The United States manganese industry wants to combine block chains with lithium-ion batteries

United States Manganese Company(TSXV: AY; PINKS: AMYZF; LarryW.Reaugh, president and chief executive of FRANK: 2AM, is pleased to announce that the company is working with Circulor UK to create a retrospective and ethical source of electric vehicle battery metals(such as cobalt) through block chain technology. circular economy.

"AMY and Circulor will map the life cycle of electric car batteries and understand the flow of value through the production process and life cycle," said Larry Reaugh, chief executive of the US company. And provide AMY with a road map for the purchase of valuable lithium ion batteries. "

Block chain technology will create trace ability of battery metals for electric vehicles through first use and recycling.

"Block chain technology has the potential to change complex industrial supply chains by ensuring origin and increasing efficiency," said Doug Johnson-Poensgen, chief executive of CirculorLtd.. This joint project will create the first block chain solution specifically designed for the EV circular economy. "

During the pilot period, AMY and Circulor will participate in other industrial partners in the battery life cycle of electric vehicles, including automotive manufacturers.

For ethical questions about battery-metal in existing supply chains, click on the following link to read the CNN article: "Car makers and large technology departments struggle to avoid child labor."

About Circulor Ltd..

Circulore Ltd. is a London(UK) block chain startup that focuses on the source of materials in the electric car supply chain.

Circulor is creating distributed applications to help supply chain participants prove their provenance, improve supply chain transparency and reduce counter party risk. The data pools to be created in block chain ecosystems will eventually allow participants to release value far beyond current possibilities without compromising commercial confidentiality or violating antitrust legislation.

The company has been conducting ethical and sustainable procurement with supply chain participants from car manufacturers to demonstrate the utility of block chain technology and ensure that its solutions can be integrated with existing supply chain management solutions.

Circulor is privately held.

About American Manganese Company

The United States Manganese Company is a diversified professional and key metal company that focuses on obtaining its patent intellectual property rights through the low-cost production or recycling of electrolytic manganese products worldwide, as well as the recycling of used electric vehicles lithium-ion rechargeable batteries.

Interest in the company's patent process has refocused U. S. manganese's focus on testing its patented technology for other uses and materials. The United States Manganese Company aims to use its patented technology and proprietary technology to become an industry leader in the recovery of lithium ion batteries for used electric vehicles and the recovery of 100 cathode metals, such as lithium cobalt, lithium cobalt nickel alloys, manganese, lithium cobalt aluminum and lithium manganese.

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