Non-Disclosure Agreement Lithium-Ion Battery Recycling Evaluation : Specialty Metal Recycling Firm Teams Up with US Critical Materials Institute
Surrey, British Columbia based specialty and critical metal company, American Manganese (TSX.V: AMY; Pink Sheets: AMYZF; Frankfurt: 2AM), has entered into a Non-Disclosure Agreement (NDA) with the Critical Materials Institute , operated by the Ames Laboratory, a U.S. Department of Energy National Laboratory.
The Critical Materials Institute is a Department of Energy Innovation Hub led by the U.S. Department of Energy’s Ames Laboratory.
The company explained that the agreement allows both parties to exchange certain confidential and proprietary information with each other for the sole purpose of evaluating a possible business transaction and possible research agreements in the area of manganese and recycled lithium-ion batteries.
American Manganese added that it currently holds patents in the U.S., China and South Africa for its proprietary recycling process to recover high-purity manganese metals from low-grade resources.
The Critical Materials Institute CMI is looking for ways to eliminate and reduce reliance on rare-earth metals and other materials critical to the success of clean energy technologies.
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