American Manganese Inc (CVE:AMY) (OTCMKTS:AMYZF) has reached another milestone with its recycling technology, saying it has kicked off talks with contractor Kemetco Research on the preliminary engineering design and economic analysis for a commercial demonstration plant with the capacity to process 3 tonnes of cathode scrap per day.
"When we first engaged Kemetco, in 2016, to begin lab-scale research on a lithium-ion battery recycling technology, Norm Chow and his brilliant team of scientists weren't just solving a problem on a lab-scale because they always considered the scalability of the process," noted Larry Reaugh, the president and CEO of American Manganese.
"We have always been aiming towards turning this technology into a profitable enterprise with a global clientele."
Testing of a pilot plant has now been completed and has yielded very positive results in recent weeks.
Just last week, the firm reported more high purity rates of nickel-cobalt hydroxide recovered from NCA cathode scrap material using its tech.
On November 13, the firm reported that Kemetco had recovered 99.98% nickel-cobalt hydroxide from the material it had received from a tier-one lithium-ion battery company referenced as 'company B'.
On November 20, it reported on recovery rates from a battery company referenced as 'company A', which were an almost identical 99.977% nickel-cobalt hydroxide.
American Manganese's technology recycles spent lithium-ion batteries to extract cathode metals, such as lithium, cobalt, nickel, manganese, and aluminum at battery-grade purity, with minimal processing steps.
Kemetco is a private, integrated science, technology and innovation company and provides its expertise in the fields of specialty analytical chemistry, chemical process and extractive metallurgy.
It is set to begin preliminary engineering design and economic analysis for the commercial demonstration plant utilizing the multiple data points and optimization strategies observed throughout the pilot plant project.
Subsequently, American Manganese will be engaging Kemetco for detailed engineering plans, said American Manganese.
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