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Full Circle Lithium Corp
Symbol FCLI
Shares Issued 98,405,186
Close 2026-04-08 C$ 0.425
Market Cap C$ 41,822,204
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Full Circle makes first sale of FCL-X

2026-04-08 16:36 ET - News Release

Mr. Carlos Vicens reports

FULL CIRCLE LITHIUM ANNOUNCES FIRST USA COMMERCIAL SALE OF FCL-X TO MAJOR WASTE MANAGEMENT OPERATOR TO COMBAT LITHIUM-ION BATTERY FIRES

Full Circle Lithium Corp. has made its first commercial sale of FCL-X, its ground-breaking lithium-ion-battery fire extinguishing agent, to a United States-based waste management operator for on-site deployment. This milestone marks a significant step forward in addressing a rapidly escalating crisis across North America: lithium-ion-battery (LIB) fires in landfills, recycling facilities and waste collection systems.

A growing and costly industry crisis

LIBs, embedded in everything from smart phones and e-bikes to vapes and power tools, are increasingly entering the waste stream, often undetected. When crushed or punctured during collection or processing, these batteries can ignite or explode, triggering fires that are uniquely hazardous and difficult to control.

Recent real-world incidents underscore the scale of the problem:

  • In Winnipeg, multiple landfill fires were linked to discarded lithium-ion batteries, with officials reporting a surge in incidents over just a few months (City of Winnipeg).
  • In Oregon, one landfill recorded 21 lithium battery fires in just three months, escalating from monthly to weekly occurrences.
  • In Edmonton, lithium-ion-battery fires caused $2.5-million in damage, with temperatures reaching up to 2,000 C and fires taking hours to extinguish (CityNews Edmonton).
  • In Maine, a landfill experienced six fires in six weeks, all attributed to improperly discarded batteries (town of Fort Fairfield).

Industry-wide, the scale is even more striking:

  • Over 5,000 fires occur annually at recycling facilities, many linked to lithium-ion batteries (Recycling Today).
  • More than 2,400-plus waste facility fires were estimated across the United States and Canada in 2022 alone.

Unlike conventional fires, LIB fires are driven by a phenomenon known as thermal runaway, a self-sustaining chemical reaction that produces intense heat, flammable and toxic gases, and a risk of reignition.

LIB fires:

  • Burn hotter and faster than typical combustible materials;
  • Can reignite hours or even days later;
  • Release toxic and hazardous gases;
  • Extremely difficult to suppress with water or traditional extinguishing methods.

Additionally, waste operators face a critical challenge: LIBs are nearly impossible to detect within mixed waste streams moving at industrial speeds, making prevention alone insufficient (Battery News).

Historically, landfill and waste management operators have relied on water, soil smothering or isolation techniques, none of which are optimized for LIB fires. This gap has created a pressing need for targeted, scalable solutions.

FCL-X is designed specifically to address these challenges, offering:

  • Rapid suppression of thermal runaway reactions;
  • Reduced reignition risk;
  • Safer handling for on-site personnel;
  • Compatibility with existing firefighting protocols.

Unlocking a multibillion-dollar market opportunity

As LIB adoption accelerates globally, driven by electrification, consumer electronics and energy storage, the downstream risks to waste infrastructure are expanding in parallel. With thousands of fires annually, rising regulatory pressure, and increasing insurance and infrastructure costs, the market for LIB fire mitigation solutions is poised for substantial growth.

Industry analysts and waste operators increasingly view LIB fire prevention and suppression as a critical infrastructure requirement, positioning FCL, with its state-of-the-art specialty extinguishing agent, at the forefront of a rapidly emerging multibillion-dollar global opportunity.

"This first sale into the waste management industry of FCL-X represents another pivotal moment for the company," said Carlos Vicens, chief executive officer. "Waste operators are facing a growing and costly threat with no effective solution, until now. FCL-X is purpose-built for this challenge and is quickly becoming the new standard in lithium-ion-battery fire response."

About Full Circle Lithium Corp.

Full Circle is a U.S.-based lithium product manufacturer focused on sustainable solutions for the lithium and battery safety sector. Its flagship product innovation, FCL-X, is a proprietary, non-hazardous, water-based fire-extinguishing agent designed specifically to combat the growing threat of lithium-ion-battery fires. Backed by a world-class technical team, Full Circle is committed to delivering safe, effective and environmentally responsible fire mitigation technologies.

We seek Safe Harbor.

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