RecycLiCo’s U.S. Subsidiary and Alaska Energy Metals Corporation Enter Memorandum of Understanding to Advance Goal of Creating Domestic Critical Metal Supply Chain

Core Viewpoint - RecycLiCo Battery Materials Inc. and Alaska Energy Metals Corp. have signed a Memorandum of Understanding to explore the use of RecycLiCo's hydrometallurgical processing technology for refining metal concentrates from AEMC's Nikolai deposit in Alaska, which contains several critical minerals [2][4]. Company Overview - RecycLiCo specializes in critical minerals refining and lithium-ion battery upcycling, utilizing advanced hydrometallurgical technologies to recover valuable materials from end-of-life batteries and manufacturing scrap [5]. - Alaska Energy Metals Corp. focuses on sustainably delivering critical materials for national security and energy needs, with its flagship Nikolai project located in Alaska, which is well-positioned to become a significant domestic source of strategic metals [6][8]. Partnership Details - The partnership will begin with AEMC supplying metal concentrate samples and related data to RecycLiCo's U.S. subsidiary, RUMR, for testing the recovery of nickel and other metals [3]. - If successful, the collaboration aims to develop a co-located hydrometallurgical processing facility at the Nikolai project site, enhancing domestic processing capabilities for critical minerals [3][4]. Strategic Importance - This collaboration aligns with U.S. national objectives to strengthen domestic critical mineral supply chains, particularly in light of geopolitical tensions and reliance on foreign entities for essential materials [4]. - The partnership is seen as a crucial step in addressing the supply chain gap in mid-stream processing of critical minerals in North America [4].