Core Insights - RecycLiCo Battery Materials Inc. has acquired a new 10,047-square-foot building in Delta, British Columbia, to serve as its corporate headquarters and operational hub, which will include executive offices, a lithium-ion battery recycling demonstration plant, and an in-house analytical laboratory [1][2] - The acquisition is a strategic move to enhance the company's capacity for lithium, cobalt, nickel, and manganese supply chains, positioning RecycLiCo as a commercial participant in the critical minerals sector [2] - The purchase price for the building was $5,875,000, with $4,406,250 financed by the seller at a 5% annual interest rate, secured by a three-year mortgage [2] Operational Developments - The relocation and commissioning of RecycLiCo's demonstration plant will occur alongside the construction of the new laboratory, aiming to minimize downtime and expedite customer qualification and commercial deployment [3] - The reassembled plant is expected to begin commissioning in early 2026, with operational readiness targeted for Spring 2026, contingent on construction progress and regulatory approvals [3] Company Overview - RecycLiCo specializes in critical minerals refining, utilizing advanced hydrometallurgical technologies to process mined ore and upcycle lithium-ion battery materials, efficiently recovering essential minerals from end-of-life batteries and manufacturing scrap [4] - The company's focus aligns with the increasing global demand for responsible supply chains and the movement towards strengthening domestic sourcing of critical materials [4]
RecycLiCo Secures Scalable Facility to Accelerate Commercialization of Critical Mineral and Metal Recovery
Globenewswireยท2025-09-03 10:00