23:45:11 EDT Fri 28 Apr 2017
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American Manganese Inc
Symbol C : AMY
Shares Issued 137,947,169
Close 2017-03-02 C$ 0.255
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American Manganese, Ames to explore battery recycling

2017-03-02 11:19 ET - News Release

Mr. Larry Reaugh reports

AMERICAN MANGANESE INC. EXECUTES MOU WITH U.S. GOVERNMENT'S AMES LABORATORY ON LITHIUM ION BATTERY RECYCLING

American Manganese Inc. has entered into a memorandum of understanding with Ames Laboratory, a U.S. Department of Energy national laboratory operated by Iowa State University. Ames is the lead national laboratory for the Critical Materials Institute, a U.S. Department of Energy Innovation hub established by Congress in 2013.

As the memorandum of understanding notes:

  • The agreement allows both parties to share an interest in collaborating in the area of materials science to synergistically augment the scope and expertise of each organization and to enhance the technological development of both organizations.
  • Both parties recognize that the recovery and reclamation of metals and minerals from spent lithium-ion batteries represent a significant source of critical materials.
  • Both parties share an interest in collaborating in the exploration of electric vehicle (EV) battery materials recycling options from spent electric vehicle lithium-ion batteries having cathode chemistries such as lithium-cobalt, lithium-cobalt-nickel-manganese and lithium-manganese.

The memorandum of understanding with the U.S. government's Ames Lab follows last month's award to American Manganese from the Canadian government's National Research Council of Canada industrial research assistance program (NRC-IRAP) for the continued development of the company's spent electric vehicle battery cathode materials recycling technology.

About American Manganese Inc.

American Manganese 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.

We seek Safe Harbor.

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