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 and Kemetco Research Inc. will be presenting on advanced battery recycling for Li-Cobalt recovery and reuse at the 24th Cobalt Development Institute (CDI) Conference on May 18 in Marrakech, Morocco. The CDI is a non-profit trade association composed of producers, users, recyclers, and traders of cobalt. They promote the sustainable and responsible production and use of cobalt in all its forms. The Cobalt Conference is an annual event organized by the cobalt industry through the CDI.
The conference will be attended by Mr. Norman Chow, President of Kemetco Research Inc., and Mr. Larry Reaugh, President and Chief Executive Officer of RecycLiCo Battery Materials Mr. Chow will make a technical presentation about RecycLiCo Battery Materials’s patent pending process for recycling cathode material such as lithium, cobalt and nickel from spent electric vehicle lithium-ion batteries.
“The Company is honored to be invited to its second major technical presentation for its lithium-ion electric vehicle battery recycling process technology. AMI is being recognized as a significant potential player in the supply of cathode materials specifically cobalt, which is in short supply currently trading at $54,500/tonne,” says 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.
They provide scientific expertise in the fields of Specialty Analytical Chemistry, Chemical Process and Extractive Metallurgy. Because Kemetco carries out research in many different fields, it is able to 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 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 and Lithium-Cobalt-Aluminum. (Please see the Company’s January 19, 2017 press release for further details)
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.
