American Manganese and Voltabox of Texas Partnered to Recycle Lithium-ion Batteries

TEXAS – American Manganese Inc. (AMY) signed a Memorandum of Understanding (MOU) with Voltabox of Texas Inc., a subsidiary of Voltabox AG, to provide end-of-life lithium-ion batteries for commercial-scale recycling of cathode materials using AMY’s RecycLiCoTM patented process, the companies informed.

Voltabox is a system provider for e-mobility in industrial applications using custom configurations of lithium-ion battery technology. With the recycled lithium batteries market projected to hit US$6 billion by 2030, American Manganese said is well-positioned to provide significant environmental and economic solutions to a variety of end-users.

“Voltabox is focused on managing the total lifecycle of our lithiumion programs from initial manufacturing through second-use applications and eventually to end of life. A key part of this approach is the responsible disposal of spent battery cells, modules, and systems,” said Sam Olson, CEO of Voltabox of Texas.

The RecycLiCoTM process provides a closed-loop recycling solution, with high recovery and purity potential of valuable battery materials such as lithium, nickel, manganese, cobalt, and aluminum. AMY’s RecycLiCo process is an alternative to the current method of disposing end-of-life lithium-ion batteries via high-heat smelters that reduce the whole battery system to a black slag with little potential for complete material recovery.

“American Manganese is proud to be recognized as an advanced battery recycling solution by a pioneer in sustainable mobility and we can appreciate their concern to find the best recycling solution for their end-of-life battery system,” said Larry Reaugh, President and CEO of American Manganese. “Currently, legislation in North America does not demand a transparent and sustainable battery metal supply chain, so the duty to establish a recycling framework is on environmentally responsible companies like American Manganese and Voltabox.”

In addition, American Manganese maintains focus on the development of its first 3-tons-per-day commercial demonstration recycling facility for cathode scrap material originating from lithium-ion battery manufacturing waste.