Latest news with #MINAC
Yahoo
5 days ago
- Automotive
- Yahoo
Lucid Motors Forges Alliance for U.S. Battery Materials
Lucid Group (NASDAQ: LCID), an electric vehicle manufacturer, announced Wednesday a collaboration with several critical mineral producers aimed at accelerating the development and procurement of domestic critical minerals for U.S. automotive manufacturing. The new initiative, named the Minerals for National Automotive Competitiveness Collaboration (MINAC), includes Alaska Energy Metals, Graphite One, Electric Metals, and RecycLiCo. MINAC's stated goals include advancing domestic mineral production through offtake agreements, identifying and resolving barriers to commercialization, expanding coordination between the mining and automotive sectors, and supporting the qualification and procurement of domestically produced materials by U.S.-based automakers and Tier 1 suppliers. The formation of MINAC comes as the automotive industry, particularly the electric vehicle sector, faces increasing pressure to secure reliable and ethically sourced supplies of rare earths and critical minerals such as nickel, graphite, and manganese. These minerals are essential components in lithium-ion batteries, which power the majority of electric vehicles. The collaboration seeks to reduce reliance on foreign supply chains, especially from countries like China, and bolster domestic manufacturing capabilities. The involved mineral companies each bring specific expertise to the collaboration. Alaska Energy Metals, based in Anchorage, Alaska, is developing a large-scale nickel project. Nickel is a key material for high-energy density battery cells, which can extend vehicle range. Electric Metals USA is focused on the Emily manganese project in Minnesota. Manganese is used in lithium-ion battery cathodes to enhance energy density, reduce cost, and improve thermal stability. Graphite One is developing facilities for graphite production in Ohio and northern Alaska, with expected production by 2028. RecycLiCo specializes in hydrometallurgical technologies for processing mined ore and recycling lithium-ion battery materials, aiming to recover battery-ready lithium, cobalt, nickel, and manganese. In conjunction with the launch, Lucid and its partners are holding a roundtable discussion in Washington, D.C., with Arizona Governor Katie Hobbs, Senator Dan Sullivan of Alaska, and Representatives Nick Begich of Alaska and Andy Biggs of Arizona. Senator Mark Kelly of Arizona commented on the initiative, stating, "Arizona is proud to be home to Lucid's state-of-the-art manufacturing facility, and I'm glad to see them leading the way in building electric vehicles with American-made materials." He added that such collaborations strengthen supply chains and support jobs within the United States. By Michael Kern for More Company News From this article on
Yahoo
6 days ago
- Automotive
- Yahoo
RecycLiCo Partners with Lucid to Strengthen North American Domestic Supply Chain for Critical Minerals and Metals
SURREY, British Columbia, July 23, 2025 (GLOBE NEWSWIRE) -- RecycLiCo Battery Materials Inc. ('RecycLiCo' or the 'Company') (TSX.V: AMY | OTCQB: AMYZF | FSE: ID4), a critical minerals refining and lithium ion battery upcycling company, today announced that it, together with Lucid (NASDAQ: LCID) and other industry leaders has become a founding member of the Minerals for National Automotive Competitiveness Collaboration (MINAC), a partnership focused on accelerating the development and procurement of American-sourced critical mineral resources for use in automotive manufacturing by domestic automakers and Tier 1 suppliers. The other MINAC members are Alaska Energy Metals, Graphite One and Electric Metals. The MINAC members will work together to: Advance domestic mineral production through the completion of offtake agreements for American critical minerals for use in American automobiles; Identify and resolve barriers, and accelerate commercialization and customer adoption; Improve coordination between the mining and automotive sectors; and Support the qualification and procurement of domestically produced materials by American automakers and Tier 1 suppliers. The partnership recognizes the value of RecycLiCo's advanced hydrometallurgical process to recover high-purity, battery-ready materials from newly-mined domestic ore, manufacturing scrap and end-of-life batteries and its potential contribution to onshore sourcing of essential materials and the establishment of a circular supply chain. 'The historic realignment of the global trading environment, together with governmental initiatives fostering reliance on domestic sources, has highlighted the need for the efficient recovery and refinement of critical minerals. This collaboration with Lucid and our other MINAC partners is a direct response to that need and will help us to validate and scale our technology and work closely with industry leaders,' said Richard Sadowsky, Chief Executive Officer of RecycLiCo. As part of the collaboration's launch, Mr. Sadowsky will join fellow MINAC members for a roundtable and event on July 23, 2025, in Washington, D.C. alongside Arizona Governor Katie Hobbs, Alaska Senator Dan Sullivan, and Representatives Begich (AK) and Biggs (AZ). About RecycLiCoRecycLiCo Battery Materials Inc. is a critical minerals refining company specializing in the use of advanced hydrometallurgical technologies for processing mined ore and the upcycling of lithium-ion battery materials. RecycLiCo's processes efficiently recover battery-ready lithium, cobalt, nickel, and manganese from end-of-life batteries and manufacturing scrap, supporting energy storage as well as broader industrial applications. RecycLiCo's business focus aligns with the global demand for future-ready, responsible supply chains and the growing movement to strengthen domestic sourcing of critical materials. For more information, please contact:Paola AshtonPRA Communications Telephone: 604-681-1407Email: pashton@ Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain "forward-looking statements", which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward–looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.
Toronto Star
6 days ago
- Automotive
- Toronto Star
RecycLiCo Partners with Lucid to Strengthen North American Domestic Supply Chain for Critical Minerals and Metals
SURREY, British Columbia, July 23, 2025 (GLOBE NEWSWIRE) — RecycLiCo Battery Materials Inc. ('RecycLiCo' or the 'Company') (TSX.V: AMY | OTCQB: AMYZF | FSE: ID4), a critical minerals refining and lithium ion battery upcycling company, today announced that it, together with Lucid (NASDAQ: LCID) and other industry leaders has become a founding member of the Minerals for National Automotive Competitiveness Collaboration (MINAC), a partnership focused on accelerating the development and procurement of American-sourced critical mineral resources for use in automotive manufacturing by domestic automakers and Tier 1 suppliers. The other MINAC members are Alaska Energy Metals, Graphite One and Electric Metals.
The Market Online
6 days ago
- Automotive
- The Market Online
New battery metals coalition unites to strengthen domestic EV critical mineral supply chain
RecycLiCo Battery Materials Inc. (TSXV:AMY) announced its role as a founding member of the newly launched Minerals for National Automotive Competitiveness Collaboration (MINAC) The initiative aims to accelerate the development and procurement of domestically sourced critical minerals for use in American automotive manufacturing The company's process efficiently recovers high-purity, battery-ready lithium, cobalt, nickel, and manganese from newly mined domestic ore, manufacturing scrap, and end-of-life batteries RecycLiCo Battery Materials stock (TSXV:AMY) opened trading at $0.05 Taking a step toward trying to secure the country's automotive future, RecycLiCo Battery Materials Inc. (TSXV:AMY), a company in critical minerals refining and lithium-ion battery upcycling, announced its role as a founding member of the newly launched Minerals for National Automotive Competitiveness Collaboration (MINAC). This content has been prepared as part of a partnership with RecycLiCo Battery Materials Inc. and is intended for informational purposes only. The initiative, unveiled in partnership with Lucid Group (NASDAQ:LCID) and fellow critical mineral producers Alaska Energy Metals (TSXV:AEMC), Graphite One (TSXV:GPH), and Electric Metals (TSXV:EML), aims to accelerate the development and procurement of domestically sourced critical minerals for use in American automotive manufacturing. MINAC's mission is clear and urgent: to bolster the U.S. supply chain for electric vehicles (EVs) and other advanced automotive technologies by: Advancing domestic mineral production through offtake agreements for American-sourced critical minerals through offtake agreements for American-sourced critical minerals Identifying and resolving commercialization barriers to speed up customer adoption to speed up customer adoption Improving coordination between the mining and automotive sectors between the mining and automotive sectors Supporting qualification and procurement of U.S.-produced materials by domestic automakers and Tier 1 suppliers Lucid, known for its cutting-edge EVs like the Lucid Air and Gravity SUV, emphasized the strategic importance of this collaboration. 'RecycLiCo is proud to work alongside Lucid and our fellow MINAC collaborators, advancing our shared commitment to robust, sustainable, and secure, domestic supply chains for critical minerals, RecycLiCo's CEO, Richard Sadowsky said in a news release. 'We are actively seeking opportunities to leverage our advanced hydrometallurgical process to efficiently recover high-purity lithium, cobalt, nickel, and manganese from end-of-life batteries, manufacturing scrap, and newly mined ore to help shape a future-ready critical-minerals industry.' 'This collaboration with Lucid and our other MINAC partners is a direct response to that need and will help us to validate and scale our technology and work closely with industry leaders,' he said in another media statement. RecycLiCo's hydrometallurgical technology plays a pivotal role in the collaboration. The company's process efficiently recovers high-purity, battery-ready lithium, cobalt, nickel, and manganese from newly mined domestic ore, manufacturing scrap, and end-of-life batteries. This innovation supports the creation of a circular supply chain, reducing reliance on foreign sources and enhancing environmental sustainability. To mark the launch, MINAC members convene in Washington, D.C. on Wednesday, for a roundtable event featuring key policymakers including Arizona Governor Katie Hobbs, Alaska Senator Dan Sullivan, and Representatives Nick Begich (AK) and Andy Biggs (AZ). RecycLiCo Battery Materials stock (TSXV:AMY) opened 20 per cent higher at $0.05, but has lost 58.62 per cent since this time last year. Join the discussion: Find out what the Bullboards are saying about RecycLiCo Battery Materials and check out Stockhouse's stock forums and message boards. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here .
Hamilton Spectator
6 days ago
- Automotive
- Hamilton Spectator
RecycLiCo Partners with Lucid to Strengthen North American Domestic Supply Chain for Critical Minerals and Metals
SURREY, British Columbia, July 23, 2025 (GLOBE NEWSWIRE) — RecycLiCo Battery Materials Inc. ('RecycLiCo' or the 'Company') (TSX.V: AMY | OTCQB: AMYZF | FSE: ID4), a critical minerals refining and lithium ion battery upcycling company, today announced that it, together with Lucid (NASDAQ: LCID) and other industry leaders has become a founding member of the Minerals for National Automotive Competitiveness Collaboration (MINAC), a partnership focused on accelerating the development and procurement of American-sourced critical mineral resources for use in automotive manufacturing by domestic automakers and Tier 1 suppliers. The other MINAC members are Alaska Energy Metals, Graphite One and Electric Metals. The MINAC members will work together to: The partnership recognizes the value of RecycLiCo's advanced hydrometallurgical process to recover high-purity, battery-ready materials from newly-mined domestic ore, manufacturing scrap and end-of-life batteries and its potential contribution to onshore sourcing of essential materials and the establishment of a circular supply chain. 'The historic realignment of the global trading environment, together with governmental initiatives fostering reliance on domestic sources, has highlighted the need for the efficient recovery and refinement of critical minerals. This collaboration with Lucid and our other MINAC partners is a direct response to that need and will help us to validate and scale our technology and work closely with industry leaders,' said Richard Sadowsky, Chief Executive Officer of RecycLiCo. As part of the collaboration's launch, Mr. Sadowsky will join fellow MINAC members for a roundtable and event on July 23, 2025, in Washington, D.C. alongside Arizona Governor Katie Hobbs, Alaska Senator Dan Sullivan, and Representatives Begich (AK) and Biggs (AZ). About RecycLiCo RecycLiCo Battery Materials Inc. is a critical minerals refining company specializing in the use of advanced hydrometallurgical technologies for processing mined ore and the upcycling of lithium-ion battery materials. RecycLiCo's processes efficiently recover battery-ready lithium, cobalt, nickel, and manganese from end-of-life batteries and manufacturing scrap, supporting energy storage as well as broader industrial applications. RecycLiCo's business focus aligns with the global demand for future-ready, responsible supply chains and the growing movement to strengthen domestic sourcing of critical materials. For more information, please contact: Paola Ashton PRA Communications Telephone: 604-681-1407 Email: pashton@ Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain 'forward-looking statements', which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward–looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.
