You have to actually read the wording on AMY's battery "would be" LiMn Dioxide.
In theory, it would be if it could be, but in reality it can't so you shant rely on this forward looking statement, IMO, because even though it may seem to have NO SURPRISES, like its predecessor PFS, it just can and with this crew's history, odds are it will have SURPRISES, of the negative kind I mean. JMO
Yes, in the end you'll see, we seek safe harbor.
American Mn distances itself from Dreamliner batteries
2013-01-22 07:53 ET - News Release
Mr. Larry Reaugh reports
BOEING 787 DREAMLINER LITHIUM ION BATTERIES BASED ON COBALT NOT MANGANESE
American Manganese Inc. has received numerous shareholder queries and calls regarding the type of lithiated ion battery used by the Boeing Dreamliner 787 which resulted in battery fires and grounding by the Federal Aviation Administration.
Green Car Report states lithium ion batteries are a family of products having very different performance characteristics resulting from incorporating specific alloying metals into the battery chemistry. Lithium plus manganese or/and nickel (or other metals) typically carry less energy per volume than lithium plus cobalt, but are widely viewed as less susceptible to overheating. The battery chemistry utilized by the Dreamliner was Lithium Cobalt Dioxide (LiCoO2); similar to that used in laptop computers and cell phones. American Manganese Inc.'s ("AMY") product would be Lithium Manganese Dioxide (LiMn2O4), or spinel, similar to rechargeable batteries used in the Chevy Volt. Both of these battery chemistries come under the generic heading "lithium Ion Batteries".
AMY's focus has been to produce high purity Electrolytic Manganese Dioxide ("EMD") or Chemical Manganese Dioxide ("CMD") for the Rechargeable Lithium Manganese Battery Industry utilizing their patent pending process. Bloomberg Business Week reports short circuits caused by rogue metal particals in the battery material that may cause shorts once in a very long time.
Norm Chow, P.Eng. - President and Chief Executive Officer of Kemetco Research Inc. says: "while researchers have made significant advances in materials used to improve performance of the lithium ion batteries, often overlooked are the importance of mining processes to produce raw materials which are later refined to battery grade materials. A critical issue is that conventional mining processes introduce metallic impurities in raw materials. These metallic impurities are known to cause internal short circuits resulting in thermal run-away, which by-passes protection circuits implemented for safety. This unfortunately leads to explosions and fires in some cases. The tolerances for these impurities are so low that there are no known methods to reliably test their presence.
In 2012, American Manganese was the only mining company that presented at the Battery 2012 conference in Denver, Colorado and is currently one of the leaders developing mining technology for improved raw materials for lithium ion batteries. American Manganese has made significant progress in advancing their hydrometallurgical process to make these critical raw materials by avoiding steps that are known to introduce metallic impurities. Prototype batteries have been produced and R&D will be advancing to the next stage."
Currently AMY is seeking strategic partnerships and research and development grants to further efforts on producing cleaner high purity products to supply the Lithium Ion Battery market.
This release has been reviewed by John W. Fisher, PEng, a qualified person pursuant to National Instrument 43-101.
We seek Safe Harbor.