Stages 1 & 2 of the Pilot Plant Planned to be Commissioned In December
Process Will Result In New Applications for AMY’s Patent Portfolio
Larry W. Reaugh, President and Chief Executive Officer of RecycLiCo Battery Materials (“RecycLiCo Battery Materials” or “AMY” or the “Company”), (TSX.V: AMY | OTC US: AMYZF | FSE: ID4) reports that he expects the Company’s pilot plant to be commissioned during the week of December 17, 2018 to carry out Stage 1 and 2 testing out of five stages. Stage 1 and 2 consist of the latest process developments on handling industrial feedstock that have been sourced from a U.S. recycler.
The Company plans to file a Continuing Patent Application for Stages 1 and 2 as it adds to the original patent pending core technology in Stages 3 and 4. Stage 5 also incorporates a newer technology, for which bench scale development work has been completed to reduce by-product production and rinsing requirements.
“AMY has been confident in Kemetco’s extensive experience in process design and industrial equipment selection required to scale up their lab processes into operating closed-circuit plants,” said Mr. Reaugh. “Accordingly, the Company anticipates that our plans for the pilot plant will be on target.”
The pilot plant will process one tonne of battery cathode material at 1 kg/hr. It should be noted that the Company’s pilot plant at Artillery Peak, built in 2011 to process manganese metals and dioxides, was designed for 1 kg/hr but actually processed up to 20 kg/hr.
“Kemetco has been extremely diligent in their research and development to verify that the process design will not only be successful in recovering cathode materials, but that it will be an effective process on an industrial scale,” Mr. Reaugh added.
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 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 the industry leader in recycling spent electric vehicle lithium-ion batteries and recovering 100% of the cathode metals such as: Lithium-Cobalt, Lithium-Cobalt-Nickel-Manganese, Lithium-Cobalt-Aluminum and Lithium-Manganese (Please see the Company’s July 25, 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.