Climate Change Data

RecycLiCo Battery Materials Inc.

Climate Impact & Sustainability Data (2024-10-31)

Reporting Period: 2024-10-31

Environmental Metrics

ESG Focus Areas

  • Sustainable lithium-ion battery recycling and materials production

Environmental Achievements

  • Achieved over 99% extraction of lithium, nickel, cobalt, and manganese from lithium-ion battery production scrap.
  • Recycled lithium carbonate produced passed industry-standard tests.

Social Achievements

  • Strategic collaboration with Nanoramic Laboratories to optimize the complete life cycle of lithium-ion batteries.
  • Joint venture with Zenith Chemical Corporation to establish a commercial-scale recycling plant in Taiwan.

Governance Achievements

  • Shareholder approval of the “Change of Business” from a “Mining Issuer” to a “Technology Issuer”.

Climate Goals & Targets

Environmental Challenges

  • Inability to raise capital.
  • Commercialization and project risks.
  • Permitting risks.
  • Risks relating to storage and handling of lithium-ion battery cells.
  • Risks relating to international operations and geopolitical risk.
  • Strategic alliances and joint venture risks.
  • Supply risks.
  • Inflation risks.
  • Inaccurate forecasts.
  • Intellectual property protection.
  • Fluctuations in mineral and metal prices.
  • Demand for electric vehicles.
  • Alternative battery technology risk.
  • Loss of key personnel.
  • Competition risks.
  • Environmental regulation.
  • Force majeure events.
  • Foreign currency risk.
  • Litigation risk.
  • Changes in economy.
  • Changes in law.
  • Uninsured or uninsurable risks.
  • Risks related to the Common Shares (volatility of share price, risks of dilution, no history of dividends, unfavourable research reports, write-downs and impairments).
Mitigation Strategies
  • Reliance on equity financings, exercise of stock options and warrants, and/or private placements.
  • Careful management and planning of facilities, hiring qualified personnel.
  • Ongoing research and development initiatives.
  • Strategic capital deployment.
  • Maintaining a robust working capital.
  • Securing commitments from suppliers.
  • Differentiation based on sustainability and robustness of technology.
  • Negotiating supplier agreements.
  • Investigating sources of further funding.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS

Sustainable Products & Innovation

  • Recycled lithium carbonate
  • Cathode precursor material