American Manganese Inc. Announces Publication of Lithium Ion Battery Cathode Recycling Process Patent Pending
Vancouver, British Columbia (FSCwire) - Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc. (“American Manganese” or “AMY” or the “Company”), (TSX.V: AMY; OTC-US: AMYZF; FSE: 2AM), is pleased to announce that the Company's U.S. patent application has been published on May 17, 2018 under publication no. WO2018/089595 and titled: PROCESS OF COBALTOUS SULPHATE/DITH-IONATE LIQUORS DERIVED FROM COBALT RESOURCE.
The publication is available for viewing and downloading on WIPO's website at the following address: https://patentscope.wipo.int/search/en/detail.jsf?docId=WO2018089595). The pro-duct application discusses the Company's hydrometallurgical process for the successful recycling and recovery of cathode materials such as: lithium, cobalt, nickel, manganese and aluminum from lithium ion batteries.
“Publication of the patent process takes us away from the area of a ’black box’ technology and now discloses the underlying process, which we believe will assist the Company in moving forward with potential partnerships,” says Larry W. Reaugh, C.E.O.
With increasing metal prices, decreasing resource availability and environmental regulations becoming stricter, ownership of this intellectual property creates a significant global opportunity for American Manganese.
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 and 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 the industry leader in recycling spent electric vehicle lithium ion batteries and recovering 100% of the cathode metals such as: Lithium-Cobalt, Lithium-Cobalt-Nickel-Manganese, Lithium-Cobalt- Aluminum and Lithium-Manganese (Please see the Company’s March 23, 2018 Business Plan (CBP” 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 the original release, please click here
Source: American Manganese Inc. (TSX Venture:AMY, OTC Pink:AMYZF, FWB:2AM)
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