RecycLiCo Batter Stock Price, News & Analysis

RecycLiCo Battery Materials has hired Dr. Maryam Rasouli as Principal Engineer, specializing in hydrometallurgy. Dr. Rasouli brings expertise in chemical and materials engineering, particularly in aqueous chemistry, lithium-ion battery cathode active material precursor (pCAM) synthesis, and net-zero and circular economy solutions. Her experience includes work with advanced recycling technologies for lithium and nickel-manganese-cobalt (NMC) from end-of-life batteries, and efficient extraction of various metals from secondary waste solids.

Richard Sadowsky, RecycLiCo's Interim CEO, expressed excitement about Dr. Rasouli joining the team, emphasizing her role in the commercial implementation of battery recycling and upcycling processes. Dr. Rasouli holds a Ph.D. in Materials Engineering from the University of British Columbia and previously worked as a process engineer at Hatch, designing hydrometallurgical processes for recycling lithium-ion batteries.

RecycLiCo Battery Materials Inc. (TSX.V: AMY | OTCQB: AMYZF| FSE: ID4) has engaged Hatch to provide consulting services for the Stage 2 battery recycling plant in Taiwan, operated by its joint venture with Zenith Chemical. Hatch will review the design plan prepared by Kemetco, the principal contractor. The plant will be an expandable modular facility with an initial capacity of 2,000 mt/year, constructed in Vancouver and transported to Taiwan. The advanced technology will process black mass and black powder into high-value products like battery-grade lithium chemicals and precursor cathode active material (pCAM). Construction is expected to start later this year, positioning the joint venture at the forefront of advanced battery recycling solutions.

RecycLiCo Battery Materials Inc. (TSX.V: AMY, OTCQB: AMYZF) has been granted a European Unitary Patent for its innovative lithium-ion battery recycling process. This marks the company's 16th patent globally, reinforcing its intellectual property portfolio in Europe, a key market for electrification and sustainable battery technologies.

The patent (Application No. 17870326.0) covers RecycLiCo's hydrometallurgical recycling solution, adding to existing patents in the United States, South Korea, Japan, China, India, Australia, and Canada. This recognition highlights RecycLiCo's leadership in sustainable battery recycling and aligns with Europe's environmental objectives.

RecycLiCo Battery Materials has announced that its joint venture with Zenith Chemical, named RecycLiCo Zenith Battery Materials Technology, has begun production and sales of black powder at its new Stage 1 shredding facility in Taiwan. The first shipment was made in late June, with future shipments planned. The joint venture will also begin constructing a Stage 2 recycling plant later this year to process black powder and black mass from end-of-life batteries. RecycLiCo will supervise the construction of a modular facility in Vancouver for transport to Taiwan, expected to be commissioned in 2025. This venture aims to produce high-value battery-grade lithium chemicals and precursor cathode active material (pCAM), positioning RecycLiCo at the forefront of sustainable energy solutions.