The Prospector News


You have opened a direct link to the current edition PDF

Open PDF Close

Share this news article







Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc. (TSX-V:  AMY) (OTC US:  AMYZF) (FSE:  2AM), is pleased to announce that the company has signed a Memorandum of Understanding with Battery Safety Solutions B.V. for the purpose of forming a Partnership to create and commercialize a closed-loop circular economy solution for the upcycling of lithium-ion battery cathode materials.  The parties will initially focus their efforts on lithium-ion battery subtypes such as LCO, NMC, NCA, and/or LMO.



BSS, a private Dutch company, specializes in the collection, discharging, and dismantling of lithium-ion batteries and will contribute their expertise in European marketing, access to customers, collection and transportation, safe handling, electrical discharge, safe storage, sorting, and mechanical treatment to generate cobalt and manganese concentrates from waste lithium-ion batteries.



BSS has developed a unique process that completely discharges a lithium-ion battery in a fraction of the time needed by conventional methods, and then stores 100% of the discharged energy. Once the battery is discharged, BSS can safely disassemble and sort lithium-ion battery components. Meetings were conducted at Kemetco Labs, where due diligence of the BSS technology was completed.



AMY received samples of disassembled batteries from BSS which, after several weeks of bench scale testing, yielded positive results using AMY’s patent-pending process. AMY will continue to receive disassembled battery components from BSS to develop and optimize the process for conversion into a high-value final product at very high recycling efficiencies. AMY will contribute intellectual property and expertise on the scientific aspects, engineering aspects, and plant design.



“We received and analyzed several samples of disassembled battery materials from around the globe and believe that the BSS process is the most advanced and unique process available”, said Mr. Reaugh. “This strategic partnership will bring together the unique industry-leading expertise and capabilities of each Party to develop, optimize, and commercialize the best complete solution for customers, with our goal to be commercially ready by late 2019. It should be noted that BSS technology is not required for the processing of cathode scrap material.”



About Battery Safety Solutions B.V.


Battery Safety Solutions provides the best solution with the highest possible recycling percentage for all batteries and a vast network of partners and suppliers. With a combined 65 years of knowledge and experience – BSS specializes in the collecting, storing, discharging, and dismantling lithium-ion batteries in Europe.



About American Manganese Inc.


American Manganese Inc. is a critical metal company with a patent-pending process for the recovery of metals from lithium-ion batteries such as cobalt, lithium, nickel, manganese, and aluminum. Using a novel combination of reagents and unit operations, AMY can provide 100% extraction of cathode metals at battery grade purity. American Manganese Inc. aims to capitalize on its patent-pending technology and proprietary know-how to become the industry leader in recycling spent electric vehicle lithium-ion batteries (Please see the Company’s July 25, 2018 Business Plan for further details).


Posted December 12, 2018

Share this news article


Evergold Announces Closing of $1,242,000 Private Placement to Support First-Ever Drilling of High Potential DEM Porphyry Copper-Gold-Silver Prospect, BC

Evergold Corp. (TSX-V: EVER) (WKN: A2PTHZ) is pleased to announc... READ MORE

September 30, 2023

Lavras Gold closes upsized private placement

Lavras Gold Corp. (TSX-V: LGC) (OTCQB: LGCFF) has raised gross pr... READ MORE

September 30, 2023

First Phosphate Receives Letter of Interest in the Amount of up to US$170 Million from the Export-Import Bank of the United States (EXIM)

First Phosphate Corp. (CSE: PHOS) (OTC Pink: FRSPF) (FSE: KD0) is... READ MORE

September 30, 2023

New Pacific Metals Closes C$35 Million Bought Deal Financing

New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) announ... READ MORE

September 30, 2023

Laramide intercepts broad-based uranium mineralization in initial holes from 2023 Australian exploration program

Laramide Resources Ltd. (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) is p... READ MORE

September 30, 2023

Copyright 2023 The Prospector News