21:27:48 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



American Manganese Inc
Symbol AMY
Shares Issued 165,019,403
Close 2018-05-29 C$ 0.175
Market Cap C$ 28,878,396
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American Manganese publishes patent application

2018-05-29 09:08 ET - News Release

Mr. Larry Reaugh reports

AMERICAN MANGANESE INC. ANNOUNCES PUBLICATION OF LITHIUM ION BATTERY CATHODE RECYCLING PROCESS PATENT PENDING

American Manganese Inc.'s U.S. patent application was published on May 17, 2018, under publication No. WO2018/089595 and titled "Process of Cobaltous Sulphate/Dith-Ionate Liquors Derived from Cobalt Resource."

The publication is available for viewing and downloading on the World Intellectual Property Organization website. The product application discusses the company's hydrometallurgical process for the successful recycling and recovery of cathode materials such as lithium, cobalt, nickel, manganese and aluminum from lithium-ion batteries.

"Publication of the patent process takes us away from the area of a black box technology and now discloses the underlying process, which we believe will assist the company in moving forward with potential partnerships," said Larry W. Reaugh, chief executive officer.

With increasing metal prices, decreasing resource availability and environmental regulations becoming stricter, ownership of this intellectual property creates a significant global opportunity for American Manganese.

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 and 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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