Support for International Co-Innovation Action Plan between RecycLiCo Battery Materials and Battery Safety Solutions B.V.

RecycLiCo Battery Materials (“AMY” or the “Company”) is pleased to announce that it will receive advisory services and conditional funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) to support the International Co-Innovation Action Plan (ICAP) between RecycLiCo Battery Materials (AMY) and Battery Safety Solutions B.V. (BSS).

The main objective of the ICAP is to develop a joint action plan and a Go-To-Market strategy between AMY and BSS for a demonstration lithium-ion battery (LIB) recycling plant in Europe and North America based on the co-development and implementation of each firm’s complementary innovative technologies.

“We are proud to receive support from the Government of Canada,” said Larry Reaugh, President and CEO of RecycLiCo Battery Materials. “We believe RecycLiCo Battery Materials and Battery Safety Solutions are an excellent match for creating a complete life-cycle material recovery solution for spent and damaged lithium-ion batteries.”

About Battery Safety Solutions B.V.
Battery Safety Solutions provides a leading solution with the highest possible recycling percentage for all batteries and a vast network of partners and suppliers. With a combined 65 years of knowledge and experience – BSS specializes in the collecting, storing, discharging, and dismantling of lithium-ion batteries in Europe.

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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 high 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

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