RecycLiCo Secures Additional Patent in India for Key Battery Recycling Processes Including Graphite Separation
April 25 2024 - 6:00AM
RecycLiCo Battery Materials Inc. (“
RecycLiCo” or
the “
Company”), TSX.V: AMY, OTCQB: AMYZF, FSE:
ID4, a global leader in sustainable lithium-ion battery recycling
technology, is pleased to announce that the Indian Patent Office
has issued patent No. 478749 for RecycLiCo’s “Processing of
cobaltous sulphate/dithionate liquors derived from cobalt
resource”.
The Indian patent follows the form of existing
patents previously granted for the same invention in other
jurisdictions. The patent incorporates 18 claims, including
separation of cobalt compounds from cathode materials containing
carbon and graphite.
The Indian patent brings RecycLiCo’s global
patent portfolio to fifteen (15). The Company has five (5)
additional patent applications relating to lithium-ion battery
recycling processes filed globally.
“We are pleased to extend our patent portfolio
to include another important emerging market,” said RecycLiCo
Chairman Paul Hildebrand.
About RecycLiCo
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 99% extraction of lithium,
cobalt, nickel, and manganese, the patented, closed-loop
hydrometallurgical process turns lithium-ion battery waste into
battery-grade cathode precursor, lithium hydroxide, and lithium
carbonate for direct integration into the re-manufacturing of new
lithium-ion batteries.
For more information, please contact:Teresa
PiorunSenior Corporate SecretaryTelephone: 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.
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