Black Mass Tests Achieve 99% Leach Extraction Efficiency for Lithium, Nickel, Cobalt, and Manganese
RecycLiCo Battery Materials (“AMY” or the “Company”) is pleased to report the successful upcycling of lithium-ion battery black mass into NMC-622 (nickel-manganese-cobalt oxide) cathode precursor, using AMY’s RecycLiCo™ closed-loop process. The black mass feedstock (Feature Image – Black Mass from Mechanically Treated Electric Vehicle Batteries) was produced by mechanical size reduction of end-of-life lithium-ion batteries, resulting in a powder substance that contains critical battery materials, including lithium, cobalt, nickel, and manganese, as well as copper, aluminum, and graphite. RecycLiCo Battery Materials sourced and tested the samples of black mass from an electric vehicle manufacturer for demonstration of the RecycLiCo™ process and validation of its products.
Lab-scale testing of the black mass samples demonstrated a 99% leach extraction efficiency of lithium, nickel, manganese, and cobalt. The resulting pregnant leach solution (PLS) was then adjusted to the desired ratio of nickel, manganese, and cobalt before the direct co-precipitation of the NMC-622 cathode precursor. As seen in the Scanning Electron Microscopy (SEM) scans, the RecycLiCo™ NMC-622 product shares the same high-quality technical specifications – such as particle morphology, size, and distribution – found in conventional lithium-ion battery cathode precursor materials produced from mined raw materials.
Figure 1 – Scanning Electron Microscopy Scan of Cathode Precursor from Upcycled Lithium-ion Battery Black Mass
Figure 2 – Scanning Electron Microscopy Scan of Cathode Precursor from Upcycled Lithium-ion Battery Black Mass
Figure 3 – RecycLiCo™ NMC-622 Cathode Precursor from Upcycled Lithium-ion Battery Black Mass
“RecycLiCo™ is a critical resource solution, not waste disposal. Our focus is more than just breaking down waste material. We have been focused on the upcycling of waste lithium-ion battery cathode materials to create useful, high-value products and I’m proud to demonstrate our processing efficiency to industry leaders that recognize the potential benefits of integrating RecycLiCo™ alongside their facilities,” said Larry Reaugh, President and CEO of RecycLiCo Battery Materials. “Our continued success in upcycling EV battery production scrap and black mass broadens our business strategy and potential for strategic partners.”
RecycLiCo Battery Materials offers an advanced upcycling solution of cathode waste – from battery manufacturing scrap and end-of-life lithium-ion batteries – into cathode precursors with one closed-loop process, as seen in the figure below. Therefore, reducing traditional battery supply chain complexity, cost, and pollution. Compared to competing recycling technologies that create lower-value products, the RecycLiCo™ closed-loop and integrated processing strategy offers a more practical, cost-effective, and efficient solution for achieving a circular economy.
Figure 4 – Integration of the RecycLiCo™ with Feedstock from Battery Manufacturing Scrap and End-of-Life EV Batteries
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 RecycLiCo™ patented process was developed to offer a closed-loop and environmentally friendly solution for the recycling of cathode materials used in lithium-ion batteries. The recycling process provides high extraction and purity of cathode metals, such as lithium, cobalt, nickel, manganese, and aluminum. The RecycLiCo™ patented process was designed with the goal to produce recycled battery products that could be seamlessly and directly integrated into the re-manufacturing of battery cathodes using minimal processing steps.
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.