AMY CEO: “Cathode Precursor is high-value product… for Li-Ion Battery Supply Chain”
Company Begins Sourcing Equipment for RecycLiCo™ Demonstration Plant
American Manganese Inc. (“AMY” or the “Company”) and its independent R&D contractor Kemetco Research Inc. (“Kemetco”) are pleased to report that the pregnant leach solution (PLS) produced during the leaching stages of NMC (lithium-nickel-manganese-cobalt oxide) cathode waste, using AMY’s patented lithium-ion battery cathode recycling process (RecycLiCo™), has been prepared for cathode precursor production testing.
The NMC testing follows the earlier production of cathode precursor material from recycled NCA (lithium-nickel-cobalt-aluminum oxide) cathode waste, as reported in the Company’s March 31, 2021 press release. AMY’s goal is to achieve the technical targets set by traditional lithium-ion battery cathode precursor manufacturers and to demonstrate the potential to recycle NMC or NCA cathode waste into high-value cathode precursor products for direct integration in the re-manufacturing of new lithium-ion batteries.