RecycLiCo Batter Stock Price, News & Analysis

RecycLiCo Battery Materials Inc. announced validation of its battery recycling process and precursor cathode active material (pCAM) by a battery materials company on April 12, 2023. Tests confirmed that RecycLiCo’s high-nickel pCAM, containing 83% and 90% nickel compositions, achieves equivalent quality and performance to commercial alternatives. Key metrics included a specific capacity of over 210 mAh/g and a columbic efficiency exceeding 99.7%. The collaboration, ongoing since early 2022, highlights the advantages of circular materials in the supply chain. CEO Zarko Meseldzija expressed optimism about creating integrated channels between battery companies and RecycLiCo to drive sustainability. This validation could enhance the adoption of upcycled materials in the battery industry, supporting innovative recycling solutions.

RecycLiCo Battery Materials Inc. has announced a significant operational update regarding its hydrometallurgical demonstration plant in Vancouver. The company successfully produced bulk quantities of battery-grade lithium carbonate from cathode scrap, attracting global industry attention for its sustainable recycling solutions. The Demo Plant's operations will continue to optimize processes and produce cathode precursor and lithium hydroxide, essential for commercial opportunities. RecycLiCo emphasizes its commitment to a circular economy, with advancements in lithium-ion battery recycling critical for electric vehicle and energy storage sectors.

RecycLiCo Battery Materials Inc. has announced the delivery of samples of its battery-grade lithium carbonate and lithium hydroxide to top battery manufacturers in Japan and South Korea. These companies will conduct a technical review and explore potential partnerships. RecycLiCo's products are produced using a closed-loop process, ensuring high purity without conventional methods, positioning them as a sustainable alternative. Independent assessments indicate that these recycled lithium products significantly reduce energy and water usage while lowering greenhouse gas emissions compared to traditional methods. RecycLiCo aims to contribute to a low-carbon future.

RecycLiCo Battery Materials Inc. announced a major milestone in lithium-ion battery recycling, revealing that their recycled-upcycled precursor cathode material equals the performance of commercial materials. This pivotal achievement was validated by a Korean cathode manufacturer, confirming that RecycLiCo’s NMC811 precursor outperformed competing recycled materials. The closed-loop RecycLiCo process allows for efficient extraction of critical minerals. CEO Zarko Meseldzija highlighted the potential for partnerships, emphasizing economic and environmental benefits within the industry.

RecycLiCo Battery Materials Inc. has signed a Memorandum of Understanding (MOU) with Sonid Inc. to explore establishing a commercial lithium-ion battery recycling facility. This partnership aims to leverage both companies' strengths in the collection, pretreatment, and processing of end-of-life batteries. The initiative is expected to enhance sustainability in the lithium-ion battery supply chain, with potential commercial scale applications for RecycLiCo's innovative technologies. This collaboration highlights a significant step toward operational expansion and environmental responsibility in battery recycling.

RecycLiCo Battery Materials Inc., formerly American Manganese Inc., highlights significant technological and business advancements in 2022. The company successfully commissioned its Demonstration plant, exceeding processing capacity by 63% with over 99% lithium recovery rates from battery scrap. Notably, it secured patents in Australia, China, and Canada, and received funding for a feasibility study on fluoride removal. RecycLiCo has also signed MOUs for strategic partnerships and maintains approximately $20 million in cash, positioning itself for future growth in lithium-ion battery recycling.

RecycLiCo Battery Materials Inc. has reported significant progress at its hydrometallurgical demonstration plant in Vancouver, achieving a 163% increase in processing capacity and 99% leach extraction efficiency for lithium-ion battery waste. The company continues to advance its patented recycling technologies while preparing for the construction of a commercial-scale plant. Additionally, 2,700,000 stock options have been granted to directors and employees, reinforcing commitment to growth. CEO Zarko Meseldzija highlighted adaptability and potential partnerships in the evolving battery recycling market.