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RecycLiCo Battery Materials Inc V.AMY

Alternate Symbol(s):  AMYZF

RecycLiCo Battery Materials Inc. is a battery materials company specializing in sustainable lithium-ion battery recycling and materials production. Its segments include the research and development of recycling battery cathode waste in lithium-ion batteries and the acquisition, exploration and development of interests in mineral resource projects in British Columbia, Canada and Arizona, USA. It has developed advanced technologies that recover battery-grade materials from lithium-ion batteries, addressing the global demand for environmentally friendly solutions in energy storage. It recovers up to 99% of cathode metals from battery waste and upcycles them into high purity, battery-ready materials. Integrate a bespoke RecycLiCo Clean Spot plant and its patented closed loop, multi-tons per day, lithium-ion battery recycling and upcycling process-on-site-within a client’s battery factory or battery recycling operation. Its properties include Artillery Peak, Rocher Deboule and Lonnie.


TSXV:AMY - Post by User

Comment by Camaronion Jan 27, 2019 3:21pm
110 Views
Post# 29286894

RE:RE:Plant ready in May???

RE:RE:Plant ready in May???(on pg. ii)... (see below) and states pilot testing to be COMPLESTED by May 2019. Therefore, should be assemblesd and strated well before. I agree previous podcasts implied it would be assesmbled and running by now, delayed from December 2018 because of expense of starting up then stopping for holidays stated by Larry..

AMY has successfully raised approximately US$2.3 million for the Pilot Plant project, for which Kemetco Research Inc. has been contracted to develop and construct to replicate real world closed-circuit conditions in a continuous operation and simulate and de-risk commercial production. The Pilot Plant testing is planned to be completed by May 2019. Once Pilot Plant testing is complete. AMY will look to raise US$10 million to immediately construct a Commercial Plant with a processing capacity of 1,100 tonnes per year of pre-production cathode scrap. At the planned processing capacity, the Commercial Plant would have an estimated annual revenue of US$17.88 million and would pay back the initial capital investment of US$10 million in approximately 14 months.
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