Flow Sheet Optimization Reduces Reagent Consumption and By-product Production
New Process Patent Will Be Filed
RecycLiCo Battery Materials (“AMY” or the “Company”), is pleased to announce the beginning of Kemetco Research’s testing of Stages 3, 4, and 5 of the RecycLiCo™ Pilot Plant – an innovation of RecycLiCo Battery Materials for recycling cathode materials from spent lithium-ion batteries.
Following the successful extraction results reported in the Company’s April 12, 2019 Press Release regarding pilot plant testing of Stages 1 and 2 – the Company’s contract research lab, Kemetco Research, has proceeded with testing of the final Stages (3, 4, and 5), which includes the purification and recovery of battery grade ready lithium carbonate and metal oxides (nickel, manganese, cobalt) as well as recycling of reagents and water.
Stages 1 and 2 of the Pilot Plant consisted of a pre-treatment and leach of the NMC and NCA cathode material, which produced 500L of Pregnant Leach Solution of each chemistry. Kemetco began conducting tests of the final stages using the NMC Pregnant Leach Solution and determined flow sheet optimizations for the Pilot Plant with the goal of creating high purity base metals.
In addition, Kemetco has integrated a new and patentable technology to the final stages of the Pilot Plant process that reduces reagent consumption and by-product production. The Company will file for the new patent following the completion of testing.
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
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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.
