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Full Circle Lithium Corp. (FCLIF) is a USA-based company focused on lithium products manufacturing and reintegration. With a fully permitted lithium carbonate processing plant in Georgia, FCL is a leading processor of lithium compounds. The company specializes in battery recycling from off-spec and end-of-life lithium-ion batteries, mid-stream recycling, and lithium refinery operations. FCL has developed an innovative and patented Fire Suppressant Solution (FSS) to address lithium-based fires, showcasing its commitment to safety and innovation.Full Circle Lithium Corp. (FCL) has filed a Patent Cooperation Treaty (PCT) and U.S. patent application for its FCL-X™ lithium-ion battery fire suppression agent. This move aims to protect the commercialization of FCL-X™ in the USA and other major global markets, which could secure up to 20 years of patent protection if granted. CEO Carlos Vicens highlights the significant interest from a major EV manufacturer and the extensive market potential. COO Thomas Currin notes the impressive performance of FCL-X™ in tests, emphasizing its potential to enhance safety in various applications. Concurrently, FCL is seeking up to C$1,000,000 through a private placement to support commercialization efforts and corporate purposes.
Full Circle Lithium (FCL) has achieved a major commercial milestone by securing its first sales of the FCL-X® fire-extinguishing agent to a global electric vehicle (EV) manufacturer. This sale follows extensive testing, including trials at the EV OEM's Georgia plant and independent safety labs. The FCL-X® agent, specifically designed for lithium-ion battery fires, demonstrated impressive efficiency and reduced hazardous smoke during testing.
FCL plans to target additional EV manufacturers, over 27,000 fire and rescue departments in the USA, and other commercial and industrial sectors. The company's strategic location in Georgia positions it well for growth in the electric mobility industry. CEO Carlos Vicens emphasizes the importance of addressing lithium-ion fire risks in the rapidly growing lithium battery industry. Further product demonstrations with potential customers are planned.
Full Circle Lithium (FCL) has successfully tested its rebranded lithium-ion battery fire-extinguishing agent, FCL-X®, with a global EV OEM and the Georgia Ports Authority. The tests, conducted at Georgia's meta plant and monitored by local fire departments, demonstrated FCL-X®'s effectiveness in quickly extinguishing lithium-ion battery fires, reducing toxic smoke, and requiring minimal clean-up. Independent laboratory tests confirmed FCL-X® outperformed other agents in speed and efficiency. FCL is now poised to commercialize FCL-X® in North America, targeting sectors such as automotive, residential, and energy storage. CEO Carlos Vicens highlighted the significant market opportunity, especially in Georgia, where numerous EV-related projects are underway.
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