01:54:11 EDT Thu 02 May 2024
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Recyclico Battery Materials Inc
Symbol AMY
Shares Issued 262,994,127
Close 2023-12-01 C$ 0.265
Market Cap C$ 69,693,444
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Recyclico, Nanoramic talk Li battery recycling results

2023-12-04 09:38 ET - News Release

Ms. Teresa Piorun reports

RECYCLICO AND NANORAMIC ANNOUNCE KEY ADVANCEMENTS IN SUSTAINABLE LITHIUM-ION BATTERY RECYCLING COLLABORATION

Following the recent announcement of strategic collaboration, with the goal of optimizing the complete life cycle of lithium-ion batteries, Recyclico Battery Materials Inc. and Nanoramic Laboratories have disclosed successful results from their lithium-ion battery cathode recycling collaboration.

Recyclico's laboratory test results have demonstrated that its recycling process can efficiently treat Nanoramic's innovative NMP-free (N-methyl-2-pyrrolidone) and PVDF-free (polyvinylidene difluoride) electrodes without concern. Notably, Nanoramic's electrodes can be recycled with fewer processing steps compared with conventional PVDF-based electrodes, resulting in energy and resource savings.

A key finding from the collaboration is the ability to separate the cathode active material from the aluminum foil more quickly and without chemical additives in the separation stage of the process. This method not only improves environmental friendliness, but it enhances Recyclico's core recycling technology in downstream stages.

Recyclico's process has already demonstrated that it can achieve 99-per-cent leach extraction of lithium, nickel, manganese and cobalt from cathode active material. However, the absence of fluorine in the binder in Nanoramic's electrodes simplifies downstream processing. By eliminating fluorine, additional steps to remove this compound are no longer necessary, streamlining the recycling process and further minimizing environmental impact.

Nanoramic's NMP-free and PVDF-free electrodes align seamlessly with global trends in moving away from per- and polyfluoroalkyl substances (PFAS) in lithium-ion batteries, showcasing that both companies are ahead of the curve.

As industries worldwide brace for stricter environmental regulations, the advancements made by Recyclico and Nanoramic enable the lithium-ion battery sector to not only meet these emerging standards but to potentially offer economic advantages by enhancing supply chain efficiency. The recent developments further underscore the commitment of both organizations to a cleaner, greener future for battery technology and manufacturing.

About Recyclico Battery Materials Inc.

Recyclico Battery Materials is a battery materials company specializing in sustainable lithium-ion battery recycling and materials production. Recyclico has developed advanced technologies that efficiently recover battery-grade materials from lithium-ion batteries, addressing the global demand for environmentally friendly solutions in energy storage. With minimal processing steps and up to 99-per-cent extraction of lithium, cobalt, nickel and manganese, the patented, closed-loop hydrometallurgical process turns lithium-ion battery waste into battery-grade cathode precursor, lithium hydroxide and lithium carbonate for direct integration into the remanufacturing of new lithium-ion batteries.

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