RecycLiCo Batter - AMYZF STOCK NEWS

RecycLiCo Battery Materials (AMYZF) has engaged Fusion Projects, an industrial workplace project manager, to assist in evaluating potential locations in Vancouver for a new laboratory and demonstration plant. The project involves assessing existing infrastructure and providing recommendations for electrical and mechanical systems needed for laboratory facilities and plant operations.

This initiative is part of RecycLiCo's broader strategy to enhance its technological capabilities and increase opportunities for grants and cooperative funding. The company is also expanding its team by hiring additional scientific and engineering staff to protect and further develop its lithium-ion battery recycling technology.

RecycLiCo Battery Materials (TSX.V: AMY | OTCQB: AMYZF) has engaged Penney Capital and Carmot Strategic Group to assist in identifying and qualifying for government funding opportunities. The funding would support the company's critical mineral recovery activities in the U.S. and Canada, including research to enhance its current intellectual property and the continued exploitation of its upcycling technology.

Both advisory companies have a successful track record in securing federal grants for critical minerals development, from mining and processing to advanced materials manufacturing. They also have experience in developing innovative financial instruments for U.S. supply chain integration.

According to Interim CEO Richard Sadowsky, the company aims to explore new ways to leverage its recovery expertise while maintaining high-quality battery material upcycling services, with a focus on establishing relationships with government agencies to accelerate R&D and deployment.

RecycLiCo Battery Materials (TSX.V: AMY | OTCQB: AMYZF | FSE: ID4) announced on January 13, 2025, that Interim CEO Richard Sadowsky has published a letter to shareholders. The letter, which discusses the company's current activities and future goals, is available on the company's official website.

RecycLiCo Battery Materials (TSX.V: AMY | OTCQB: AMYZF) held its 2024 Annual General Meeting of Shareholders on December 12, 2024. The company announced the election of five directors: Richard Sadowsky, Paul Hildebrand, Andris Kikauka, Rod Langtry, and Kurt Lageschulte. Additionally, De Visser Gray LLP was re-appointed as the company's auditor.

RecycLiCo specializes in sustainable lithium-ion battery recycling and materials production, utilizing patented hydrometallurgical processes that achieve up to 99% extraction of lithium, cobalt, nickel, and manganese. Their technology produces battery-grade cathode precursor, lithium hydroxide, and lithium carbonate for direct use in new lithium-ion battery manufacturing.

RecycLiCo Battery Materials (TSX.V: AMY, OTCQB: AMYZF) announces its annual general meeting scheduled for December 12, 2024, at 1:00 p.m. in Richmond, BC. The meeting will be held at the Executive Hotel Vancouver Airport and will also be accessible via Zoom with pre-registration required. Proxy materials have been mailed to shareholders and are available on the company's website and SEDAR+. The company has received and rejected an advance notice from a shareholder for director nominations, citing non-compliance with the Company's Advance Notice Policy and applicable laws.

RecycLiCo Battery Materials has hired Dr. Maryam Rasouli as Principal Engineer, specializing in hydrometallurgy. Dr. Rasouli brings expertise in chemical and materials engineering, particularly in aqueous chemistry, lithium-ion battery cathode active material precursor (pCAM) synthesis, and net-zero and circular economy solutions. Her experience includes work with advanced recycling technologies for lithium and nickel-manganese-cobalt (NMC) from end-of-life batteries, and efficient extraction of various metals from secondary waste solids.

Richard Sadowsky, RecycLiCo's Interim CEO, expressed excitement about Dr. Rasouli joining the team, emphasizing her role in the commercial implementation of battery recycling and upcycling processes. Dr. Rasouli holds a Ph.D. in Materials Engineering from the University of British Columbia and previously worked as a process engineer at Hatch, designing hydrometallurgical processes for recycling lithium-ion batteries.

RecycLiCo Battery Materials Inc. (TSX.V: AMY | OTCQB: AMYZF| FSE: ID4) has engaged Hatch to provide consulting services for the Stage 2 battery recycling plant in Taiwan, operated by its joint venture with Zenith Chemical. Hatch will review the design plan prepared by Kemetco, the principal contractor. The plant will be an expandable modular facility with an initial capacity of 2,000 mt/year, constructed in Vancouver and transported to Taiwan. The advanced technology will process black mass and black powder into high-value products like battery-grade lithium chemicals and precursor cathode active material (pCAM). Construction is expected to start later this year, positioning the joint venture at the forefront of advanced battery recycling solutions.

RecycLiCo Battery Materials Inc. (TSX.V: AMY, OTCQB: AMYZF) has been granted a European Unitary Patent for its innovative lithium-ion battery recycling process. This marks the company's 16th patent globally, reinforcing its intellectual property portfolio in Europe, a key market for electrification and sustainable battery technologies.

The patent (Application No. 17870326.0) covers RecycLiCo's hydrometallurgical recycling solution, adding to existing patents in the United States, South Korea, Japan, China, India, Australia, and Canada. This recognition highlights RecycLiCo's leadership in sustainable battery recycling and aligns with Europe's environmental objectives.

RecycLiCo Battery Materials has announced that its joint venture with Zenith Chemical, named RecycLiCo Zenith Battery Materials Technology, has begun production and sales of black powder at its new Stage 1 shredding facility in Taiwan. The first shipment was made in late June, with future shipments planned. The joint venture will also begin constructing a Stage 2 recycling plant later this year to process black powder and black mass from end-of-life batteries. RecycLiCo will supervise the construction of a modular facility in Vancouver for transport to Taiwan, expected to be commissioned in 2025. This venture aims to produce high-value battery-grade lithium chemicals and precursor cathode active material (pCAM), positioning RecycLiCo at the forefront of sustainable energy solutions.