American Manganese Inc announced it is changing its name to RecycLiCo Battery Materials Inc to reflect its focus on the proprietary closed-loop RecycLiCo process, which upcycles lithium-ion battery waste into high-value battery cathode materials.
"Over the last five years, we have pioneered the development of li-ion battery recycling-upcycling of cathode materials through our RecycLiCo patented process,” CEO Larry Reaugh said in a statement.
“To reflect the work we have achieved, we decided on a name change that better represents the company's focus on our RecycLiCo process.”
READ: American Manganese begins first stage testing of its RecycLiCo demonstration plant
The name change will officially occur at its upcoming annual general and special meeting of shareholders on July 8, 2022.
The company will continue to trade under the stock symbol "AMY" despite the name change.
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