- American Manganese (AMY) has achieved over 99-per-cent lithium recovery from lithium iron phosphate (LFP) battery cathode materials during bench-scale tests
- The company is now equipped to provide battery metal extraction services from nickel-rich, manganese-rich, cobalt-rich, and now LFP cathode chemistries
- It is currently seeking out strategic partners for licensing and joint development agreements
- American Manganese recycles and upcycles battery waste into high-value battery cathode materials
- American Manganese (AMY) is up by 2 per cent trading at $0.51 per share
American Manganese (AMY) has achieved over 99-per-cent lithium recovery.
The result stems from bench-scale tests on LFP battery cathode materials in collaboration with Kemetco Research. The initiative falls under the RecycLiCo Project.
American Manganese is now equipped to provide battery metal extraction services from nickel-rich, manganese-rich, cobalt-rich and now LFP cathode chemistries.
It views its robust and innovation-driven solutions as a catalyst toward a comprehensive share in the battery recycling market. It is currently seeking out strategic partners for licensing and joint development agreements.
“Despite the changing composition and exclusion of nickel, manganese, and cobalt in the cathode, lithium remains a core element in the lithium-ion battery and a significant value driver for efficient and environmentally friendly recycling processes that can achieve high-extraction of lithium,” stated Zarko Meseldzija, CTO of American Manganese.
“I believe we have a lot of momentum going our way with the ongoing demonstration plant project testing, scaled-up operating conditions of our process, in addition to our continuous innovation in several battery recycling-related topics,” he added.
American Manganese recycles and upcycles battery waste into high-value battery cathode materials.
American Manganese (AMY) is up by 2 per cent trading at $0.51 per share as of 9:30 am EST.