Canadian Patent to Join U.S., Korean and Japanese Patents in AMY’s Battery Recycling Portfolio
Remaining National Phase Patent Applications include China, Europe, Australia, and India
RecycLiCo Battery Materials (“AMY” or the “Company”) is pleased to announce that the Canadian Patent Office has issued the Company a Notice of Allowance with respect to AMY’s National Phase Patent Application for its lithium-ion battery recycling technology, RecycLiCo™. The Notice of Allowance is a formal notification indicating that the examination of the invention has been completed by the Canadian Patent Office and is allowed for issuance as a patent. The Company’s attorney will be completing documentation and submitting fees for formal issuance of the Canadian patent.
AMY’s RecycLiCo™ process includes key aspects such as:
- Treatment of several cathode chemistries such as lithium cobalt oxide (LCO), lithium nickel manganese cobalt oxide (NMC), and lithium nickel cobalt aluminum oxide (NCA).
- Methods for achieving 100% extraction of cobalt, nickel, manganese, aluminum for all cathode chemistries tested.
- Method for achieving 100% lithium extraction by a novel locked cycle process.
“The notice of allowance from the Canadian Patent Office further expands our battery recycling patent portfolio and adds validation to our RecycLiCo process. I have always stressed the importance of a patent portfolio because of its respected validation process, transparency, added core value, and recognition,” commented Larry Reaugh, President and CEO of RecycLiCo Battery Materials. “Our timing is opportune given that the Canadian Government is now aggressively pursuing the worldwide EV revolution.”
The Canadian Patent, when issued formally, will join patents already issued to AMY by the patent offices of the United States (U.S. Patent No. 10246343 and U.S. Patent No. 10308523), South Korea (Patent No. 10-2246670) and Japanese (Patent No. Patent 690606). The Company has also filed National Phase Patent Applications for China, Europe, Australia, India.
About RecycLiCo Battery Materials
RecycLiCo Battery Materials is a critical minerals company focused on the upcycling of lithium-ion battery waste into high-value battery cathode materials, using its closed-loop RecycLiCo™ Patented Process. With minimal processing steps and up to 99% extraction of lithium, cobalt, nickel, and manganese, the upcycling process creates valuable lithium-ion battery materials for direct integration into the re-manufacturing of new lithium-ion batteries.
RecycLiCo Battery Materials’s original patented manganese process is the cornerstone technology in the development of the Company’s lithium-ion battery cathode recycling process, RecycLiCo™.
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.