RecycLiCo Batter Stock Price, News & Analysis

American Manganese Inc. has awarded a $2.7 million contract to Kemetco Research Inc. to develop a 500 kg/day demonstration recycling plant and design a 5 tonne/day commercial plant for its RecycLiCo™ lithium-ion battery recycling process. This partnership enhances AMY's capacity in battery recycling, aiming for high extraction rates and purity of metals like lithium and cobalt. The project positions AMY favorably in the growing recycling market, with the goal to commercialize RecycLiCo™ and establish industry partnerships.

American Manganese Inc. (TSXV:AMY)(OTCQB:AMYZF) is set to present its innovative RecycLiCo™ lithium-ion battery recycling process at the International Battery Seminar on March 10, 2021, at 9:40 am EST. CTO Zarko Meseldzija will discuss the company's strategy in the global battery raw material supply chain and the benefits of the RecycLiCo™ process, which promotes environmentally friendly practices by efficiently recycling cathode materials. This seminar is a key event showcasing advancements in energy storage technology.

American Manganese Inc. (OTCQB: AMYZF) announces its common shares will begin trading on the OTCQB Venture Market effective March 3, 2021. This listing aims to enhance visibility and liquidity for institutional and retail investors. The OTCQB is a regulated market that requires companies to meet specific reporting and financial standards, ensuring current public information is available to investors. In addition, American Manganese continues trading on the TSX Venture Exchange and Frankfurt Stock Exchange under existing symbols.

American Manganese is advancing its strategic development of four critical minerals: lithium, cobalt, manganese, and aluminum, in response to U.S. government initiatives. Following President Biden's Executive Order targeting key tech supply chains, the company is leveraging its patented RecycLiCo technology for EV battery recycling and is collaborating with several U.S. government departments for critical minerals sourcing. The company has achieved a notable 99.7% extraction rate of lithium-ion battery materials and has received support from both Canadian and U.S. federal agencies.

American Manganese Inc. (TSXV:AMY, OTC PINK:AMYZF) announced the shipment of its initial recycled NCA product for independent analytical testing. The company’s patented RecycLiCo™ process aims to produce high-quality cathode precursor material, essential for lithium-ion battery manufacturing. Advanced testing methods such as X-Ray Diffraction and Scanning Electron Microscopy will assess the product's structure, purity, and particle properties. The development is supported by the National Research Council of Canada, indicating a significant step towards commercializing battery recycling.

American Manganese Inc. (AMYZF) announced the granting of 5,950,000 incentive stock options to directors, officers, and consultants, with an exercise price of $2.63 per share for a five-year term. Shares issued upon exercise will be subject to a four-month holding period. This move is subject to TSX Venture Exchange acceptance. The company, focused on recycling lithium-ion batteries and producing electrolytic manganese metal, aims to lead the cathode materials recycling industry through its patented RecycLiCo™ process.

American Manganese has been awarded the Solar Impulse Efficient Solution Label for its innovative RecycLiCo lithium-ion battery recycling process. This recognition comes after an assessment by independent experts, highlighting the process's feasibility, environmental impact, and profitability. The RecycLiCo technology aims to provide a closed-loop recycling solution, ensuring high extraction and purity of critical cathode materials. As part of the 1000 Solutions Challenge, this label seeks to promote eco-friendly and viable solutions to decision-makers.

American Manganese Inc. (AMY) announced successful manganese extraction results from its Wenden Stockpile project, achieving up to 99% extraction efficiency through patented processes. This project, funded by the U.S. Defense Logistics Agency, aims to demonstrate a proof of concept for producing electrolytic manganese metal (EMM) from historical manganese ore. The company plans further bench-scale tests to optimize process flow and reduce costs for potential commercial operations.

American Manganese Inc. (TSXV:AMY, OTC PINK:AMYZF) has successfully achieved a remarkable 99.7% extraction of lithium, nickel, manganese, and cobalt from lithium-ion battery materials using its RecycLiCo™ pilot plant. The continuous operation and previous optimizations contributed to these results. The company plans to utilize the pregnant leach solution (PLS) in a technical feasibility project aimed at producing high-value cathode precursor products. This initiative is backed by the National Research Council of Canada and aids in establishing a circular supply chain for battery manufacturing.