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June 30, 2017 | CEO Discusses Financing and Ongoing Research and Development

American Manganese Inc.

Larry Reaugh, President and CEO. American Manganese Inc. aims to capitalize on its patented technology and proprietary know-how to become an industry leader in the recycling of spent electric vehicle lithium ion cathode material such as: Lithium-Cobalt, Lithium-Cobalt-Nickel-Manganese and Lithium-Manganese

Cobalt hits $60,000/tonne 

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Archives June 30th, 2017

Posted In: Company Showcase

One Comment

  • Marco Antonio Murillo Betancur says:

    Hello colleagues, I´d like to take this chance to post a comment, Canada Day 150 is a good occasion to do it, and the words of Mr. Reaugh are not less exciting. I first congratulate the company for its clever, focused and goals-oriented corporate policy. Not only is American Manganese applying its resources into valuable R&D, its doing what we know as being socially responsible. Bringing cobalt from old lithium batteries back into the market sounds absolutely correct. I´ve been living in New Westminster for long enough to know how good recycling can be as a business. Bringing scrap metals to ABC Recycling on any given day showed me they must be doing good deals out of their trade.

    On the other hand, there is no doubt that alternative resources for transportation are going up, that is what my background in in the resource industry has taught me. It started around 1988 exploring northern Baja California and Sonora for oil formations with no success, then a bit more in Tamaulipas-Nuevo Leon while scratching the surface of the Sierra Madre Oriental down to the Gulf of Mexico…. then in northern Germany with BEB Oil & Gas in 1994 at a time when the only oil to be found was in the North Sea. Later on in northern Spain with the people of the Applied Geology of the Leibniz University of Hannover in 1997, or with PEMEX Oil around 2001-2002, the beginning of a declining Cantarell formation in the Gulf, and with my collaborations with Canadian resource professionals, all pretty aware of the value of alternative sources of energy like lithium, cobalt, or uranium. I must admit that humankind will be very shortly redefining the way we solve the problem of feeding transportation with the fuel needed to do it. The most likely trend will be through electric vehicles, and for that, we´re going to need cathode materials, like cobalt and lithium.

    Thank you Mrs. Piorun for the news you’ve been sending us, having a masters degree in chemical engineering, I´d like to stay informed, and aware of the discoveries made on these new technologies to build or rebuild powerful batteries, in Canada. At the same time, I must admit that my search for energy doesn’t end with alternative sources of energy, I also believe that we, collectively as humans, must keep our eyes open to change our lifestyles and save on gas, or driving less miles to get to work. Hopefully one day, we can all have better chances to grow some of the food we eat, harvest some of the water we drink, and store some of the energy nature provides as sunlight, at home or close to home.

    Happy Canada Day!

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