American Manganese reports that Locked Cycle Recoveries for
Cobalt and Lithium Approach 100% and 87% Respectively
Vancouver, British Columbia (FSCwire) - Larry W. Reaugh,
President and Chief Executive Officer of American Manganese
Inc. (“American Manganese” or “AMI” or the “Company”),
(TSX.V: AMY; Pink Sheets: AMYZF; Frankfurt: 2AM),
is pleased to announce the results of the just-completed initial
locked cycle cobalt and lithium precipitation testing program
performed by Kemetco Research Inc. (Kemetco). After 4 cycles,
the cobalt recovery in its precipitate stabilized near 100%, and
lithium recovery in its precipitate reached 87% on a continuing
upward trend.
“As previously described in the Company’s press release of
September 16, 2017, these results confirm proof of concept for
increasing lithium recovery with a proprietary solution
recycle. This solution recycle is an important operation of
our patent pending hydrometallurgical process being developed for
recycling cathode materials from spent electric vehicle lithium ion
batteries”, says Mr. Reaugh. He goes on to say, “Further
solution cycling should show that lithium recovery in its
precipitate could exceed 95%, as only small intrinsic losses (in
the order of 1 to 2%) due to entrainment in the cobalt precipitates
and by-products.”
The Company is preparing to accelerate its research and testing
program to generate the results to support its full United States
patent application which is expected to be filed in November
2017.
About Kemetco Research Inc.
Kemetco Research Inc. is a privately-owned contract research and
development company specializing in extractive metallurgy, chemical
processing and specialty chemical analysis. It was formed
after the acquisition of the industrial process division of B.C.
Research, which had been in operation for over 60 years as a
research and development contractor in British Columbia.
About American Manganese Inc.
American Manganese Inc. is a diversified specialty and critical
metal company focused on capitalizing on its patented intellectual
property through low cost production or recovery of electrolytic
manganese products throughout the world, and recycling of spent
electric vehicle lithium ion rechargeable batteries.
Interest in the Company’s patented process has adjusted the
focus of American Manganese Inc. toward the examination of applying
its patented technology for other purposes and materials.
American Manganese Inc. aims to capitalize on its patented
technology and proprietary know-how to become and industry leader
in the recycling of spent electric vehicle lithium ion batteries
having cathode chemistries such as: Lithium-Cobalt,
Lithium-Cobalt-Nickel-Manganese, and Lithium-Manganese (Please see
the Company’s January 19, 2017 press release for further
details).
On behalf of Management
AMERICAN MANGANESE INC.
Larry W. Reaugh
President and Chief Executive Officer
Information Contacts:
Larry W. Reaugh
President and Chief Executive Officer
Telephone: 778 574 4444; Email: lreaugh@amymn.com
www.americanmanganeseinc.com
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release. This news release
may contain “forward-looking statements”, which are statements
about the future based on current expectations or beliefs.
For this purpose, statements of historical fact may be deemed to be
forward-looking statements. Forward –looking statements by
their nature involve risks and uncertainties, and there can be no
assurance that such statements will prove to be accurate or
true. Investors should not place undue reliance on
forward-looking statements. The Company does not undertake
any obligation to update forward-looking statements except as
required by law.
To view this press release as a PDF file, click onto the following
link:
public://news_release_pdf/americanmang03292017.pdf
Source: American Manganese Inc. (TSX Venture:AMY, OTC Pink:AMYZF,
FWB:2AM)
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