetco Research Inc.
Kemetco Research is a private sector integrated science, technology and innovation company. Their
Contract Sciences operation provides lab oratory analysis and testing, field work, bench scale studies,
pilot plant investigations, consulting services, applied research and development for both industry and
government. Their clients range from start-up companies developing new technologies through to large
multinational corporations with proven processes.
Kemetco provides scientific expertise in the fields of Specialty Analytical Chemistry, Chemical Process
and Extractive Metallurgy. Because Kemetco carries out research in many different fields, it can offer a
broader range of backgrounds and expertise than most laboratories.
About American Manganese Inc.
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 battery grade purity, with minimal processing steps.
American Manganese Inc. aims to c ommercialize 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: [email protected]
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.