Cathode Materials Sourced from Disassembled Electric Vehicle Battery Packs by Critical Materials Institute Team Member
RecycLiCo Battery Materials (“AMY” or the “Company”) is pleased to announce that the Company’s independent contract lab, Kemetco Research, has begun testing cathode material from disassembled electric vehicle battery packs supplied by a Critical Materials Institute (CMI) Team Member. The initiative is in regards to AMY’s previously announced partnership with the U.S. Department of Energy (DOE) on a multi-year project that focuses on creating a circular economy for lithium-ion batteries.
The CMI project, formally titled “Lithium Ion Battery Disassembly, Remanufacturing, and Lithium & Cobalt Recovery Project,” focuses on research, development and demonstration of novel methods that maximize value recovery from lithium-ion battery stacks, modules and cells by reuse, remanufacturing, and materials recovery.
The project is under the aegis of the Critical Material Institute, an Energy Innovation Hub, led by Ames Laboratory and supported by the U.S. Department of Energy, Office of Energy Efficiency and Renewable Energy’s, Advanced Manufacturing Office.
“The U.S. Department of Energy initiatives on critical materials and creating a circular economy align with our company objectives and we are excited to continue the projects development,” said Larry Reaugh, President and CEO of RecycLiCo Battery Materials.
About Kemetco Research Inc.
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.
Kemetco provides scientific expertise in the fields of Specialty Analytical Chemistry, Chemical Process and Extractive Metallurgy. Because Kemetco carries out research in many different fields, it can offer a broader range of backgrounds and expertise than most laboratories.
About RecycLiCo Battery Materials
RecycLiCo Battery Materials is a critical metals company focused on the recycling of lithium-ion batteries with the RecycLiCo™ Patented Process. The process provides high extraction of cathode metals, such as lithium, cobalt, nickel, manganese, and aluminum at battery grade purity, with minimal processing steps. RecycLiCo Battery Materials aims to commercialize its breakthrough RecycLiCo™ Patented Process and become an industry leader in recycling cathode materials from spent lithium-ion batteries.
On behalf of Management
RecycLiCo Battery Materials
Larry W. Reaugh
President and Chief Executive Officer
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