AMY now holds patents in Canada, USA, China and South Africa
Larry W. Reaugh, Chief Executive Officer of RecycLiCo Battery Materials (“RecycLiCo Battery Materials” or the “Company”), (TSX.V: AMY; OTC.US: AMYZF; FSE: ID4), reports that the Company has received Patent No. 2,808,627 from the Canadian Patent Office for the Company’s manganese recovery process, for which the Company already holds patents in the USA, China and South Africa. The Canadian patent was applied for on August 16, 2011.
The invention is a technical break-through which enables the recovery of manganese from a low-grade resource using significantly less energy and environmental impact than conventional processing methods. Kemetco Research Inc. successfully demonstrated the process can compete with other electrolytic manganese metal (EMM) and electrolytic manganese dioxide (EMD) producers in the lower percentile of costs for producers anywhere in the world and has been a valued partner in adapting the Company’s manganese recovery process to recover nearly 100% of the cathode materials from lithium-ion batteries.
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.
- High purity manganese dioxide is combined with lithium carbonate to form the cathode material used in the “spinel” type lithium-ion rechargeable battery.
The hydrometallurgical process developed by the Company is capable of producing high purity electrolytic manganese dioxide (EMD) and chemical manganese dioxide (CMD), both of which are critical for improving performance and safety of lithium-ion batteries. The invention bypasses 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 bypass any protection circuits and unfortunately can lead to fires or explosions.”
Manganese is one of three metals and minerals targeted by AMY in its battery-materials recovery process that is now on the U.S. Government Critical Minerals List, due to its importance to the economy and national security. (Please see the Company’s May 31, 2018 – RecycLiCo Battery Materials’s Battery Materials Recovery Targets Include 3 Metals/Minerals Included On The U.S. Government’s Newly-Published Critical Minerals List for further details).
About RecycLiCo Battery Materials
RecycLiCo Battery Materials is a diversified specialty and critical metal company focused on capitalizing on its patented intellectual property through low cost production or 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 RecycLiCo Battery Materials toward the examination of applying its patented technology for other purposes and materials. RecycLiCo Battery Materials 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 Company’s Business Plan (“CBP”) for further details).
On behalf of Management
RecycLiCo Battery Materials
Larry W. Reaugh
President and Chief Executive Officer
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. 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 Toronto Stock Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.