American Manganese to become a leader in lithium ion batteries recycling

Source: American Manganese Inc.

Vancouver, Canada – American Manganese Inc. has received China Patent No. 201180050306.7, which will become effective upon receipt of the patent fee for processing of Manganous Sulphate-Dithionate Liquor. Interest in the Company’s patented process has adjusted the focus of American Manganese Inc. toward the examination of applying its technology for other purposes and materials. American Manganese Inc. aims to capitalize on its patented technology and proprietary know-how to become an industry leader in the recycling of lithium ion batteries.

As presented in the October 6, 2015 article by Kirstin Linnenkoper in Recycling International, “China’s latest Electric Vehicle Power Battery Recycling Technology Policy (2015 edition) identifies car manufacturers as the ‘responsible body’ for recycling. The legislation aims to provide guidance to the relevant enterprises to carry out EV power battery production and recycling, and will form the basis of a new recycling system for upstream and downstream firms in the sector.”

Larry W. Reaugh, President and Chief Executive Officer of American Manganese, underlined: “Receipt of the Chinese patent presents opportunities for the Company to pursue licensing arrangements in China and off-shore funding, particularly in light of China’s new stated policy for recycling electric vehicle (EV) batteries.”

Source: American Manganese Inc.