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American Manganese Reviews 2021 Highlights
SURREY, BC / ACCESSWIRE / December 22, 2021 / American Manganese Inc. (TSXV:AMY)(OTCQB:AMYZF...
About this update from Recyclico Battery Materials Inc
[{"type":"text","content":"American Manganese Reviews 2021 HighlightsSURREY, BC / ACCESSWIRE / December 22, 2021 / American Manganese Inc. (TSXV:AMY)(OTCQB:AMYZF)(FSE:2AM) (\"AMY\" or the \"Company\") is pleased to share a year-end review of the significant company highlights that have been fundamental in strategically positioning American Manganese for the new year.Lithium-ion Battery Cathode Recycling (RecycLiCo) Highlights:Achieved successful recycling and upcycling of lithium-ion battery black mass and production scrap into NMC532, NMC622, and NMC811 cathode precursor and sent samples to third parties for product validationAchieved successful production of 99.99% pure lithium sulfate, from waste battery material, and sent samples to third parties for product validationBegan modelling, design, and preparation of the RecycLiCo demonstration plantSigned Memorandum of Understanding with Italvolt SpA to develop commercial recycling plant alongside Italvolt's planned Gigafactory in Scarmagno, ItalyReceived advisory services and funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) to support a pilot project, entitled, 'Demonstration of Continuous Recycling of Cathode Material from Lithium-ion Battery Production Scrap'Awarded Solar Impulse Efficient Solution Label, an initiative by the Solar Impulse Foundation to select solutions that meet high standards in profitability and sustainabilityTechnical battery recycling papers published in the Journal of the Electrochemical Society and International Journal of Green EnergyIssued patents in South Korea, Japan, India and received a patent ‘notice of allowance' in CanadaWenden Stockpile Reclamation and Advanced Material Processing Project Highlights:Completed and submitted all identified milestones in the U.S. Defense Logistics Agency (DLA) awarded project to perform work on the United States Government's manganese stockpile located near Wenden, ArizonaAchieved 99% manganese extraction results and produced electrolytic manganese metal (EMM) from Wenden Stockpile material.Financing Highlights:Closed brokered private placement for gross proceeds of C$20 million. The Company issued up to 20,000,000 Common Shares at a purchase price of C$1.00 per and associated Warrant at a purchase price of C$1.25.Received approximately $6,000,000 from the exercise of issued warr...