Initial Pilot Plant Results Of 99.88% Purity From Recovered NMC Cathode Material

SURREY, BC - American Manganese Inc. reported that 99.88% purity was achieved in its production of NMC cathode material using the RecycLiCoTM process. This high purity recycled cathode material helps prove the potential of sourcing a sustainable supply of highly efficient cathode materials for lithium-ion battery manufacturing. “Cathode materials require extremely high purity levels and must be almost entirely free of unwanted metals in order to conform to industry specifications, which our initial results confirmed today,” said Larry Reaugh, President and CEO. “We continue to develop and be transparent with our results in order to set the benchmark on recovery and purity potential in the lithium-ion battery recycling field.”

American Manganese will continue RecycLiCoTM Pilot Plant testing to enhance material recovery and purity, in addition to feasibility studies with industry leaders. The Company’s goal is to develop a commercial opportunity that provides cathode-to-cathode recycling for the lithium-ion battery industry.