00:47:41 EDT Thu 25 Apr 2024
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American Manganese Inc
Symbol AMY
Shares Issued 137,947,169
Close 2017-02-23 C$ 0.265
Market Cap C$ 36,556,000
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American Manganese to present at cobalt conference

2017-02-24 15:19 ET - News Release

Mr. Larry Reaugh reports

AMERICAN MANGANESE INC. INVITED TO PRESENT AT THE COBALT CONFERENCE 2017 IN MARRAKECH, MOROCCO

American Manganese Inc. and Kemetco Research Inc. will be presenting on advanced battery recycling for lithium-cobalt recovery and reuse at the 24th Cobalt Development Institute (CDI) Conference on May 18 in Marrakech, Morocco. The CDI is a non-profit trade association composed of producers, users, recyclers and traders of cobalt. It promotes the sustainable and responsible production and use of cobalt in all its forms. The cobalt conference is an annual event organized by the cobalt industry through the CDI.

The conference will be attended by Norman Chow, president of Kemetco Research, and Larry Reaugh, president and chief executive officer of American Manganese. Mr. Chow will make a technical presentation about American Manganese's patent-pending process for recycling cathode material such as lithium, cobalt and nickel from spent electric vehicle lithium-ion batteries.

"The company is honoured to be invited to its second major technical presentation for its lithium-ion electric vehicle battery recycling process technology. AMI is being recognized as a significant potential player in the supply of cathode materials specifically cobalt, which is in short supply currently trading at $48,000 per tonne," says Mr. Reaugh.

About Kemetco Research Inc.

Kemetco Research is a private sector integrated science, technology and innovation company. Its contract sciences operation provides laboratory analysis and testing, fieldwork, bench-scale studies, pilot plant investigations, consulting services, and applied research and development for both industry and government. Its clients range from start-up companies developing new technologies through to large multinational corporations with proven processes.

It 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 is able to offer a broader range of backgrounds and expertise than most laboratories.

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. Interest in the company's patented process has adjusted the focus of American Manganese toward the examination of applying its patented technology for other purposes and materials. American Manganese aims to capitalize on its patented technology and proprietary know-how to become and industry leader in the recycling of spent electric vehicle lithium-ion batteries having cathode chemistries such as lithium-cobalt, lithium-cobalt-nickel-manganese and lithium-manganese (please see the company's Jan. 19, 2017, press release for further details).

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