10:51:47 EST Thu 21 Feb 2019
Enter Symbol
or Name

American Manganese Inc
Symbol C : AMY
Shares Issued 142,279,669
Close 2017-06-14 C$ 0.17
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American Mn process nears 100% extraction for Li, Ni

2017-06-15 08:19 ET - News Release

Mr. Larry Reaugh reports


Kemetco Research Inc. has extractions approaching 100 per cent for lithium, nickel, manganese, cobalt and aluminum from typical NCA (lithium, nickel, cobalt, aluminum) and LMO (lithium manganese dioxide) cathode material chemistries using American Manganese Inc.'s proprietary hydrometallurgical process. These results are in addition to the previously announced extraction results from LCO (lithium, cobalt), Aug. 4, 2016, and NMC (lithium, nickel, cobalt, manganese), April 11, 2017, cathode material chemistries.

Mr. Reaugh says: "The testing program has confirmed that all the commonly used rechargeable electric battery cathode materials can be leached using the company's hydrometallurgical process. Lithium, cobalt, nickel, aluminum and manganese can then be recovered by either discrete product or co-product precipitation, depending on which flowsheet is being used."

Furthermore, the latest result after 10 locked-cycle runs for lithium recovered from discrete product precipitation for LCO material has increased to 92 per cent from 87 per cent previously announced on March 30, 2017.

"The test work is proceeding on schedule and on budget and the results to date are in line with our expectations," says Norman Chow of Kemetco Research Inc. He goes on to say, "The tests for the metal extractions and recoveries provide the data required to confirm the various process flowsheets for treating commercial cathode materials to be included in AMI's final patent application, which we expect to submit by November of this year."

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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