American Manganese : Advances Demonstration Plant for Lithium-ion Battery Recycling and Upcycling Project - marketscreener.com

6,700 ft2 Facility Poised to Become the First Hydrometallurgical Cathode Waste Recycling and Upcycling Demonstration Facility in North America

American Manganese Inc.("AMY" or the "Company"), a pioneer in advanced lithium-ion battery cathode recycling and upcycling, and its independent R&D contractor Kemetco Research Inc. ("Kemetco") are pleased to report that the 6,700 square foot demonstration plant facility in Greater Vancouver, Canada, is prepared and taking delivery of major equipment to advance its RecycLiCo project. With planned operation start-up in February 2022, American Manganese's 500 kg/day cathode waste RecycLiCo plant is poised to become the first hydrometallurgical demonstration facility in North America for lithium-ion battery recycling and upcycling.

With a clean source of hydroelectric power and the capacity to process multiple tonnes of lithium-ion battery waste, the RecycLiCo plant will be equipped to demonstrate continuous, real-world operating conditions and to supply bulk quantities of upcycled products to potential strategic partners. The Company's ultimate business model is to license and joint venture its patented RecycLiCo process to battery and electric vehicle manufacturers as an in-house technology partner that offers a circular supply of cathode precursors and lithium compound products for zero waste battery manufacturing.

American Manganese has confirmed that its patented and closed-loop RecycLiCo process flowsheet can recycle over 99%...



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