American Manganese Achieves Significant Milestone with Process Patent
27 Febbraio 2013 - 12:00PM
Marketwired Canada
Larry W. Reaugh, Chief Executive Officer of American Manganese Inc. (TSX
VENTURE:AMY)(PINKSHEETS:AMYZF)(FRANKFURT:2AM) ("American Manganese" or the
"Company") reports that the Company has received the "Notice of Allowance" from
the United States Patent and Trade Mark Office for the Company's manganese
recovery process. The "Notice of Allowance" is formal documentation indicating
that the examination of the invention has been completed by the US Patent and
Trademark Office and allowed for issuance as a patent. The Company's attorney is
currently completing documentation and submitting fees for formal issuance of
the US Patent. "Allowance of this patent is a significant milestone for the
Company as the invention is now secured as a key asset that can be exclusively
capitalized." The invention is a technical break-through as it enables the
recovery of manganese from a low grade resource with significantly less energy
and environmental impact than conventional processing methods.
The patent application describes key details in which manganese can be recovered
from a low grade resource with the following key advantages:
-- Low energy requirement.
-- Low water use.
-- Robust process with a unique assembly of commercially available
equipment.
-- The hydrometallurgical process developed by the Company is capable of
producing high purity electrolytic manganese dioxide (EMD) and chemical
manganese dioxide (CMD) critical for improving performance and safety of
high tech lithium ion batteries. The invention by-passes steps known to
introduce metallic impurities when producing these materials using
conventional mining processes. Norman Chow, President of Kemetco
Research, states, "Conventional mining processes used to produce
manganese dioxide for lithium ion batteries are known to contaminate
cathode materials with metallic impurities. These impurities can cause
internal short circuits after a number of charge/discharge cycles, which
will by-pass any protection circuits, and unfortunately can lead to
fires or explosions." i.e.: electric vehicles, laptops, cellphones etc.
-- High purity manganese dioxide is combined with lithium carbonate to form
the cathode material used in the "spinel" type high tech lithium ion
rechargeable battery.
The Company will be applying to register this patent in other countries which
may be able to adopt American Manganese's process on contract from the Company.
About Kemetco Research Inc.
Kemetco Research is a privately owned contract Research and Development Company
specializing in extractive metallurgy, chemical processing and specialty
chemical analysis. Kemetco was formed after the acquisition of the Industrial
Process Division of BC Research. BC Research had been in operation for over 60
years as an R&D contractor in British Columbia, Canada. Kemetco Research is a
strategic partner to American Manganese in the development of EMD and CMD
powders for the lithium ion battery.
About Manganese
China controls electrolytic manganese metal (EMM) production supplying and
producing 98% of the world's needs (3 billion pounds per year).
There is no substitute for manganese in steel (total manganese market greater
than 33 billion pounds per year, fourth largest traded metal).
Manganese is a critical metal at risk for supply disruptions in the United
States as there is no U.S. production. EMM's greatest uses are the upgrading of
specialty steel (74%), and the manufacture of aluminum alloys (12%), electronics
(2%), and other applications (12%).
The U.S. has a 14% import duty on imports of EMM.
Electrolytic manganese dioxide (EMD) for the battery industry is expected to be
the fastest-growing segment of the manganese market. Ford Motors predicts
production of hybrid electric vehicles will account for 25% of its entire
vehicle line-up by 2020, and Hyundai has committed a lifetime guarantee to their
hybrid electric vehicles that use lithium ion batteries with manganese spinel.
About American Manganese Inc.
American Manganese Inc. is a diversified specialty and critical metal Company
focusing on potentially becoming a producer of high purity EMD and CMD for the
battery industry.
This release has been reviewed by John W. Fisher, P.Eng., a qualified person
pursuant to National Instrument 43-101.
On behalf of Management
AMERICAN MANGANESE INC.
Larry W. Reaugh, President and Chief Executive Officer
This news release may contain certain "Forward-Looking Statements" within the
meaning of Section 21E of the United States Securities Exchange Act of 1934, as
amended. All statements, other than statements of historical fact, included
herein are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's expectations are disclosed in
the Company's documents filed from time to time with the TSX-Venture Exchange,
the British Columbia Securities Commission and the US Securities and Exchange
Commission.
FOR FURTHER INFORMATION PLEASE CONTACT:
American Manganese Inc.
Larry W. Reaugh
President and Chief Executive Officer
604-531-9639
American Manganese Inc.
Connie Fischer
Investor Relations
604-531-9639 ext. 110
connieir@amymn.com or info@amymn.com
www.americanmanganeseinc.com
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