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American Manganese Awards $2.7M Contract to Kemetco Research for Demonstration Plant Development and Commercial Plant Design
Demonstration Plant to Provide Tool for Licensing or Joint Development of RecycLiCo™ ...
About this update from Recyclico Battery Materials Inc
[{"type":"text","content":"American Manganese Awards $2.7M Contract to Kemetco Research for Demonstration Plant Development and Commercial Plant DesignDemonstration Plant to Provide Tool for Licensing or Joint Development of RecycLiCo™Design Will Increase Commercial Plant Capacity from 3 to 5 Tonnes/Day SURREY, BC / ACCESSWIRE / March 12, 2021 / American Manganese Inc. (TSXV:AMY)(OTCQB:AMYZF)(FSE:2AM) (\"AMY\" or the \"Company\"), with its advanced and patented lithium-ion battery cathode recycling process (RecycLiCo™), is pleased to announce that it has awarded a $2.7 million contract to Kemetco Research Inc. (\"Kemetco\"), a leading metallurgical laboratory. The contract will include the development of a 500 kg/day demonstration recycling plant and the design of a 5 tonne/day commercial recycling plant, using the RecycLiCo™ process.\"Lithium-ion battery recycling is gaining recognition and I'm proud of Kemetco and our team for having the foresight to recognize this opportunity in 2016 and secure leading patents in this field. Research and development projects take time to perfect and minimize risk, but our head-start puts us in an envious position as we advance towards a commercial offering,\" said Larry Reaugh, President and CEO of American Manganese. \"After market research and consultation with Kemetco, we have decided to increase our initially planned commercial plant capacity from 3 tonnes/day to 5 tonnes/day.\"American Manganese has worked with Kemetco since 2016 to develop the closed-loop lithium-ion battery cathode recycling technologies that form the RecycLiCo™ process. To date the AMY-Kemetco collaboration has led to:Testing of various cathode chemistries including NCA, NMC, LCO, and LMOProcess scale-up and optimization from bench-scale to pilot plant testingTest results achieving 99.7% extraction of lithium, nickel, manganese, and cobalt from the RecycLiCo™ pilot plant testingTest results achieving 99.99% purity on recycled lithium-ion battery materialIssuance of US Patent 10246343 and US Patent 10308523Paper publication in the peer-reviewed Journal of the Electrochemical SocietyResearch and development with a specialized cathode precipitation reactor to produce modern cathode precursor material for direct integration into lithium-ion battery re-manufacturingIn order to commercialize the RecycLiCo™ pr...