American Manganese announces further advance at its pilot project, with 92% extraction of lithium-ion battery material

American Manganese announces further advance at its pilot project, with 92% extraction of lithium-ion battery material

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American Manganese Inc (CVE:AMY) (OTCMKT:AMYZF) has reported a further positive development for its battery recycling pilot project, saying the plant had now achieved 92% extraction of lithium, nickel, and cobalt from cathode scrap material.

The firm's technology recycles lithium-ion batteries with its RecycLiCo patented process to produce cathode metals, such as lithium, cobalt, nickel, manganese, and aluminum at high purity, which can then be put back into the battery making process.

The 92% extraction rate was achieved by the group's research partner Kemetco Research using continuous operation of the RecycLiCo leach stage, the company added.

American Manganese and Kemetco also aim to test the extraction of NMC cathode scrap at continuous operation, the firm said. Test data will be incorporated into the detailed engineering and development of the commercial plant and shared with companies conducting due diligence under non-disclosure agreements (NDAs).

"We are focused on our business strategy of recycling cathode scrap from the battery manufacturing process and directly and seamlessly integrating our recycled product into the battery manufacturing process," said Larry Reaugh, the CEO of American Manganese in a statement.

"This would avoid the need to sell our recycled product further upstream within the battery material supply chain. Therefore, our continued optimization tests are critical in achieving the material specifications required by tier-one battery manufacturers."

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