Mr. Larry Reaugh reports

AMERICAN MANGANESE'S BATTERY MATERIALS RECOVERY TARGETS INCLUDE 3 METALS/MINERALS INCLUDED ON THE U.S. GOVERNMENT'S NEWLY-PUBLISHED CRITICAL MINERALS LIST

American Manganese Inc. has commented on the inclusion of three of its target metals -- lithium, cobalt and manganese -- on the United States government's official critical minerals list. The list, mandated by executive order on Dec. 20, 2017, includes 35 minerals and metals considered "critical to the U.S. economy and national security."

According to the U.S. Geological Survey's report on the critical minerals list:

• Lithium, cobalt and manganese are each one of nine minerals on the critical list to meet all six of the industrial/defence sector indicators used in the list's formulation.
• Manganese is one of 14 minerals on the list for which the U.S. is 100-per-cent import dependent, and it is one of five minerals to meet all six of the industrial/defence sector indicators and for which China is the leading global producer.

With interest in critical minerals intensifying, American Manganese's advisory board member Dan McGroarty, who has testified numerous times before the U.S. Senate and House of Representatives on critical minerals issues, published an op-ed in Investor's Business Daily titled, "For Want of a Nail: It's Time to Make the Connection Between Critical Minerals and National Defense."

In the op-ed, Mr. McGroarty noted that:

• Sixteen of the 35 critical minerals appear in a non-classified defence study as "hav[ing] already caused some kind of significant weapon system production delay for DoD [Department of Defense]."
• For 22 of the 35 listed minerals, China is either the leading global producer, leading U.S. supplier or both.

"The metals and minerals on which U.S. weapons platforms depend are all too often sourced from foreign suppliers -- a vulnerability that America's adversaries could exploit in time of conflict," Mr. McGroarty wrote. "Until now, however, awareness of the problem has not produced action anywhere near adequate to reverse or even reduce this dangerous dependency."

"Dan's article highlights the new focus on critical minerals as a U.S. government policy priority," said Larry Reaugh, chief executive officer of American Manganese. "In fact, every major industrialized nation is going to need reliable access to cobalt, lithium, manganese and other critical minerals in order to maintain advanced manufacturing, develop alternative energy systems and meet national security needs."

The U.S. government's new focus on critical minerals comes as American Manganese's U.S. patent application was published on May 17, 2018. The full press release on the patent -- No. WO2018/089595 and titled, "Process of cobaltous sulphate/dith-ionate liquors derived from cobalt resource," is available on-line.

With the publication of the U.S. government's critical minerals list, the U.S. Department of Commerce will now issue a report on recommendations to increase domestic supply of critical minerals no later than Aug. 16, 2018.

About Mr. McGroarty

Mr. McGroarty has consulted for nearly two decades with firms in the resource sector, with a focus on strategic and critical metals. He has testified to both the House and Senate energy and natural resources committees on critical and strategic materials issues. Prior to establishing his consultancy, Mr. McGroarty served as special assistant to the president in the White House and as presidential appointee to two secretaries of defence. His commentary and articles on critical minerals and a range of policy issues have appeared in The Wall Street Journal, the New York Times, Investor's Business Daily, Politico, Forbes, The Hill, on FoxNews's website, National Review, the Los Angeles Times, The Public Interest, Policy Review and The American Spectator.

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.

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