Ms. Teresa Piorun reports

RECYCLICO BATTERY MATERIALS SECURES KEY EUROPEAN PATENT FOR LITHIUM-ION BATTERY RECYCLING

The European Patent Office (EPO) has issued an official communication indicating its intention to grant Recyclico Battery Materials Inc.'s first of two patent applications (patent application No. 17870326.0) for its innovative lithium-ion battery recycling process. This milestone marks a significant step forward in the company's efforts to strengthen its intellectual property portfolio across key global markets.

With the EPO's positive stance, the company will be strategically reviewing Europe's planned and operational gigafactories, as tracked by CIC energiGUNE, in consideration of which countries to select for validation. This selection reflects the company's commitment to establishing a strong presence in significant European markets, where there is a growing emphasis on electrification and sustainable battery technologies.

With patents already issued in the United States, South Korea, Japan, China, India, Australia and Canada, the anticipated European patent will be the 14th issued patent for Recyclico internationally. This achievement underscores the company's dedication to innovation and its leading role in the sustainable battery recycling sector.

The recognition of Recyclico's novel technology in Europe is particularly noteworthy given the continent's aggressive push toward electrification, and substantial investments in battery materials, battery production, electric vehicles and battery recycling. The company's sustainable lithium-ion battery recycling process aligns seamlessly with Europe's ambitious environmental goals and its push toward a greener, more sustainable future.

As Recyclico collaborates with its patent attorney to finalize the process and fulfill the necessary fee requirements, the company continues to strategically position itself at the forefront of multiple markets. This latest development is a testament to the novelty of Recyclico's lithium-ion battery recycling process.

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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