Battery Recycling Tests Begins Using the Re- 2Ox Process
Battery Recycling Tests Begins Using the Re-
2Ox Process
COQUITLAM, BC
,
March 1, 2021
/CNW/ - Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTC:
CCWOF) (
Frankfurt
: 4T9B) (the "Company" or "Canada Silver Cobalt") is pleased to announce a
new battery recycling initiative using the proprietary hydrometallurgical
Re-2O
x
process.
Highlights
The company has begun bench and pilot plant studies at SGS Canada for battery recycling
using the
Re-2Ox
process, which is the only known hydrometallurgical process purposely
designed and adaptable to recover and recycle metals from Lithium-ion, Nickel-hydride and
Nickel-cadmium batteries.
Core process chemistry of the
Re-2Ox
process is adaptable to rare earth metals recovery from
Nickel-hydride batteries
Battery-grade Cobalt Sulfate has been produced from a multi-element cobalt concentrate using
the
Re-2Ox
process at SGS Canada to meet international battery specs.
The company has received electrodes of a commercial-grade nickel-cadmium battery at SGS
Canada to begin initial scoping studies. Bench-scale testing followed by pilot plant studies will be
undertaken. The same procedure will be used on all three battery types.
Recent data on global lithium-ion (Li-ion) battery sales compiled from 2016 highlight a discrepancy
between sales of 500,000 tons, and recycling capacity of only 94,000 tons. If it were assumed that
recycling capacity was exclusively dedicated to Li-ion batteries, that would only cover 19% of annual
production volume. By 2024 the gap between recycling capacity and battery production is expected
to widen with only 9% of 3,000,000 tons being covered by recycling capacity according to
Propulsion Quebec.
The transition toward a circular economy requires "green" battery technologies, however, true
sustainability can only be achieved with an efficient way to capture valuable materials in spent
batteries and diverting them from landfills. Lithium-ion battery recycling typically begins with
separation of the outer casing from the cells. The cathode and anode in the cell are together used to
create a powder referred to as "black mass." The resulting blend contains valuable minerals like
lithium, cobalt, nickel, manganese, and graphite.
Canada Silver Cobalt will use a purely hydrometallurgical approach by employing
Re-2Ox
for
selective leaching to enhance process recovery of metals. Recycling plants that use hydrometallurgy
exclusively are rare and only one is known to exist in
Europe
; Canada Silver Cobalt will be the first in
North America
to use this method.
About Canada Silver Cobalt Works Inc.
Canada Silver Cobalt Works released the first-ever resource in the Gowganda Camp and greater
Cobalt Camp in May 2020. A total of 7.56
million ounces
of silver in Inferred resources comprising
very high-grade silver (
8,582
grams per tonne un-cut or
250.2
oz/ton) in 27,400 tonnes of material
from two sections (1A and
1B
) of the Robinson Zone beginning at a vertical depth of approximately
400 meters were identified. The discovery remains open in all directions (1A and
1B
are
approximately 800 meters east of the Capitol Mine workings) (mineral resources that are not mineral
reserves do not have demonstrated economic viability) (refer to Canada Silver Cobalt Works Press
Release
May 28
, 2020. Report reference: Rachidi, M. 2020,
NI 43-101 Technical Report Mineral
Resource Estimate for Castle East, Robinson Zone,
Ontario, Canada
, with an effective date of
May
28, 2020
and a signature date of
July 13, 2020
.
Canada Silver Cobalt's flagship Castle Mine and 78 sq. km Castle Property features strong
exploration upside for silver, cobalt, nickel, gold, and copper in the prolific past-producing
Gowganda
high-grade Silver District of
Northern Ontario
. With underground access at Castle, a pilot plant to
produce cobalt-rich gravity concentrates on site, a processing facility (TTL Laboratories) in the town
of Cobalt, and a proprietary hydrometallurgical process known as
Re-2Ox
for the creation of
technical grade cobalt sulphate as well as nickel-manganese-cobalt (NMC) formulations, Canada
Silver Cobalt is strategically positioned to become a Canadian leader in the silver-cobalt space.
"Frank J. Basa"
Frank J. Basa
, P. Eng.
Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Service 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 including but not limited to
comments regarding the timing and content of upcoming work programs, geological
interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-
looking statements address future events and conditions and therefore, involve inherent risks and
uncertainties. Actual results may differ materially from those currently anticipated in such
statements.
SOURCE
Canada Silver Cobalt Works Inc.
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For further information:
Frank J. Basa, P.Eng., Chief Executive Officer, 416-625-2342
CO: Canada Silver Cobalt Works Inc.
CNW 11:01e 01-MAR-21