Chinese lithium producers embrace hedging to manage volatility
Several companies have unveiled their hedging exposure via lithium carbonate futures during the recent earnings season.
Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc. announced today Kemetco’s lab test results for lithium-ion battery cathode scraps recycling on the material received from an American cathode scrap supplier.
After a single cycle, Kemetco recovered 97.5% cobalt, 97.61% manganese, 97.23% nickel, and 68.75% lithium with recovery expected to increase in a locked cycle and expects to report more news on the Pilot Plant progress and other pending news in September and this Fall.
Kemetco Research is a private sector integrated science, technology and innovation company. Their Contract Sciences operation provides laboratory analysis and testing, field work, bench scale studies, pilot plant investigations, consulting services, applied research and development for both industry and government. Their clients range from start-up companies developing new technologies through to large multinational corporations with proven processes. It provides scientific expertise in the fields of Specialty Analytical Chemistry, Chemical Process and Extractive Metallurgy.
American Manganese Inc. is a diversified specialty and critical metal company focused on capitalizing on its patented intellectual property through low cost production or recovery of electrolytic manganese products throughout the world, and recycling of spent electric vehicle lithium-ion rechargeable batteries.
Written with material from American Manganese Inc
