RecycLiCo is new name for American Manganese

American Manganese Inc. has announced it intends to change its name to RecycLiCo Battery Materials Inc. at its upcoming shareholders meeting in early July.

“Over the last five years, we have pioneered the development of lithium-ion battery recycling-upcycling of cathode materials through our RecycLiCo patented process,” says Larry Reaugh, president and CEO of the firm. “To reflect the work we have achieved, we decided on a name change that better represents the company’s focus on our RecycLiCo process.”

In an update provided in late May, the company, which is based in Surrey, British Columbia, says it had begun testing the first stage of its RecycLiCo demonstration plant project with lithium-ion battery cathode production scrap feed material. The demonstration plant is designed with a 500 kilograms (1,100 pounds) per day input capacity of lithium-ion battery scrap.

“Kickstarting the first stage of our demonstration plant project is an incredible milestone, and we look forward to showcasing our scaled-up technology to existing collaborators across the lithium-ion battery supply chain as we diligently progress through the demonstration plant processing steps,” Reaugh said at that time.

In 2021, American Manganese expressed confidence in its ability to upgrade black mass into “cathode precursor” lithium-ion battery material.

The company, which describes itself as a critical metals company focused on recycling lithium-ion battery scrap into high-value battery cathode materials to achieve more than 99 percent extraction of lithium, cobalt, nickel and manganese, will continue to trade under the stock symbol AMY despite the name change, adds RecycLiCo.