Company Overview

RecycLiCo Battery Materials Inc. is a battery materials recycling and critical minerals processing company focused on recovering lithium, cobalt, nickel, manganese, and other valuable metals from end‑of‑life lithium‑ion batteries and battery manufacturing scrap. The company operates within the battery recycling, critical minerals, and energy transition materials industries, supporting supply chains for electric vehicles, energy storage systems, and consumer electronics. Its core value proposition is a proprietary hydrometallurgical recycling process designed to achieve high recovery rates while minimizing environmental impact compared with traditional pyrometallurgical methods.

The company’s primary revenue drivers are expected to come from technology licensing, toll processing, and potential commercial recycling operations, although as of the most recent public filings it remains in the pre‑revenue or early‑revenue development stage. RecycLiCo primarily targets battery manufacturers, automotive OEMs, and recycling partners seeking compliant, domestic sources of critical battery materials. Formerly known as American Manganese Inc., the company was founded in 1987 and initially focused on manganese resource development before pivoting between 2016 and 2019 toward lithium‑ion battery recycling, subsequently rebranding as RecycLiCo Battery Materials Inc. to reflect its strategic focus.

Business Operations

RecycLiCo’s operations center on the development and commercialization of its RecycLiCo™ hydrometallurgical recycling process, which is designed to recover up to approximately 99% of lithium, cobalt, nickel, and manganese from battery cathode materials under laboratory and pilot‑scale conditions. The company does not currently operate large‑scale commercial recycling facilities; instead, it advances its business model through pilot programs, process validation, and strategic collaborations with industry participants. Revenue generation to date has been limited and primarily related to testing, grants, or early‑stage agreements, according to public disclosures.

Operationally, the company conducts research, testing, and process optimization through internal technical teams and third‑party laboratories in North America. RecycLiCo controls its core intellectual property through patents and patent applications covering battery material extraction processes. The company has entered into various testing, evaluation, and collaboration agreements with battery manufacturers and recyclers; however, several announced partnerships remain non‑exclusive or exploratory in nature, and the long‑term commercial impact of these relationships remains uncertain based on available public sources.

Strategic Position & Investments

Strategically, RecycLiCo positions itself as a technology enabler rather than a capital‑intensive recycling operator, emphasizing licensing and joint‑venture models to scale its process. Its growth initiatives focus on advancing pilot‑scale validation to commercial readiness, expanding intellectual property protections, and aligning with government and industry efforts to localize battery supply chains in North America. The company has highlighted opportunities tied to electric vehicle adoption, battery manufacturing expansion, and regulatory pressure to recycle critical minerals domestically.

The company has not completed large, transformative acquisitions based on available public disclosures, instead allocating capital toward research and development, patent filings, and feasibility studies. RecycLiCo has referenced engagement with emerging sectors such as lithium‑ion battery recycling, black mass processing, and closed‑loop battery material recovery, though commercialization timelines and projected returns vary across disclosures. Where forward‑looking claims have been made, public filings note that outcomes depend on financing availability, partner execution, and market conditions.

Geographic Footprint

RecycLiCo is headquartered in Canada, with its principal corporate office in British Columbia. Its operational and strategic focus is primarily on North America, reflecting regional policy incentives, supply‑chain security priorities, and proximity to electric vehicle and battery manufacturing hubs. Research, pilot testing, and technical development activities are conducted within Canada and the United States, often in collaboration with third‑party facilities.

While the company does not maintain a broad physical operational footprint across multiple continents, it markets its technology globally and has indicated interest in licensing or partnering internationally. Public disclosures reference engagement with potential customers and partners in Asia and Europe, though material long‑term international operations or investments have not been conclusively established based on available public sources.

Leadership & Governance

RecycLiCo is led by a management team with experience in mining, materials processing, and capital markets, reflecting its transition from a resource exploration company to a technology‑focused battery recycling firm. Governance is overseen by a board of directors responsible for strategic oversight, capital allocation, and risk management, with an emphasis on intellectual property development and regulatory alignment.

Key executives include:

• Larry Reaugh – President and Chief Executive Officer
• Michael Goehring – Chief Financial Officer
• Roy Bonnell – Chief Operating Officer
• Dr. Petr Novak – Technical Advisor

Leadership has articulated a strategic vision centered on enabling sustainable battery supply chains through low‑impact recycling technologies, while maintaining capital discipline and leveraging partnerships rather than pursuing rapid asset‑heavy expansion.