Featured Video Play Icon
  • American Manganese (AMY) is now testing the first stage of its RecycLiCo Project
  • The project seeks to extract critical energy metals from lithium-ion battery waste
  • The company will share test results from its demonstration plant when available
  • American Manganese recycles and upcycles lithium-ion battery waste into high-value battery cathode materials
  • American Manganese (AMY) is up by 1.82 per cent trading at $0.56 per share

American Manganese (AMY) is now testing the first stage of its RecycLiCo Project.

The project seeks to extract critical energy metals from lithium-ion battery waste.

The company’s demonstration plant can process 500 kg of this waste per day.

Testing includes characterization of the battery production scrap feedstock and its response to individual processing steps to ensure consistent operating parameters. These parameters include leaching retention time, temperature and process chemical consumption to achieve target leach extraction efficiency for lithium, nickel, manganese and cobalt.

The company will share its analysis as it progresses through the demonstration plant’s staged tests.

“Kickstarting the first stage of our demonstration plant project is an incredible milestone, and we look forward to showcasing our scaled-up technology to existing collaborators across the lithium-ion battery supply chain as we diligently progress through the demonstration plant processing steps,” said Larry Reaugh, President and CEO of American Manganese.

“We believe this new phase of activities will continue to drive strategic engagement in the lithium-ion battery supply chain and enable the development of our first commercial recycling plant,” he added.

American Manganese recycles and upcycles lithium-ion battery waste into high-value battery cathode materials through its closed-loop RecycLiCo process.

American Manganese (AMY) is up by 1.82 per cent trading at $0.56 per share as of 10:57 am EST.

More From The Market Online

Top Bitcoin stocks and ETFs to consider before the halving

Read about 10 of the highest-performing Bitcoin stocks and ETFs leading up to the cryptocurrency's April 2024 halving.

Netflix trounces subscriber growth estimates in Q1 2024

Netflix (NASDAQ:NFLX) added 9.33 million subscribers in Q1 2024, almost double the consensus forecast of analysts polled by LSEG.