NIA's #1 favorite technology stock for 2020, American Manganese (TSXV: AMY) just announced this morning that it has begun EV Battery recycling tests on the cathode material from disassembled EV battery packs supplied by a Critical Materials Institute (CMI) Team Member! The CMI is backed by the U.S. Department of Energy (DOE) and led by Ames Laboratory, a DOE national laboratory located in Ames, Iowa and affiliated with Iowa State University.
On December 20, 2017, President Trump issued Executive Order 13817, “A Federal Strategy to Ensure Secure and Reliable Supplies of Critical Minerals”. The Department of the Interior published a final list of 35 critical minerals in May 2018. The list includes EV battery cathode materials: lithium, cobalt, manganese, graphite, and aluminum, which can all be recovered from spent lithium-ion batteries at battery grade purity using AMY's RecycLiCo™ Patented Process.
On June 4, 2019, the Trump Administration released its official strategy to reduce the Nation’s reliance on critical minerals. The #1 Call to Action listed in its report is to assess progress toward "developing critical minerals recycling and reprocessing technologies, technological alternatives to critical minerals, source diversification, and improving processes for critical mineral extraction, separation, purification, and alloying." Click here to download the full report.
Earlier this year it was announced that AMY would begin helping the U.S. government recover lithium-ion battery materials in a U.S. DOE project titled, “Lithium-Ion Battery Disassembly, Remanufacturing, and Lithium & Cobalt Recovery Project”. See for yourself by reading this Mining.com story about AMY published on March 29, 2019: https://www.mining.com/american-manganese-help-us-government-recover-lithium-ion-battery-materials/
AMY's partnership with the U.S. DOE is focused on creating a circular economy for lithium-ion batteries! Read this morning's huge news by clicking here! For a list of all CMI Team Members go to: https://cmi.ameslab.gov/about/partners
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