The qualification program conducted by
Given the escalating demand for lithium and the limitations of mining to meet future needs, the Company anticipates a shift in the market. "As demand for lithium soars, it's becoming increasingly clear that mining alone cannot sustainably meet global needs. This test confirms that our recycled lithium is not just a viable alternative, but we believe it will soon be considered more valuable than mined lithium," stated
This paradigm shift underscores the importance of RecycLiCo's mission to innovate within the recycling space, ensuring a greener and more efficient battery supply chain for the future. This development is poised to attract new partnerships, drive industry change, and deliver tangible benefits.
Prior to the qualification of RecycLiCo’s lithium carbonate, C4V also qualified RecycLiCo’s NMC811 precursor cathode active material (“pCAM”) in cell production and performance evaluations. RecycLiCo’s lithium carbonate and pCAM will both undergo phase 2 testing, which will focus on producing pouch cells and commercial size prismatic cells.
“We are pleased to announce the successful qualification of lithium carbonate in Phase 1 process. As being the key component in battery value chain, this milestone underscores our unwavering commitment to driving sustainable solutions and the industry forward,” Commented Baasit Ali, Engineering Manager, Supply Chain of C4V.
Meseldzija emphasizes the broader vision: “Securing this validation drives us towards a future where our closed-loop process not only recycles but revolutionizes battery production, supporting a fully integrated, on-site battery lifecycle.”
About RecycLiCo
About C4V
C4V™ is a lithium-ion battery technology company possessing critical insight related to the optimum performance of lithium-ion batteries and Gigafactory designs. C4V’s discoveries have been fruitful in vastly extending battery life, safety and charge performance, however more important is the Gigafactory offering that allows emerging countries to establish their own robust manufacturing ecosystem. C4V works with industry-leading raw material suppliers and equipment supply chain to bring to market fully optimized batteries possessing key economic advantages providing the ultimate “best in class” performance for various applications and end-to-end solutions to produce them on a Gigawatt hour scale.
For more information, please contact:
Teresa Piorun
Senior Corporate Secretary
Telephone: 778-574-4444
Email: InvestorServices@RecycLiCo.com
Neither the
Source: RecycLiCo Battery Materials
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