Larry Reaugh of American Manganese, Inc. Joins Everett Jolly on Uptick Newswire’s “Stock Day” Podcast
19 June 2018 - 11:00PM
CEO & President of American Manganese, Inc. (TSX.V:AMY)
(OTCPink:AMYZF) (FSE:2AM) (“the company”) Larry Reaugh was recently
interviewed by Everett Jolly on “Stock Day.” The two discussed the
company’s technologies as well as international expansion efforts
and ongoing projects.
American Manganese is a diversified specialty critical metal
company, with multiple patents and intellectual properties. Their
current focus is on recycling lithium ion batteries, particularly
in the electric car industry. Reaugh said that although many
companies are attempting to figure out this process, including
Tesla and many companies in China, nobody has made the same type of
breakthrough in the technology. Their process is effective at
extracting, under optimum conditions, 100% of the cobalt, lithium,
nickel, manganese, and aluminum from batteries and allows these
mined materials to be cycled back into the manufacturing
marketplace for re-use.
The company is currently working on a pilot plant to produce
1kg/hour of material, intended to duplicate the processes that
their large-scale plants will use. Testing the methods at a small
scale will allow the team to find and fix any potential bugs before
operating on a large scale. Despite the tedious and expensive
process this entails, Reaugh said that it must be done. “You don’t
want to build a plant and find out that you have all kinds of
bottle necks in it.” After the pilot plant tests successfully, the
company plans to construct a 3 ton per day demonstration plant
expected to generate $25 to $30 million of product annually.
Recycling batteries has been a major roadblock for the electric
car industry, and this technology will allow for more sustainable
and socially conscious execution of an ever-growing industry.
Reaugh mentioned that it is expected the world will have over 125
million electric cars on the road by 2030, and battery recycling is
a complete cradle-to-grave solution for sustainable production.
Multiple companies across the globe including China, Japan, and
South Korea have expressed interest in the work being conducted by
American Manganese, Inc.
American Manganese, Inc. currently trades on both the TSX
Venture (AMY), OTC Pink Sheets (AMYZF), and FSE:2AM. Stock prices
are hovering around 16.4 cents per share. Everett Jolly, CEO of
Uptick Newswire and “Stock Day” host, believes that the company is
greatly undervalued.
To hear more about the company’s patents, technology, and
international relations, please listen to the full interview at the
link below.
https://upticknewswire.com/featured-interview-ceo-larry-reaugh-of-american-manganese-inc-otcpink-amyzf/
Investors Hangout is a proud sponsor of “Stock Day,” and Uptick
Newswire encourages listeners to visit the company’s message board
at https://investorshangout.com/
About American Manganese, Inc.
American Manganese Inc. plans to produce electrolytic manganese
for the steel and rechargeable battery markets with a breakthrough
lower cost, cleaner process. The company's Artillery Peak property
in Arizona is the largest known manganese deposit in the Southwest
U.S. at a time when this critical metal faces declining supply. The
company's new low power and low water process for producing
electrolytic manganese metal (EMM) and other related products (EMD
and CMD) has been validated in pilot testing.
Contact Information
American Manganese, Inc. Larry Reaugh – President & CEO
778-574-4444 lreaugh@amymn.com www.americanmanganeseinc.com
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About Uptick Newswire and the “Stock Day”
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