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RecycLiCo Battery Materials Inc. (AMY | AMYZF| ID4) has received investment approval from the Taiwan Department of Investment Review for its joint venture with Zenith Chemical Corporation, solidifying a significant partnership in the Company’s expansion within the Asian market. The initial capital injection of NTD 24,000,000 lays the foundation for the project, with subsequent investments to be determined by the joint venture company as needed. The joint venture has initiated its project planning, with Zenith Chemical leading the site preparation work in Taiwan and RecycLiCo concurrently preparing a 2,000 mt/year modular plant in Vancouver. The advanced battery recycling technology employed by the joint venture will be capable of processing black mass into high-value products, positioning the joint venture at the forefront of advanced battery recycling solutions. The project is expected to contribute to the Company’s global expansion in sustainable recycling solutions, with flexible scalability to efficiently expand its capacity in response to the growing Asian battery recycling market.
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End-of-Day
15.7%
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RecycLiCo Battery Materials Inc. (TSX.V: AMY; OTCQB: AMYZF; FSE: ID4) announces successful qualification of recycled lithium carbonate in C4V's Phase 1 Supply Chain Qualification program. The recycled lithium demonstrates good capacity and stability in battery cell testing, positioning RecycLiCo as a pioneer in sustainable battery material production. The company anticipates a paradigm shift in the market, with recycled lithium potentially becoming more valuable than mined lithium due to increasing global demand and sustainability concerns.
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End-of-Day
17.28%
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RecycLiCo Battery Materials Inc. reports the results of its 2023 Annual General and Special Meeting. Shareholders approved the reappointment of auditors, adoption of the Omnibus Equity Incentive Plan, and Change of Business to be listed as a Technology Issuer on the TSX Venture Exchange. The motion to increase the board of directors was not approved. Edward Skoda stepped down, and Richard Sadowsky was appointed to the board.
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3.16%
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RecycLiCo Battery Materials Inc. announces new patents and upcoming shareholder meeting
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0.83%
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RecycLiCo Battery Materials provides update on joint venture in Taiwan with Zenith Chemical Corporation
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5.73%
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RecycLiCo engages Oak Hill Financial to enhance investor relations and capital markets advisory services
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-1.52%
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RecycLiCo Battery Materials Inc. announces its involvement in the Fully Charged LIVE Canada Show, offering a platform to highlight its lithium-ion battery recycling and upcycling process. CEO Zarko Meseldzija will be a panelist in the discussion 'Batteries - are they ethical, sustainable & recyclable?'
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Rhea-AI Sentiment
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3.46%
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RecycLiCo Battery Materials Inc. (TSX.V: AMY; OTC-US: AMYZF; FSE: ID4) and Nanoramic Laboratories announce a strategic collaboration to optimize the complete life cycle of lithium-ion batteries. The partnership aims to establish an efficient, sustainable battery supply chain by testing Nanoramic's discarded Neocarbonix® lithium-ion battery cathode electrodes with RecycLiCo’s proprietary recycling process, which has proven up to 99% extraction of valuable materials. This collaboration also addresses potential bans on harmful substances in lithium-ion batteries and aims to return the recycled product back to Nanoramic for further analysis and cell production.
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-2.14%
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RecycLiCo Battery Materials Inc. and Zenith Chemical Corporation have received acceptance from the TSX Venture Exchange for their joint venture agreement. The agreement involves the construction of a lithium-ion battery recycling plant in Taiwan, with an estimated cost of US$25 million. RecycLiCo's proprietary process will be used to convert battery waste into lithium-ion battery cathode precursor and other related products. Zenith will hold a 50% interest in the joint venture by contributing half of the capital required, while RecycLiCo will hold a 50% interest by contributing 40% of the capital and granting a technology license. RecycLiCo will receive a royalty on net product sales for the first eight years, and Zenith will receive 4,000,000 RecycLiCo shares and 6,000,000 share purchase warrants. The warrants will have a five-year term and an exercise price of $0.35 per share.
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-0.57%
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RecycLiCo Battery Materials Inc. has entered a joint venture with Zenith Chemical Corporation to build a lithium-ion battery recycling plant in Taiwan. The plant will cost $25 million and have a capacity of 2,000 metric tons per year. The joint venture will leverage RecycLiCo's recycling process and Zenith's resources.
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Rhea-AI Sentiment
End-of-Day
45.61%
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RECYCLICO BATTERY MATLS
OTC:AMYZF
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