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Comstock Inc., which owns 90% of its lithium-ion battery recycling subsidiary LiNiCo Corp., said the Nevada Division of Environmental Protection (NDEP) issued a written waste recycling determination permit. company that licenses LiNiCo to conduct lithium-ion battery (LIB) recycling and related operations at its 137,000 square foot facility at the Tahoe Reno Industrial (TRI) center in Storey County, Nevada. The company had previously announced that the facility would have the capacity to process more than 100,000 tonnes per year.

Comstock, Virginia City, Nevada, announced that it increased its overall stake in LiNiCo Corp., McCarran, Nevada, from 45% to 90% earlier this year. Aqua Metals, also based in McCarran, owns a 10% stake in LiNiCo Corp. She first invested in the company in early 2021.

“We are delighted to receive this critical permit ahead of schedule,” said Corrado De Gasperis, Executive Chairman and Chief Executive Officer of Comstock and LiNiCo. “The operating license is based on the first phase of LiNiCo’s new advanced LIB recycling technologies, including crushing, separation, lithium extraction and precursor cathode actives, designed for class-leading yields. at a fraction of the capital and operating cost of all known lithium mining and mining products. recycling methods.

LiNiCo is building a pilot facility to be installed at the TRI facility, with commissioning and start of operations expected in mid-2023 and lithium mining capacity planned for the third quarter of 2023, according to a press release issued by Comstock.

Comstock and Aqua Metals previously announced that they were working together to accelerate decarbonization by producing renewable electrification products that support growing demand for electric vehicles. LiNiCo and Aqua Metals signed a collaboration agreement in November last year to transform the black mass of LIBs into nickel, cobalt and other high-purity metals.

“We will use our commercial-scale pilot agreements and our early adopter customers to confirm all engineering and other requirements for scale-up and full commercial deployment of our unique processes at the TRI facility,” says From Gasperis.

He adds that the company plans to begin construction and expand on the TRI site once confirmation of its commercial pilot is complete.

“A key advantage of LiNiCo’s technologies is that they are highly scalable and able to be scaled to meet the changing and dynamic needs of the rapidly growing lithium recycling industry,” says De Gasperis.

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