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November 8, 2019 | American Manganese Update on RecycLiCo™ Testing Program

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

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Archives November 8th, 2019

Posted In: Company Showcase

One Comment

  • Avatar Marco Antonio Murillo says:

    Larry, thanks for the update, and here are some comments on the company´s R&D:

    In view of the recent election of a Liberal minority government, with no parliamentary representation in Alberta and Saskatchewan, the news has unchained a debate about Canada´s geopolitical polarization. One of the most interesting topics of the debate is the importance of Alberta´s newest oil production to reach world markets, and how can a leader be put into this government to move ahead with it. With the private sector pulling out of the game due to the slow approval process, and strongly opposed construction of the TransCanada Pipeline, the federal government took the leading position acquiring the project using taxpayer’s money. Some might call it a bad investment but oil exports still account for a large portion of Canada´s GDP, which fuels the budget for all the provinces. With that in mind, is understandable that Ottawa wants to maintain, and increase Alberta´s revenue-generating oil operations.

    But Justin Trudeau seems to be standing between giving the project his full support, or not… Canadians know he´s very conscious of Canada´s responsibility reducing carbon emissions in the world, and he´s been committed to tax carbon emissions, or shaking hands with BC´s environmental groups raising concerns regarding more oil flowing into the Pacific port of Vancouver. Which way will he choose to lead, and with whom? That´s going to be a critical role and team for him to make.

    Alberta´s rising oil production seems to be in jeopardy now that oil prices are decreasing, and the western province running against the clock having the pipeline built. Environmental groups tell the world that the oil era is over, and we might think it is not but the transition into electric mobility is on the rise. Very soon, within the next ten years, we might see electric vehicles take up to one-third of the world´s automobile fleet. That will mean a big amount of oil coming out from the market, with prices dropping too. It´s all speculation but as Canadians, we ought to support Alberta´s efforts to get the most for its oil than not.

    In the meantime, I´d suggest that we in British Columbia bring that debate into a different arena. Let´s spark the ignition of the R&D the resource industry is engineering with regards to electric batteries, and electric vehicles. We have Canadian mining companies conducting research to recycle strategic metals, with American Manganese as the leader, and others exploring for graphite, lithium, cobalt… Some are already producing these metals… I think British Columbia cannot stop the world´s oil consumption, the world will do it on its own, and at its own pace. What we can do is tell the world that we´re getting ready for the transition into the electric mobility and that we want to partner with Alberta´s private sector in making this possible.

    We don´t know how the economy of the next decade will work. If oil revenues account for Canada´s economic prosperity we rather go through a progressive decrease of oil production and refining for internal combustion engines, than into an abrupt one. Anyhow, having the technology and the technicians that provide alternatives to use less oil is going to be key in securing jobs, prosperity and Canada´s leading position in the game of transitioning to lower carbon emissions.

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