RecycLiCo Batter Stock Price, News & Analysis

RecycLiCo Battery Materials (OTCQB: AMYZF) has appointed Mohammadali (Mo) Shahsavari as Materials Scientist and Process Engineer, strengthening its technical expertise. Shahsavari brings over 7 years of experience in materials characterization, electrochemistry, corrosion, and hydrometallurgy, holding a Master's degree from the University of British Columbia.

The strategic hire aligns with RecycLiCo's transition from a venture-stage battery recycler to a significant player in North America's critical minerals supply chain. Shahsavari will work at the company's new lab and demonstration plant in Delta, British Columbia, focusing on advancing hydrometallurgical technologies for battery recycling and critical minerals recovery.

RecycLiCo Battery Materials (OTCQB: AMYZF) has acquired a new 10,047-square-foot facility in Delta, British Columbia for $5.87 million, with $4.4 million financed through a seller-backed mortgage at 5% interest over three years.

The facility will serve as the company's headquarters and operational hub, housing executive offices, a lithium-ion battery recycling demonstration plant, and a new analytical laboratory. The strategic expansion aims to accelerate the company's commercialization of critical mineral recovery and refining capabilities.

The demonstration plant's reassembly and commissioning will run parallel with lab construction, with operational readiness targeted for Spring 2026. This expansion positions RecycLiCo to qualify for significant government funding opportunities, including Canada's Critical Minerals Infrastructure Fund and the U.S. Department of Energy's proposed $500 million investment in domestic battery manufacturing.

RecycLiCo Battery Materials (OTCQB: AMYZF) has joined forces with Lucid (NASDAQ: LCID) and other industry leaders to form the Minerals for National Automotive Competitiveness Collaboration (MINAC), aimed at strengthening the domestic supply chain for critical minerals in North American automotive manufacturing.

The partnership includes other founding members such as Alaska Energy Metals, Graphite One, and Electric Metals. MINAC will focus on advancing domestic mineral production through offtake agreements, accelerating commercialization, improving mining-automotive sector coordination, and supporting domestic material procurement.

RecycLiCo's contribution centers on its advanced hydrometallurgical process for recovering high-purity, battery-ready materials from domestic ore, manufacturing scrap, and end-of-life batteries. The initiative launch will be marked by a roundtable event in Washington, D.C., featuring state governors and congressional representatives.

RecycLiCo Battery Materials and Zenith Chemical have mutually agreed to terminate their Taiwan joint venture for a battery recycling facility. Under the agreement, RecycLiCo will sell its 3,000,000 common shares in the joint venture for USD $581,114.08. In return, Zenith will give back 4,000,000 RecycLiCo common shares and 6,000,000 share purchase warrants.

The decision comes as market conditions have significantly changed since the original 2022 feasibility study, citing shifts in battery material supply streams and increased capitalization costs. RecycLiCo retains ownership of its technology, while Zenith will assume full ownership of the joint venture and discontinue using the RecycLiCo name.

This strategic move allows RecycLiCo to strengthen its cash position, extending its financial runway to nearly a decade at current spending levels. The company plans to redirect resources toward enhancing scientific capabilities and exploring opportunities in core growth markets.

RecycLiCo Battery Materials (OTCQB: AMYZF) has announced its engagement with PRA Communications to spearhead its corporate communications and stakeholder engagement initiatives. This strategic partnership aims to support RecycLiCo's growth phase and commercialization efforts in the battery recycling sector.

The company's hydrometallurgical process demonstrates impressive capabilities, achieving up to 99% extraction of valuable materials including lithium, cobalt, nickel, and manganese from lithium-ion batteries. The technology transforms battery waste into battery-grade cathode precursor, lithium hydroxide, and lithium carbonate for direct reuse in new battery manufacturing.

PRA Communications, specializing in mining, clean technology, and sustainability communications, will lead RecycLiCo's investor and media communications strategy to enhance visibility and strengthen stakeholder relationships.

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.