American Manganese Inc. Approves Second Lithium-Cobalt Recycling Research Program as Proof of Concept Work Nears Completion
Surrey, British Columbia (FSCwire) - Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc. (“American Manganese” or the “Company”), (TSX.V: AMY; Pink Sheets: AMYZF; Frankfurt: 2AM), is pleased to announce that the Company has received and accepted the “Reagent Optimization and Locked Cycle Scoping Study” proposal from Kemetco Research Inc. (Kemetco). The testing program is scheduled to begin by mid-October 2016.
Under the current research program, American Manganese has conducted scoping studies as a proof of concept to show that a popular cathode material, lithium cobalt oxide, could be leached and that the leached cobalt and lithium could then be precipitated for reconstituting the cathode materials. Phase 1 extractions of 100% for both lithium and cobalt were achieved from cathode powders used for lithium ion batteries, and Phase 2 showed 91% of the cobalt and 60% of the lithium could be precipitated from the leach solution in a single pass. Repeating the cycle multiple times should increase the recovery of lithium to approach 90%. (See the Company’s press release dated September 16, 2016.)
“Currently, the Company is diligently proceeding with Phase 3 of its scoping test program to build prototype coin cell rechargeable batteries (see example: AMY Lithium Ion Battery Assembly 2012) from reconstituted lithium and cobalt powders generated to-date,” says Mr. Larry Reaugh. “If Phase 3 produces successful results, the Company’s process will be sufficiently proved to justify filing a US Provisional Patent Application of the Company’s proprietary process.”
Kemetco has prepared a graduated technology development program with the goal of developing a complete flowsheet to maximize the recovery of valuable cathode components while minimizing reagent consumption and addressing water balance in an environmentally friendly and economic manner. The work breakdown structure is as follows:
° Reagent Optimization and Locked Cycle Scoping Studies on LiCoO2 (Approved)
° Locked Cycle Optimization on LiCoO2
° Development Work on LiNiMnCo, LiMnO, LiNiCoAl Chemistries
° Locked Cycle Optimization on LiNiMnCo, LiMnO, LiNiCoAl Chemistries
° Pilot Plant Demonstration and Engineering Scale-up
- Pre-commercial Demonstration
° Processing and Testing Customer Products
About Kemetco Research Inc.
Kemetco Research Inc. is a privately owned contract research and development company specializing in extractive metallurgy, chemical processing and specialty chemical analysis. It was formed after the acquisition of the industrial process division of B.C. Research, which had been in operation for over 60 years as a research and development contractor in British Columbia.
About American Manganese Inc.
American Manganese Inc. 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 Inc. toward the examination of applying its patented technology for other purposes and materials. American Manganese Inc. 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 March 31, 2016 press release for further details).
On behalf of Management
AMERICAN MANGANESE INC.
Larry W. Reaugh
President and Chief Executive Officer
Information Contacts:
Larry W. Reaugh
President and Chief Executive Officer
Telephone: 778 574 4444; Email: lreaugh@amymn.com
www.americanmanganeseinc.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain “forward-looking statements”, which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward –looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/AmericanManganese10032016_0.pdfSource: American Manganese Inc. (TSX Venture:AMY, OTC Pink:AMYZF, FWB:2AM)
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