Recyclico Battery Materials Inc. (AMYZF)

[gharma]

Arizona company's PEA shows by-product production of 110 million pounds per year of electrolytic manganese (EMM) for the 18-year life of the mine with CapEx that includes nearly $200 million for a 55,000 tons per year electrolytic manganese plant.

"Our detailed and extensive metallurgical test-work has paid off as we now have the ability to produce EMM domestically, which makes Hermosa the only North American producer allowing us to service the local steel and aluminium industry."
. . .
The company said that the stand-alone nature of the manganese facility provides it more flexibility as that part of the project can be financed separately or phased in, and funded through cash flow from production. It has successfully produced a 35% manganese concentrate that will be used as feedstock for the plant, according to Wildcat's statement.
"With manganese being defined as a strategic metal in the USA and with worldwide demand surging, entering into the domestic manganese market as one of the lowest cost EMM producers worldwide provides Wildcat a tremendous opportunity," added Warke.

http://www.proactiveinvestors.com/companies/news/50602/wildcat-silver-gains-on-prefeasibility-study-results-from-hermosa-50602.html