RecycLiCo Batter Stock Price, News & Analysis

American Manganese Inc. (AMYZF) announced enhancements to its manganese processing flowsheet, funded by the U.S. Defense Logistics Agency. Recent bench-scale studies demonstrated that the original flowsheet can be optimized, leading to improved process efficiencies and reduced capital costs in future operations. The company achieved up to 99% manganese extraction during leach studies from samples taken from the Wenden Stockpile. The project remains on schedule, highlighting the potential value of low-grade manganese resources critical for U.S. supply.

American Manganese Inc. (AMYZF) announced the successful production of cathode precursor material from recycled Lithium Nickel Cobalt Aluminum Oxide (NCA) cathode waste through its RecycLiCo™ process in partnership with Kemetco Research Inc.. This material, analyzed via scanning electron microscopy, has met the specifications of a tier-one battery manufacturer. The initiative underscores Canada's commitment to critical battery minerals and positions American Manganese as a key player in the sustainable battery recycling supply chain, supported by funding from the National Research Council of Canada.

American Manganese Inc. announced that its RecycLiCo™ lithium-ion battery cathode recycling process has received a 'Notice of Allowance' from the Korean Intellectual Property Office. This notification indicates the patent application has been positively reviewed and is set for issuance. The company also filed national phase patent applications in several regions including China, Japan, and Europe. Additionally, American Manganese is reassessing the proposed spin-out of its B.C. mineral properties to ensure shareholder benefits following preliminary work on the Rocher Deboule Property.

American Manganese Inc. has signed a Memorandum of Understanding with Italvolt to establish a lithium-ion battery recycling facility at Italvolt's upcoming Gigafactory in Scarmagno, Italy. This collaboration aims to utilize American Manganese's patented RecycLiCo™ process to recycle waste battery cathodes. With a planned capacity of 45 GWh, potentially increasing to 70 GWh, Italvolt's Gigafactory seeks to set new standards in sustainable battery production in line with the European Commission's circular economy objectives.

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.