American Manganese Partners with U.S. Department of Energy National Labs on Lithium-Ion Electric Vehicle Battery Materials Recycling
Multi-Year Project Focuses on Creating A Circular Economy for Li-Ion Batteries
Amy Will Partner with Two U.S. National Labs and Leading U.S. Universities
SURREY, BC / ACCESSWIRE / March 28, 2019 / American Manganese Inc. (AMY) is pleased to announce that that the Company will participate in a U.S. Department of Energy (DOE) project to advance the economic recovery of Lithium-ion battery materials from electric vehicles and other consumer goods.
The project, formally titled “Lithium Ion Battery Disassembly, Remanufacturing, and Lithium & Cobalt Recovery Project,” focuses on developing an economic recovery strategy for critical materials in end-of-use lithium-ion batteries from electric and hybrid electric vehicles and other consumer goods such as electric bicycles and power tools. The project commences immediately, under the aegis of the Critical Materials Institute (CMI), an Energy Innovation Hub, led by Ames Laboratory and supported by the U.S. Department of Energy, Office of Energy Efficiency and Renewable Energy, Advanced Manufacturing Office.
“AMY is very pleased to become the first private-sector company to participate in this project,” said Larry Reaugh, CEO of American Manganese. “We’re honored to be working with world-renowned national labs and leading U.S. universities on an issue that will dramatically impact our ability to meet rising material demand for lithium, cobalt, manganese and nickel.”
AMY’s partners include U.S. national labs:
Oak Ridge National Laboratory (ORNL). Located in Oak Ridge, Tennessee, ORNL is the largest multidisciplinary science and energy national laboratory in the DOE system.
Idaho National Lab (INL). Located in Idaho Falls, Idaho, the nation’s leading center for nuclear energy research and development performs work in energy systems, national security, science and environment.
Purdue University and Case Western Reserve University are also project partners.
American Manganese Inc. is a critical metal company with a patent approved process for the recovery of metals from lithium-ion batteries such as cobalt, lithium, nickel, manganese, and aluminum. Using a novel combination of reagents and unit operations, AMY can provide 100% extraction of cathode metals at battery grade purity. American Manganese Inc. aims to capitalize on its patent approved technology and proprietary know-how to become the industry leader in recycling spent electric vehicle lithium-ion batteries (Please see the Company’s December 14, 2018 Business Plan 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
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.
SOURCE: American Manganese Inc.
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