Larry W. Reaugh, President and Chief Executive Officer of RecycLiCo Battery Materials (“RecycLiCo Battery Materials” or “AMI” or the “Company”), (TSX.V:  AMY; OTCQB:  AMYZF; FSE:  ID4), is pleased to announce that the Company has contracted Kemetco Research Inc. to perform “Proof of Concept” testing of the Company’s proprietary hydrometallurgical process for the recycling of cathode materials of Lithium Ion electric drive vehicle (EDV) batteries.

Mr. Norman Chow, President of Kemetco research Inc., says:  “There is currently no known commercial technology for large scale recycling of cathode materials of multiple chemistries.  Spent cathode materials represent an ideal feedstock to be processed with RecycLiCo Battery Materials’s proprietary hydrometallurgical process”.  Independent third party examination of the process concurred that it should be technically viable.

Currently, the demand for lithium for use in electric vehicle battery cathode materials is outstripping the available supply.  The price of lithium carbonate feedstock in North America at present is about US $6400/tonne.  Recently reported Chinese spot prices have been triple this amount.

One factor driving demand is that the first generation EDV batteries are reaching the end of their life cycle.  A Recycling International article dated January 12, 2016 by Kristen Linnenkoper, Titled “EDV Batteries Present big Recycling Opportunity”, reports that 276,000 electric drive vehicle batteries expired or left service by in 2015.  It estimates that this number will increase to 358,000 by 2020 and 849,000 by 2025.  These spent batteries are a growing feedstock for recycling and upcycling efforts.

“The Company is positioned to take a leading role in providing solutions to the emerging rechargeable EDV battery market”, says Mr. Reaugh.  “The Company’s patented hydrometallurgical manganese extraction process is well suited to recycle and produce any or all of the high value-added cathode materials including Lithium, Cobalt, Nickel, and Manganese.

About Kemetco Research Inc.
Kemetco Research Inc. is a privately owned contract research and development company specializing in extractive metallurgy, chemical processing and specialty chemical analysis.  It was formed after the acquisition of the industrial process division of B.C. Research, which had been in operation for over 60 years as a research and development contractor in British Columbia.

About RecycLiCo Battery Materials
RecycLiCo Battery Materials is a diversified specialty and critical metal company focused on capitalizing on its patented intellectual property through low cost production or recovery of electrolytic manganese products throughout the world, and recycling of spent electric vehicle lithium-ion rechargeable batteries.

Interest in the Company’s patented process has adjusted the focus of RecycLiCo Battery Materials toward the examination of applying its patented technology for other purposes and materials.  RecycLiCo Battery Materials aims to capitalize on its patented technology and proprietary know-how to become and industry leader in the recycling of spent electric vehicle lithium-ion batteries having cathode chemistries such as:  Lithium-Cobalt, Lithium-Cobalt-Nickel-Manganese, and Lithium-Manganese.

On behalf of Management

RecycLiCo Battery Materials

Larry W. Reaugh

President and Chief Executive Officer


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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.

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