Business
American Manganese Reports 99.99% Purity on Recycled Tier-One Company Lithium-ion Battery Material
RecycLiCo TM Patented Process Produces Nickel-Cobalt Sulfate from NCA Cathode Scrap SUR...
About this update from Recyclico Battery Materials Inc
[{"type":"text","content":"American Manganese Reports 99.99% Purity on Recycled Tier-One Company Lithium-ion Battery MaterialRecycLiCoTM Patented Process Produces Nickel-Cobalt Sulfate from NCA Cathode ScrapSURREY, BC / ACCESSWIRE / April, 2, 2020 / American Manganese Inc. (TSXV:AMY)(OTCPINK:AMYZF)(FSE:2AM) (\"AMY\" or the \"Company\") is pleased to report independent analytical results from the Company's contract lab, Kemetco Research, an integrated science, technology, and innovation company. Using American Manganese's patented RecycLiCoTM process, Kemetco conducted recycling tests on lithium-ion battery cathode material and produced a nickel-cobalt sulfate product at 99.99% purity.The lithium-ion battery material was received as NCA cathode scrap from a tier-one battery manufacturing company, previously announced in the Company's February 28, 2020 press release. American Manganese will now prepare the recycled product for shipment back to the tier-one company for their testing and independent analysis. Due to COVID-19 restrictions, the Company foresees delays in shipment and testing but will report on results as they are received and reviewed.American Manganese first reported 99.98% pure nickel-cobalt hydroxide product from recycling tests on NCA cathode scrap. The recently announced production of a nickel-cobalt sulfate is a first effort for the Company, and it continues to expand the Company's portfolio of recycling capabilities. American Manganese is tailoring its recycling products for suitable integration into the newest generation cathodes, which are proprietary formulas developed by battery manufacturers for superior lithium-ion battery performance and cost.\"We are extremely impressed with the Kemetco team and their ability to adapt and optimize our patented RecycLiCo process to produce recycled sulfate material for a tier-one battery manufacturer,\" said Larry Reaugh, President and CEO of American Manganese. \"Sulfates were requested by more than one tier-one company that has been in discussion with American Manganese, so we are pleased with our capabilities.\"American Manganese will continue to pioneer and promote a circular economy for the lithium-ion battery supply chain. The Company believes that lower oil prices won't stop the massive shift to electric vehicles because compliance with stricter CO2 emission levels and the admirable perform...