RecycLiCo Batter Stock Price, News & Analysis

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.

American Manganese Inc. (TSXV:AMY, OTC PINK:AMYZF) has launched a project to advance its lithium-ion cathode recycling technology, RecycLiCo, with support from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). The project, running from November 4, 2020, to March 31, 2021, aims to conduct a technical feasibility study on synthesizing cathode material precursors from recycled battery scrap. With a new specialized reactor, the company aims to produce high-value cathode products while enhancing its intellectual property and competitive edge in the recycling sector.

American Manganese Inc. (AMYZF) completed a third and final tranche of its non-brokered private placement, raising $213,770. This tranche consists of 1,068,850 units, each comprising one share and one warrant exercisable at $0.30 for two years. In total, over three tranches, the company raised $1,542,954 by issuing 7,714,770 units. Proceeds will fund the completion of the ReCycliCo^TM pilot plant, proposed spin-out of its gold/copper and rare earth properties, and general working capital. Closure is subject to TSX Venture Exchange acceptance.

American Manganese Inc. is set to showcase its RecycLiCo™ patented lithium-ion battery recycling process at the E-Waste World Virtual Summit on November 18-19, 2020. The company aims to lead in recycling cathode materials from battery manufacturing waste, with CTO Zarko Meseldzija presenting on November 19 at 5:05 pm CET. This international conference will feature over 100 experts discussing advanced recycling technologies and sustainable practices in electronics. American Manganese is committed to high-purity metal extraction with minimal processing.

American Manganese announces the closing of a second tranche of a non-brokered private placement, raising $572,333.60 through 2,861,668 units. Each unit consists of one common share and one common share purchase warrant, exercisable at $0.30 for two years. Total funds raised in the current private placement now amount to $1,329,184.05, with a gross target of $2,000,000. Finder's fees of $5,600 apply. The company, focused on lithium-ion battery recycling, aims to commercialize its patented RecycLiCo™ process for extracting cathode metals efficiently.

American Manganese Inc. has announced the recognition of the Wenden Manganese Stockpile in Arizona, supported by a recent grant from the United States Defense Logistics Agency. The grant is aimed at demonstrating the company’s ability to process Electrolytic Manganese Metal from the low-grade stockpile. Congressman Paul Gosar has emphasized the importance of establishing a processing facility at the site, which could end U.S. import-dependency on manganese and enhance national security by producing a reliable domestic source.