RecycLiCo Battery Materials (TSX-V:AMY, OTCQB:AMYZF) said it has received validation of its battery recycling process and battery-ready precursor cathode active material (pCAM) from a battery materials company it has been collaborating with since 2022.
RecycLiCo noted that the battery company assembled lithium-ion battery cells using its high-nickel pCAM and conducted characterization and electrochemical tests. It submitted two samples of high-nickel pCAM, to the battery company, with N83 and N90 compositions (nickel-manganese-cobalt oxide containing 83% nickel and 90% nickel), both of which are used in modern high-performance battery cells.
The tests performed confirmed that RecycLiCo’s pCAM materials, produced from waste lithium-ion battery material, achieved equivalent quality and performance characteristics as commercial pCAM. More specifically, battery cells equipped with RecycLiCo’s pCAM achieved a capacity greater than 210 mAh/g over multiple charge and discharge cycles while maintaining a columbic efficiency of over 99.7%, the company added.
“I’m pleased with the latest industry validation by a battery materials company, further confirming that our pCAM can be made into battery cells and that RecycLiCo could enable a circular solution,” RecycLiCo CEO and director Zarko Meseldzija said in a statement.
RecycLiCo said it has been working with the battery company to demonstrate the advanced capabilities of its process and the advantages of circular materials within the supply chain. Ideally, integrated strategic partnerships could help leverage a battery company’s existing infrastructure and expertise in the industry while increasing the adoption of the upcycled materials, it said.
“Establishing an integrated channel between battery companies and RecycLiCo could ensure efficient and circular delivery of battery materials while driving innovation and sustainability in the battery industry,” Meseldzija added.
RecycLiCo is a battery materials company focused on recycling and upcycling lithium-ion battery waste. With minimal processing steps and up to 99% extraction of lithium, cobalt, nickel, and manganese, the patented, closed-loop hydrometallurgical process creates valuable lithium-ion battery materials for direct integration into the re-manufacturing of new lithium-ion batteries.
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