Successful Unit Operation Tests
Larry W. Reaugh, President and Chief Executive Officer of RecycLiCo Battery Materials (“RecycLiCo Battery Materials” or “AMY” or the “Company”), is pleased to announce that AMY’s processing partner, Kemetco Research, has commenced the processing of a select sample of cathode scrap material through Stages 1 and 2 of the Pilot Plant. The commencement of the pilot plant followed a HAZOP study and preliminary testing of all the unit operations in Stage 1 and Stage 2.
The complete five-stage Pilot Plant operation will progress as follows:
Stage 1 – Pre-treatment of cathode material
Stage 2 – Leach of active material
Stage 3 – Purification
Stage 4 – Recovery of base metals (e.g., nickel, cobalt, manganese)
Stage 5 – Lithium recovery and water recycle
“The commencement of the Pilot Plant operations marks a significant step in RecycLiCo Battery Materials’s quest to prove its patent-approved lithium-ion battery recycling technology.” said Mr. Norman Chow, President of Kemetco Research Inc. “Kemetco is proud to partner with RecycLiCo Battery Materials in developing this innovative technology.”
“This is a great milestone for the Company as we work towards a complete lithium-ion battery recycling process. The Company is also anticipating an official U.S. Patent number for its recently approved patent application. The Company will continue to report on all future advancements,” said Mr. Reaugh.
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 metal company with a patented process for the recovery of metals from lithium-ion batteries such as cobalt, lithium, nickel, manganese, and aluminum. Using a novel combination of reagents and unit operations, AMY can provide 100% extraction of cathode metals at battery grade purity. RecycLiCo Battery Materials aims to capitalize on its patented technology and proprietary know-how to become the industry leader in recycling spent electric vehicle lithium-ion batteries (Please see the Company’s Dec 14, 2018 Business Plan (“CBP”) for further details).
On behalf of Management
RecycLiCo Battery Materials
Larry W. Reaugh
President and Chief Executive Officer
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain certain “Forward-Looking Statements” within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time with the Toronto Stock Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.