SURREY, British Columbia, Oct. 05, 2023 (GLOBE NEWSWIRE) -- 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 Australian Patent Office and Japanese Patent Office have issued patent No. 2020237451, and No. 7341598 for the RecycLiCo's lithium-ion battery recycling process. The two patents issued bring RecycLiCo's patent portfolio to ten granted patents and an additional six applications for battery recycling around the globe. This is RecycLiCo's second patent granted in both regions.
Securing patents for our innovative technology on a global scale is pivotal to fortifying our commercial business model and facilitating the widespread deployment of our RecycLiCo solution. These patents not only provide legal protection for our intellectual property but also create a formidable moat of knowledge and expertise in our field. This strategic emphasis on intellectual property and technological know-how ensures that we maintain a competitive advantage, fostering sustained growth and allowing us to stay at the forefront of our industry as we commercialize our process.
The granted patent encompasses the following enhanced developments to the Company's RecycLiCo™ process:
- Separation of graphite and carbon from ground battery concentrates - Ground battery concentrates, or black ...