RecycLiCo Batter Stock Price, News & Analysis

American Manganese Inc (TSX.V:AMY, OTCQB:AMYZF, FSE:2AM) held its 2022 Annual General and Special Meeting, where shareholders re-elected directors Larry W. Reaugh, Andris Kikauka, Edward Skoda, Paul Hildebrand, and Zarko Meseldzija for the coming year. The meeting also marked the retirement of Norman Tribe, a director since 2014. A significant resolution was passed to change the company’s name to RecycLiCo Battery Materials Inc., pending TSX Venture Exchange approval. The firm expressed gratitude towards Mr. Tribe for his contributions.

American Manganese Inc (OTCQB:AMYZF) will participate in the UBS Energy Transition Call Series on July 21, 2022, at 11:00 am ET. Zarko Meseldzija, CTO and Director, will share insights on RecycLiCo Battery Materials' technology in lithium-ion battery recycling. The discussion will cover current industry trends, challenges, and opportunities. Pre-registration is required to join the call. American Manganese focuses on recycling lithium-ion battery waste, achieving over 99% extraction of key materials.

American Manganese Inc (OTCQB:AMYZF) announced the results of a life cycle assessment (LCA) conducted by Minviro Ltd on their lithium-ion battery recycling process. The LCA, aligned with ISO standards, shows that the RecycLiCo process significantly reduces environmental impacts compared to traditional methods. Notably, it produces 166% less CO2 equivalent emissions for NMC precursor material. Additionally, it leads to a 35% reduction in emissions compared to mining methods. This highlights RecycLiCo's commitment to sustainability in the battery materials industry.

American Manganese Inc. (OTCQB:AMYZF) plans to change its name to RecycLiCo Battery Materials Inc. during the upcoming annual meeting on July 8, 2022. This change reflects the company’s dedication to its patented RecycLiCo process, which focuses on recycling lithium-ion battery materials. The firm aims to recycle and upcycle battery waste with over 99% extraction efficiency of lithium, cobalt, nickel, and manganese, producing high-value materials for new batteries. The stock symbol will remain as AMY.

American Manganese Inc. (AMY) has commenced testing the first stage of its RecycLiCo™ demonstration plant, focusing on lithium-ion battery cathode production scrap. Designed for a 500 kg/day input capacity, the plant will methodically analyze each processing step to maximize extraction efficiency for lithium, nickel, manganese, and cobalt. CEO Larry Reaugh emphasized that this milestone reinforces their engagement in the lithium-ion battery supply chain and aims to pave the way for a future commercial recycling plant.

American Manganese Inc. (AMYZF) announced the successful delivery of NMC-811 cathode precursor materials to collaborators across North America, Europe, and Asia, derived from recycled electric vehicle battery waste. Independent analysis of the materials will be conducted, with internal assessments indicating they meet industry specifications. The company emphasizes its innovative recycling processes aimed at promoting sustainability within the battery supply chain, with plans for a demonstration plant to enhance production capabilities.

American Manganese Inc. has rescheduled its annual general and special meeting of shareholders to July 8, 2022, at 11:00 a.m. Details will be provided in a new Notice of Meeting and management information circular sent to shareholders and filed on SEDAR. The company focuses on recycling lithium-ion battery waste through its RecycLiCo™ process, achieving over 99% extraction of lithium, cobalt, nickel, and manganese, producing valuable materials for new battery manufacturing.

American Manganese Inc. has received preliminary life cycle assessment (LCA) results for its lithium-ion battery recycling process, indicating a lower environmental impact compared to traditional primary material production and hydrometallurgical recycling. Conducted by Minviro Ltd., the LCA assessed factors such as global warming potential and water scarcity. Final results will await an independent review expected in four weeks. The process boasts over 99% extraction efficiency for lithium, cobalt, nickel, and manganese, positioning American Manganese favorably in the sustainable battery materials market.

American Manganese Inc. (TSXV:AMY)(OTCQB:AMYZF) has been selected as one of 15 finalists out of over 120 applicants to present its RecycLiCo lithium-ion battery recycling technology at Evonik Industries AG's Battery Solutions Day at MIT on May 4-5, 2022. The event aims to explore collaboration opportunities in battery solutions. President and CEO Larry Reaugh expressed pride in this achievement, highlighting high interest from Evonik's teams. This recognition underscores American Manganese's commitment to innovation in battery recycling.