- NMC-811 cathode precursor delivered to active collaborators in North America, Europe, and Asia
- Recycled material to be third-party analyzed and battery performance tested
- Internal analysis indicates product specifications are within desired industry ranges
- NMC-811 cathode precursor recycled and upcycled from electric vehicle black mass
RecycLiCo Battery Materials (“AMY” or the “Company“), a pioneer in advanced and environmentally friendly lithium-ion battery cathode recycling-upcycling, is pleased to provide an update on its technology and partnership development strategy.
RecycLiCo Battery Materials has produced and delivered NMC-811 (nickel manganese cobalt oxide) cathode precursor material samples to its active third-party collaborators in North America, Europe, and Asia. The feedstock material for the cathode precursor was black mass originating from waste electric vehicle batteries.
The cathode precursor is a high-value and specifically engineered material that commonly contains nickel, cobalt, and manganese, which turns into a cathode with the addition of lithium. The cathode precursor material will be independently analyzed and built into battery cells to benchmark against cathode precursors from virgin mined materials. AMY’s internal analysis indicates that the cathode precursor specifications are within desired industry ranges.
“We are maintaining an active collaboration with players in the growing battery industry with our continuous lab-scale research, while we work in parallel to prepare our demonstration plant for scaled-up and continuous operation,” said Larry Reaugh, President and CEO of RecycLiCo Battery Materials. “We believe our lithium-ion battery recycling and upcycling technology enables a circular solution for the battery supply chain, and we aim to strengthen our relationship with the various collaborators.”
About RecycLiCo Battery Materials
RecycLiCo Battery Materials is a critical minerals company focused on the upcycling of lithium-ion battery waste into high-value battery cathode materials, using its closed-loop RecycLiCo™ Patented Process. With minimal processing steps and up to 99% extraction of lithium, cobalt, nickel, and manganese, the upcycling process creates valuable lithium-ion battery materials for direct integration into the re-manufacturing of new lithium-ion batteries.
On behalf of Management
RecycLiCo Battery Materials
Larry W. Reaugh
President and Chief Executive Officer
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