Business
American Manganese to Initiate New IP Development and Mini-Pilot Plant to Advance Cathode Recycling Technology
VANCOUVER, BC / ACCESSWIRE / December 20, 2017 / Larry W. Reaugh, President and Chief Execut...
About this update from Recyclico Battery Materials Inc
[{"type":"text","content":"American Manganese to Initiate New IP Development and Mini-Pilot Plant to Advance Cathode Recycling TechnologyVANCOUVER, BC / ACCESSWIRE / December 20, 2017 / Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc., (TSX-V: AMY; OTC PINK: AMYZF; FRA: 2AM) (''AMI'' or the ''Company'') is pleased to report the Company has received the ''New IP (''Intellectual Property'') Development and Mini-Pilot Plant'' proposal from Kemetco Research. The proposal's objectives are as follows:\n\n Develop new IP using information identified in the previous work that would streamline the overall process further, by eliminating by-product production and reduce equipment requirements.\n Develop new IP to recover graphite from the anode materials.\n Develop new IP to recover copper and aluminum foils.\n Design, engineer and construct a mini-pilot plant\n Operate the pilot plant to obtain scale-up data and test customer materials in a practical manner. \n\nThe total budget for the above program in 2018, has been estimated to cost $2,277,000.00.\n''AMI's successes this past year are an indication that 2018 will continue to be impressive as future development unfold,'' said Mr. Reaugh.\nThe proposal was prepared by Norm Chow, Anca Nacu and Randy Agius of Kemetco Research. Mr. Chow and Dr. Nacu are co-inventors of the AMI cathode recycling patent applications, which are 100% owned by AMI. Mr. Agius has been Kemetco's metallurgical lab manager since 2016. Mr. Agius has over 45 years of professional experience in the mining industry, starting with 32 years at INCO, where he was involved in commissioning and operation of a cobalt refinery in Port Colborne, Ontario. In addition, Mr. Agius is a pioneer in the INCO SO2/Air process for cyanide destruction. In 2006, Mr. Agius established a consulting firm through which he personally designed, commissioned, and installed over 65 SO2/Air cyanide detox plants worldwide. Mr. Agius experience will be invaluable in advancing the technology towards commercialization as utilization of SO2 is of key importance to the AMI cathode recycling technology. \nCobalt prices have increased significantly from approximately $23,000 USD per metric tonne in 2015 to just under $72,500 USD per metric tonne today (www.infomine.com). Two years ago, AMI recognized that the electric vehicle revolution coupled with...