American Manganese Inc (CVE:AMY, OTCMKTS:AMYZF) said Wednesday that it expects to commission its pilot plant for scrap cathode metal during the week of December 17.
The Surrey, British Columbia-based company plans to carry out tests of its handling of cathode scrap acquired from a US recycler. Lab tests have been conducted by Kemetco, a contractor based in Richmond, British Columbia.
“Kemetco has been extremely diligent in its research and development to verify that the process design will not only be successful in recovering cathode materials, but that it will be an effective process on an industrial scale,” American Manganese CEO Larry W. Reaugh said in a press release.
American Manganese plans to file a continuing patent application for the first two of five testing stages. The continuing patent application will be added to the company's patent-pending core technology.
The pilot plant in Arizona will process a ton of battery cathode material at 1 kilogram per hour, according to American Manganese.
Shares of American Manganese slipped C$0.01 to C$0.14 in midafternoon Canadian trading on Wednesday. They were down US$0.01 to US$0.11 on the OTC market.
– This story is being updated to give the latest stock prices.
Contact Dennis Fitzgerald at [email protected]