RecycLiCo™ Pilot Plant Prepares for Stage 5 Testing to Recover Lithium Carbonate and Recycle Process Reagents and Water
RecycLiCo Battery Materials (“AMY” or the “Company”), is pleased to announce analytical results from the Company’s independent contract lab, Kemetco Research, an integrated science, technology and innovation company.
Using the Company’s patented RecycLiCo™ process, Kemetco attained 99.94% purity from the recovered NCA cathode material. The material was tested in stages 3 and 4 of the RecycLiCo™ pilot plant project.
Following the NCA cathode precursor purity results and previously achieved 99.93% purity from NMC cathode material, the Company is preparing to enter the final stage (stage 5) of the RecycLiCo™ pilot plant project for the recovery of battery-grade lithium carbonate and the recycling of process reagents and water.
“Kemetco’s expertise in development of hydrometallurgical processes has enabled them to meet their goals and the Company’s expectations during all stages of the pilot plant project. We are excited to close the loop on our patented process as the final stage of the project approaches,” 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
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.