RecycLiCo Batter Stock Price, News & Analysis

American Manganese Inc. (AMYZF) has announced the nearing completion of its Wenden Stockpile Reclamation project, funded by the Defense Logistics Agency. The project aims to prepare purified manganese sulfate solution for producing electrolytic manganese metal (EMM). Key achievements include up to 99% manganese extraction and enhanced process efficiencies. The project supports U.S. goals to reduce reliance on foreign manganese, particularly from China, amid the growing demand from the electric vehicle industry.

American Manganese Inc. (AMYZF) has filed a preliminary short form base shelf prospectus with the British Columbia Securities Commission. This Shelf Prospectus allows the Company to offer up to $25,000,000 of various securities over a 25-month period, enabling financial flexibility for future opportunities. The net proceeds may be allocated for general corporate purposes, capital expenditures, and acquisitions. The final terms will be detailed in future prospectus supplements. The Shelf Prospectus aims to position the Company favorably in a dynamic market environment.

American Manganese Inc. has published a technical paper in the International Journal of Green Energy detailing a novel closed-loop process for recycling spent lithium-ion battery cathode materials. The research, conducted by Kemetco Research, illustrates how the new method effectively extracts lithium, nickel, cobalt, and manganese while regenerating key reagents, significantly reducing operational costs and environmental impacts associated with wastewater. The process has been validated across different scales under practical conditions, affirming its potential in sustainable battery recycling.

American Manganese (TSXV:AMY, OTCQB:AMYZF) has announced the initiation of geophysical tests by the Rocher Deboule IP crew at the Vent Zone IOCG targets, located south of New Hazelton, BC. The Rocher Deboule deposit previously produced significant amounts of silver, gold, and copper. Recent fieldwork has revealed potential for IOCG deposits in the area. Post-survey drilling is planned, pending permit approval. The company aims for minimal environmental impact during the drilling process, utilizing helicopters for logistics.

American Manganese Inc. (AMYZF) announced receipt of a Notice of Allowance for its lithium-ion battery recycling technology RecycLiCo™ from the Japanese Patent Office. This patent will complement existing patents in the U.S. and South Korea, enhancing AMY’s global patent portfolio. The RecycLiCo™ process claims high extraction rates for key metals, crucial in a growing battery industry. The company also has pending applications in regions like China, Europe, and others, underscoring a robust strategy in battery materials recycling.

American Manganese Inc. (AMYZF) announced the successful production of NMC-532 cathode precursor from recycled NMC cathode waste, signaling a leap in battery recycling technology. The company's RecycLiCo™ process allows for the upcycling of older cathode chemistries to modern standards, enhancing material recovery up to 100%. The White House's recent supply chain report suggested policy support for integrating RecycLiCo™ with Gigafactories, addressing the U.S.'s limited raw material production. This could streamline the supply chain in lithium-ion battery manufacturing.

American Manganese Inc. held its annual general meeting on June 9, 2021, where all proposed resolutions were approved by shareholders. Key outcomes included the re-election of directors Larry Reaugh, Andris Kikauka, Edward Skoda, Norman Tribe, Kurt Lageschulte, and Zarko Meseldzija. Additionally, DeVisser Gray LLP was appointed as auditors for the upcoming year. The company also increased the number of stock options available for grant to 20% of its issued and outstanding shares as of the meeting date.

American Manganese Inc. (AMYZF) has commented on the White House's report regarding the U.S. battery supply chain and recycling, released in response to President Biden's executive order. The report highlights the opportunity to recycle spent lithium-ion batteries, reducing waste and improving supply chains. AMY's RecycLiCo process is recognized as a vital component of sustainable practices in battery recycling. The company is engaged with the U.S. DOE and DoD as part of a new Battery Recovery and Recycling Task Force, emphasizing the need for domestic recycling capacities to support its initiatives.

American Manganese (TSXV:AMY, OTCQB:AMYZF) has produced high-quality NMC cathode precursor material from recycled NMC cathode waste using its patented RecycLiCo™ process. This new material, which possesses similar specifications to conventional cathode materials, signals a significant advancement in battery recycling. Furthermore, the company plans to enhance its process flexibility by adjusting leached metal ratios to recycle older cathode chemistries into modern variants in a single closed-loop system. This innovation is expected to integrate recycling directly within Gigafactories, addressing battery production waste.