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AMY Recylico Battery Materials Inc

0.085
0.00 (0.00%)
30 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Recylico Battery Materials Inc TSXV:AMY TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.085 0.085 0.09 0 00:00:00

American Manganese Receives U.S. Patent for Manganese Extraction Process

11/06/2013 12:00pm

Marketwired Canada


Larry W. Reaugh, Chief Executive Officer of American Manganese Inc. ("American
Manganese" or the "Company") (TSX VENTURE:AMY)(PINKSHEETS:AMYZF)(FRANKFURT:2AM),
reports that the Company has received the "US Patent No. 8460681" from the
United States Patent and Trade Mark Office for the Company's manganese recovery
process. This patent is a significant milestone for the Company as the invention
is now secured as a key asset that can be exclusively capitalized." The
invention is a technical break-through as it enables the recovery of manganese
from a low grade resource with significantly less energy and environmental
impact than conventional processing methods. The U.S. Bureau of mines (USBM)
developed the frame work of the process from the 1940's to 1980 but they were
never able to make it economically viable. Kemetco Research Inc. successfully
completed the process to demonstrate it can complete with other electrolytic
manganese metal (EMM) and electrolytic manganese dioxide (EMD) producers in the
lower percentile of costs for producers anywhere in the world.


The patent describes key details of how manganese can be recovered from a low
grade resource with the following key advantages:




--  Low energy requirement. 
--  Low water use. 
--  Robust process with a unique assembly of commercially available
    equipment.
    "The hydrometallurgical process developed by the Company is capable of
    producing high purity electrolytic manganese dioxide (EMD) and chemical
    manganese dioxide (CMD) critical for improving performance and safety of
    high tech lithium ion batteries. The invention by-passes steps known to
    introduce metallic impurities when producing these materials using
    conventional mining processes. Norman Chow, President of Kemetco
    Research states, "Conventional mining processes used to produce
    manganese dioxide for lithium ion batteries are known to contaminate
    cathode materials with metallic impurities. These impurities can cause
    internal short circuits after a number of charge/discharge cycles, which
    will by-pass any protection circuits, and unfortunately can lead to
    fires or explosions." i.e.: electric vehicles, laptops, cellphones etc."
--  High purity manganese dioxide is combined with lithium carbonate to form
    the cathode material used in the "spinel" type high tech lithium ion
    rechargeable battery.



The Company is applying to register the patent in other countries which may be
able to adopt American Manganese's process on contract from the Company. The
patent for China has already been applied for.


Ongoing Activity



1.   Company continues to discuss and negotiate potential financings,
    strategic partnerships and mergers with several institutions and
    investors directly or through agents. 
2.  The Company is looking at reconfiguring their land package in Arizona to
    reduce costs and streamline future activity. 
3.  Management is investigating potential domestic opportunities in
    manganese that have the potential to enhance their Artillery Peak
    Project. 
4.  The Artillery Peak manganese project has the potential to move ahead and
    develop the resources to become a potential supplier of high purity EMD
    product for the battery industry.



About Kemetco Research Inc.

Kemetco Research is a privately owned contract Research and Development Company
specializing in extractive metallurgy, chemical processing and specialty
chemical analysis. 


About Manganese

There is no substitute for manganese in steel (total manganese market greater
than 33 billion pounds per year, fourth largest traded metal). 


Manganese is a critical metal at risk for supply disruptions in the United
States as there is no U.S. production. 


Electrolytic manganese dioxide (EMD) for the battery industry is expected to be
the fastest-growing segment of the manganese market. 


About American Manganese Inc.

American Manganese Inc. is a diversified specialty and critical metal Company
focusing on potentially becoming a producer of high purity EMD and CMD for the
battery industry.


This release has been reviewed by John W. Fisher, PEng, a qualified person
pursuant to National Instrument 43-101.


On behalf of Management

AMERICAN MANGANESE INC.

Larry W. Reaugh, President and Chief Executive Officer

This news release may contain certain "Forward-Looking Statements" within the
meaning of Section 21E of the United States Securities Exchange Act of 1934, as
amended. All statements, other than statements of historical fact, included
herein are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's expectations are disclosed in
the Company's documents filed from time to time with the TSX-Venture Exchange,
the British Columbia Securities Commission and the US Securities and Exchange
Commission.


FOR FURTHER INFORMATION PLEASE CONTACT: 
American Manganese Inc.
Larry W. Reaugh
President and Chief Executive Officer
604-531-9639


American Manganese Inc.
Connie Fischer
Investor Relations
604-531-9639 ext. 110
connieir@amymn.com or info@amymn.com
www.americanmanganeseinc.com

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