- RecycLiCo is a critical metals company focusing on developing advanced technology for recycling and upcycling battery production waste and end-of-life batteries, closing the loop of the conventional supply chain of battery metals.
- The company has successfully demonstrated its process at its demonstration plant by multiple samples from multiple third parties.
- RecycLiCo continues to conduct technology testing and development at its 6,700-square-foot demonstration plant.
- The company has achieved several milestones, including 99 percent leach extraction of lithium, nickel, cobalt and manganese.
- RecycLiCo signed its first commercial joint venture agreement with Zenith Chemical to build a 2,000-tonne/year recycling plant in Taiwan using RecycLiCo’s process.
- The company is pursuing commercialization of its patented process via joint ventures with strategic partners.
- RecycLiCo’s process has undergone an ISO-compliant life cycle assessment (LCA) reviewed by independent experts. The LCA indicates a substantial reduction in global warming potential compared to mining and other hydrometallurgical processes.
- The company produced and delivered NMC-811 cathode precursor samples to its active third-party collaborators in North America, Europe and Asia.
- The company delivered samples of its battery-grade lithium carbonate and lithium hydroxide to battery manufacturers in Japan and South Korea
- RecycLiCo's recycled-upcycled precursor cathode active material was successfully used by a Korean cathode manufacturer to create battery cells that demonstrate the same level of performance as commercial precursor material.
- Lithium carbonate regenerated from recycled battery waste using RecycLiCo's patented process has successfully been qualified by C4V's Phase 1 Supply Chain Qualification.
- The Australian and Japanese patent offices recently issued respective patents to RecycLiCo's lithium-ion battery recycling process, bringing the company's total global granted patents to 10, with six additional patent applications underway.
- An experienced management team and advisory board to lead the company’s commercialization strategy.
Demand for the batteries necessary for clean energy technologies is expected to skyrocket in the coming decades, and analysts are already questioning if supply will be able to keep up. The problem is exacerbated by supply chain issues, with China controlling more than 50 percent of total market share in the processing of nearly all battery minerals, except nickel and copper.
Miners and battery manufacturers are setting ambitious goals to keep up with demand, but there’s another option many overlook: recycling and upcycling. Analysts project lithium-ion battery capacity could reach 5,500 gigawatt-hours by 2030, up five-fold from 2021. Every watt-hour will eventually need recycling, whether right away or at the end of its life. Battery recycling is included in the US government’s National Blueprint for Lithium Batteries, as it strengthens the entire domestic supply chain. Innovative recycling technologies are emerging to feed end-of-life batteries and production waste back into the manufacturing process, creating new opportunities for investors to capitalize on the electrification revolution.
RecycLiCo Battery Materials (TSXV:AMY) is a critical metals company focusing on upcycling and recycling lithium-ion battery waste and end-of-life batteries into high-value, battery precursor cathode active materials (pCAM) and lithium chemicals. The company has invented a closed-loop RecycLiCo™ Patented Process to extract materials for direct integration into the re-manufacturing of new lithium-ion battery materials. RecycLiCo currently holds 10 granted patents, including two recently granted patents from Australia and Japan.
RecycLiCo’s pilot plant has already tested samples of black mass (shredded end-of-life batteries) and battery production scrap from multiple third parties and has proven the production of high-purity lithium and pCAM. The upcycled product was tested in new battery cells, which achieved equivalent performance characteristics of commercial materials from mined sources.
The lithium carbonate regenerated from recycled battery waste using RecycLiCo's patented process has successfully been qualified by C4V's Phase 1 Supply Chain Qualification program through testing in battery cells. New York-based C4V is a lithium-ion battery technology company that creates next-generation storage materials with expertise in Gigafactory solutions. Through C4V's testing, RecycLiCo's lithium carbonate has been converted to cathode material and assembled into battery cells. The battery cell tests demonstrated good capacity and stability throughout cycle testing. These tests meet C4V's rigorous benchmarks and affirms that the quality of RecycLiCo's recycled lithium rivals that of mined lithium, positioning RecycLiCo at the forefront of sustainable battery material production.