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RecycLiCo Battery Materials Inc. reports developments in critical minerals refining and lithium-ion battery upcycling. The company uses advanced hydrometallurgical technologies to process mined ore and recover battery-ready lithium, cobalt, nickel and manganese from end-of-life batteries and manufacturing scrap.
Recurring updates cover the RecycLiCo Innovation Centre, including bench-scale hydrometallurgical processing, process-development laboratory work, pilot plant infrastructure, fee-for-use technical services and commercialization support for metals, mining, refining and battery materials projects. Company announcements also address shareholder meetings, management information circulars, board composition, equity incentive grants and oversight of legacy mining assets.
American Manganese Inc. announces a non-brokered private placement aiming for gross proceeds of $2,000,000 through a unit offering priced at $0.24 per unit. Each unit comprises one common share and one purchase warrant, exercisable at $0.30 for two years. Proceeds will primarily fund the completion of their pilot plant, the spin-out of gold/copper assets, and general working capital. The offering is subject to regulatory approval and resale restrictions for four months.
American Manganese Inc. (AMYZF) announced a significant 356% increase in its pilot plant's pre-leach processing capacity, boosting it from 160 kg/day to 292 kg/day for lithium-ion battery cathode scrap material. This enhancement, realized through optimized engineering and specialized equipment, marks a crucial step for the company's RecycLiCo™ Patented Process. The pilot plant aims to maximize recycling potential, tapping into a market where a 10% scrap rate could recycle substantial quantities of lithium and other metals by 2025. American Manganese continues to position itself as a leader in critical metals recycling.