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Message: RecycLiCo Achieves Over 99% Lithium Extraction from LFP Battery Cathode Materials

New Press Release as of 24 August 2022:

Inc. (TSXV:AMY)(OTCQB:AMYZF)(FSE:2AM) ("Company"), doing business as RecycLiCo Battery Materials, a pioneer in advanced lithium-ion battery recycling and upcycling, and its R&D partner Kemetco Research Inc. ("Kemetco") are pleased to announce that the Company has achieved over 99% lithium recovery from LFP (lithium iron phosphate) battery cathode materials during bench-scale tests.

Since 2016, the Company has facilitated up to 100% extraction of valuable battery materials from nickel-rich ("NMC"), manganese-rich ("LMO"), cobalt-rich ("LCO"), and now LFP cathode chemistries. These battery cathode chemistries all contain lithium, which has seen more than a 350% increase in price year-over-year. According to Benchmark Mineral Intelligence, China's forecasted share of LFP cathode production in 2022 is 99%, while UBS analysts recently raised their outlook of the global LFP battery market share to 40% by 2030.

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RecycLiCo Achieves Over 99% Lithium Extraction from LFP Battery Cathode Materials (yahoo.com)

Stock price for American Manganese is up 8% today.  Remember, that the new name for American Manganese is:  RecycLiCo

Okiedo

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