RecycLiCo Engages Hatch to Consult on Plant Construction for Taiwan Battery Recycling Joint Venture
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 | FSE: ID4) ha affidato a Hatch la fornitura di servizi di consulenza per il stadio 2 dello stabilimento di riciclaggio delle batterie a Taiwan, gestito dalla sua joint venture con Zenith Chemical. Hatch esaminerà il piano di progetto preparato da Kemetco, il contraente principale. Lo stabilimento sarà una struttura modulare espandibile con una capacità iniziale di 2.000 mt/anno, costruita a Vancouver e trasportata a Taiwan. La tecnologia avanzata consentirà di trasformare la massa nera e la polvere nera in prodotti ad alto valore come chimici di litio di grado batterie e materiale attivo del catodo precursore (pCAM). Si prevede che la costruzione inizi entro la fine dell'anno, posizionando la joint venture in prima linea nelle soluzioni avanzate di riciclaggio delle batterie.
RecycLiCo Battery Materials Inc. (TSX.V: AMY | OTCQB: AMYZF | FSE: ID4) ha contratado a Hatch para proporcionar servicios de consultoría para la planta de reciclaje de baterías de Etapa 2 en Taiwán, operada por su empresa conjunta con Zenith Chemical. Hatch revisará el plan de diseño preparado por Kemetco, el contratista principal. La planta será una instalación modular expandible con una capacidad inicial de 2.000 mt/año, construida en Vancouver y transportada a Taiwán. La tecnología avanzada procesará masa negra y polvo negro en productos de alto valor como químicos de litio de grado batería y material activo de cátodo precursor (pCAM). Se espera que la construcción comience a finales de este año, posicionando a la empresa conjunta a la vanguardia de las soluciones avanzadas de reciclaje de baterías.
RecycLiCo 배터리 소재 주식회사 (TSX.V: AMY | OTCQB: AMYZF | FSE: ID4)가 해치를 고용하여 대만의 2단계 배터리 재활용 공장2,000 mt/년의 모듈식 확대 가능 시설로, 밴쿠버에서 건설되어 대만으로 운송됩니다. 첨단 기술을 통해 블랙 매스와 블랙 파우더를 배터리 등급 리튬 화학물질 및 전극 활성 물질(pCAM)과 같은 고부가가치 제품으로 가공할 것입니다. 올해 말에 건설이 시작될 것으로 예상되며, 합작 투자를 배터리 재활용 솔루션의 최전선에 위치시킬 것입니다.
RecycLiCo Battery Materials Inc. (TSX.V: AMY | OTCQB: AMYZF | FSE: ID4) a engagé Hatch pour fournir des services de conseil pour la plante de recyclage des batteries de phase 2 à Taïwan, exploitée par son coentreprise avec Zenith Chemical. Hatch examinera le plan de conception préparé par Kemetco, le principal entrepreneur. L'usine sera une installation modulaire extensible avec une capacité initiale de 2 000 mt/an, construite à Vancouver et transportée à Taïwan. La technologie avancée traitera la masse noire et la poudre noire en produits de haute valeur tels que des produits chimiques au lithium de qualité batterie et du matériel actif de cathode précurseur (pCAM). La construction devrait commencer plus tard cette année, plaçant la coentreprise à l'avant-garde des solutions avancées de recyclage des batteries.
RecycLiCo Battery Materials Inc. (TSX.V: AMY | OTCQB: AMYZF | FSE: ID4) hat Hatch beauftragt, Beratungsdienste für die Stufe 2 der Batterierecyclinganlage in Taiwan bereitzustellen, die von ihrem Joint Venture mit Zenith Chemical betrieben wird. Hatch wird den von Kemetco, dem Hauptunternehmer, erstellten Entwurfsplan überprüfen. Die Anlage wird eine erweiterbare modulare Einrichtung mit einer anfänglichen Kapazität von 2.000 mt/Jahr sein, die in Vancouver gebaut und nach Taiwan transportiert wird. Die fortschrittliche Technologie wird schwarze Masse und schwarzen Pulver in hochwertige Produkte wie Batteriegrad-Lithiumchemikalien und präkursoraktives Kathodenmaterial (pCAM) umwandeln. Der Bau soll noch in diesem Jahr beginnen, wodurch das Joint Venture an der Spitze fortschrittlicher Lösungen für das Batterierecycling positioniert wird.
- Engagement of Hatch for consulting services on the Stage 2 battery recycling plant
- Expandable modular facility design with initial capacity of 2,000 mt/year
- Advanced technology capable of processing black mass and black powder into high-value products
- Positioning as a contributor to global sustainable energy efforts
- None.
SURREY, British Columbia, Aug. 01, 2024 (GLOBE NEWSWIRE) -- RecycLiCo Battery Materials Inc. (“RecycLiCo” or the “Company”), (TSX.V: AMY | OTCQB: AMYZF| FSE: ID4) a pioneer in the field of sustainable lithium-ion battery recycling technology, is pleased to announce that it has engaged Hatch Ltd to provide consulting services in connection with the Stage 2 battery recycling plant to be operated in Taiwan by RecycLiCo Zenith Battery Materials Technology Co., the Company’s joint venture with Zenith Chemical.
Hatch will assist the Company in its review of the design plan for the plant prepared by Kemetco, the joint venture’s principal contractor and RecycLiCo’s long-time collaborator. As previously announced, RecycLiCo will be supervising construction in Vancouver of an expandable modular facility (initially 2,000 mt/year), which will be transported to, and commissioned in, Taiwan. The design plan, once approved, will be the basis for a formal construction agreement between the joint venture and Kemetco. Construction is expected to commence later this year.
Richard Sadowsky, Interim Chief Executive Officer of the Company, said, “We are excited to have Hatch on board with us for this project. Their years of engineering and business experience will be of great value to us as we continue to move past the venture stage and provide the industry with a commercially viable and effective recycling solution.”
The advanced battery recycling technology employed by the joint venture will be capable of processing black mass and black powder into high-value products, such as battery-grade lithium chemicals and precursor cathode active material (pCAM), positioning the joint venture at the forefront of advanced battery recycling solutions and as a contributor to the global efforts to develop sustainable energy sources.
RecycLiCo Battery Materials Inc. is a battery materials company specializing 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. With minimal processing steps and up to
Our global network of 10,000 professionals work on the world’s toughest challenges, with experience spanning over 150 countries around the world in the metals, energy, and infrastructure sectors. Hatch is employee-owned and independent. Our exceptional, diverse teams combine vast engineering and business knowledge, working in partnership with our clients to develop market strategies, manage and optimize production, develop new game-changing technologies, and design and deliver complex capital projects.
Zenith Chemical Corporation, a Taiwanese company, specializes in the production of nickel-based chemicals, including high-purity nickel sulfate for lithium-ion batteries. With a strong focus on serving the lithium-ion battery industry, Zenith’s products have gained recognition and qualification from major cathode producers worldwide. The company also has a shareholding partnership with Hanwa Co., Ltd, a large publicly traded Japanese distribution company known for its expertise in lithium-ion battery-related materials. Additionally, Zenith collaborates, through a joint venture, with Central Glass Co., Ltd., a leading Japanese publicly traded company specializing in fluorine-based chemicals and cater to the semiconductor and lithium-ion battery markets.
For more information, please contact:
Teresa Piorun
Senior Corporate Secretary
Telephone: 778-574-4444
Email: InvestorServices@RecycLiCo.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain "forward-looking statements", which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward–looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.
FAQ
What is the initial capacity of RecycLiCo's Stage 2 battery recycling plant in Taiwan?
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