RecycLiCo Battery Materials Inc. (AMY.V) Earnings Call Transcript & Summary

Welcome to company showcase an advertising feature on howestreet.com. I'm Jim Goddard I'm speaking with Zarko Meseldzija. He's the Chief Executive Officer at RecycLiCo. Welcome back to the show Zarko.

Thanks for having me Jim.

Zarko, what's new at RecycLiCo?

Well, as I mentioned at the end of the last podcast, RecycLiCo is going to be an exhibitor at the Fully Charged live event here in Vancouver from this weekend, so from September 8 to 10 and I'll be speaking on one of those panels on the Saturday during the event at around 1:00 p.m. and the panel is going to be called batteries, are they ethical, sustainable and recyclable? So there's going to be a lot of interesting questions coming from the panel ask questions and answers coming from the panel and the audience. But I'll be actually joined by Rebecca Paisley from WSP, Ken Hendricks from the Automotive Retailers Association and Sandy Munro from the Munro Associates or as some of you know as well from our Munro Live video that came out last month. So I also just want to thank everyone for who reached out for ticket. I know some will be flying in to see the event, please stop by our booth and I really look forward to meeting everyone in person. We'll have our team there as well. So just kind of put a face to the name looking forward with some great conversations. And then later this month, we'll be also traveling to Taiwan to meet with our JV partner, Zenith, and have some meetings with Zenith and some other companies as well but as well visit the site location that we are designing and building our first commercial plant on, which will be in Taiwan. And also the 4 visits is technical team will also be visiting us at the demonstration plant, and they're going to be observing our ongoing testing at the demonstration plant. They're going to be looking to understand different unit operations from -- to survey themselves and prepare their team for the commercial construction and operation in Taiwan. So they're going to be looking at through the different stages of reaching an impurity removal and the precursor production and lithium hydroxide production within carbonate production. So it's going to be quite a busy week when they visit as well. And then also when we visit but these initial steps of the JV will be some of the most critical to ensure a successful scale up and a positive demonstration of our advanced process and business model really to the rest of the world. And this first success, I think will help streamline further expansion as well. Because I think since the announcement of our commercial JV I mean I know it firstly myself has garnered just a lot of interest from the market. So I know we just have a lot of eyes on us and to see the success of this hydrometallurgical plant. And maybe one more topic I'd like to maybe discuss given we do quite a bit of talking this week as to fully charge event. But when I'm seeing kind of in the battery industry, it's quite clear that the battery industry itself has been a major recipient of some really big funding rounds that have been recently announced even despite the shaky market in general. And some of these fundings have actually been in the battery recycling and this kind of gives a sense for kind of where the interest is from others and now I understand that our peers in the battery recycling industry are approaching the battery waste problem in a different way. And they do this by focusing on the construction of a large facility, to focus on processing waste from multiple sources. But I believe this falls prey to, I think, one of the biggest risks in the recycling industry which is a supply of battery waste. And without battery waste speed for this mixed batch of feed is really become difficult to manage the utilization of these large facilities and these large facilities, keep in mind also going to require a lot more capital to build and operate hence some of the very large funding rounds have been announced a recycle nimble approach of working more strategically with partners to build a recycling solution that actually vertically integrates materials of the battery materials. In-house promotes more of a -- it allows for low capital in facility with not as high cost, but then it also has the flexibility to expand modularly as a secure source of battery wasted supply continues to grow as well. This is going to keep costs down, operational costs down and it's going to provide that flexibility as well to grow with the market. So these peer comps right now paint one kind of picture. But from recycles perspective, we're really going to continue working on chain, additional commercial JVs around the world using our advanced and efficient technology and really demonstrating that through the success of these JVs, how we can grow with the industry. And to be one of those companies that really comes out as has a success when it comes to batteries cycling and the star really long thought-out process of how we're going to approach this. On a strategic level and for the long-term supply of battery related materials. It's all I really have for you today Jim.

Circle for people new to RecycLiCo, what does the company do? And where are you traded?

Yes. RecycLiCo is a battery materials company focused on the recycling and up cycling of lithium-ion battery wave. We go directly from not just recycling material, but also going directly into the battery-ready products, which known as the precursor cathode-active material and lithium hydroxide. Where we've taken this material and have been able to send it to different companies who have made battery cells directly out of that material and have tested it for performance as well and the company is publicly traded. Our shares are traded on the TSX-V under the ticker symbol AMY on the OTCQB on the AMYZF and on the Frankfurt Stock Exchange under IB4, and you can get more information on our website on www.recyclico.com.

Zarko, thank you so much for the update.

Thanks, Jim.

Our guest has been Zarko Meseldzija. He's the Chief Executive Officer of RecycLiCo. I'm Jim Goddard. Our conversation took place on September 8.