The Australian and Japanese Patent Offices have issued patents for RecycLiCo’s (TSXV:AMY) lithium-ion battery recycling process.
These two patents bring RecycLiCo’s portfolio to 10 granted patents and an additional six applications for battery recycling around the globe. This is RecycLiCo’s second patent granted in both regions.
These patents provide legal protection for the battery materials company’s intellectual property. This emphasis on intellectual property and technological know-how can help give a competitive advantage, fostering sustained growth, and allows the team to stay at the forefront of our industry as we commercialize our process.
Some of the enhanced developments to the company’s RecycLiCo process these patents provide include:
- Separation of graphite and carbon from ground battery concentrates: Ground battery concentrates, or black mass as it is known in the industry, is a waste product generated through the mechanical shredding of end-of-life batteries
- Treatment of fluoride originating from electrolyte solution: The electrolyte is a highly toxic and hazardous lithium-ion battery material found in some black mass materials
- Separation of aluminum from cathode active material: It is estimated by Benchmark Minerals that by 2025, 78 per cent recyclable material feedstock will come from production scrap generated from the manufacturing of lithium-ion batteries
RecycLiCo Battery Materials Inc. specializes 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.
RecycLiCo Battery Materials Inc. last traded at $0.33 per share.
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