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Metal Stocks | 2012-02-17 02:53:03
American Manganese, a mine developer, is developing a manganese deposit in Arizona and aiming to become the lowest cost producer of the metal, which is used in lithium ion and other batteries, according to a report by Kachan & Co,a cleantech research and consulting firm.
BRITISH COLUMBIA (Scrap Monster): American Manganese, a mine developer, is developing a manganese deposit in Arizona and aiming to become the lowest cost producer of the metal, which is used in lithium ion and other batteries, according to a report by Kachan & Co,a cleantech research and consulting firm.
The company aims at low cost production by using hydro metallurgic system to process the ore. The company claims its process uses far less energy and water than existing ones, and results in tailings that are environment friendly and may be placed back into the site immediately after processing.
With departure from the conventional mining and processing techniques, American Manganese's process are intended to be a virtually closed loop with water recycling and extraction of toxins.
Dallas Kachan, Managing Partner, Kachan & Co, says,""Mining has traditionally been a largely dirty business. But that's changing. American Manganese's site in the desert of Artillery Peak, Arizona is to look very different from the images of the oil sands of Northern Alberta".
The report examines supply and demand for the electrolytic manganese metal (EMM) the company plans to produce and summarizes industry feedback from interviews with mining professionals worldwide and concludes with its own analysis of American Manganese's probability for success.