American Manganese Inc.Â [AMY-TSXV; AMYZF-OTC; 2AM-FSE] announced that the United States Defense Logistics Agency (DLA) has awarded the company a grant to perform work on the United States Governmentâ€™s manganese ore stockpile located near Wenden, Arizona, with the goal of producing electrolytic manganese metal (EMM) for the nation. The DLA manages combat logistics across all U.S. Armed Services and oversees the U.S. National Defense Stockpile (NDS).
AMY has been awarded a grant to conduct tests of the Wenden stockpile to confirm the viability of using the companyâ€™s patented hydrometallurgical process to recover EMM from the stockpile. If successful, the DLA, together with AMY, will proceed to transform sub-economic manganese resources into a valuable source of EMM, an outcome in line with the DLAâ€™s acquisition plan for EMM as well asÂ President Trumpâ€™s Executive Order 13953Â (September 30, 2020), â€œAddressing the Threat to the Domestic Supply Chain From Reliance on Critical Minerals From Foreign Adversaries and Supporting the Domestic Mining and Processing Industries.â€ This project has garnered strong support from members of the Senate and Congress:
â€œThe United States should never be reliant on an adversaryÂ like China for minerals critical to our national defense,â€Â Senator Martha McSally (R-AZ) said.Â â€œI have been working to bring Americaâ€™s crucial supply chain home from China and todayâ€™s announcement is a positive step toward that goal.â€
â€œAs a Member of Congress, it is seldom that I see such a clearly amazing opportunity,â€ said Congressman Paul Gosar (R-AZ).Â â€œThe successful execution of this project could transform an unwanted stockpile of low-grade material, long ago paid for by the U.S. taxpayer, into a NDS stockpile material (EMM).Â The U.S. simply cannot remain dependent on Chinese supply chains â€” particularly when electrolytic manganese metal is a designated strategic defense mineral.â€
The DLA grant constitutes AMYâ€™s second project to gain support from the U.S. government