RecycLiCo acquires building to serve as corporate HQ, operational hub

Lithium-ion battery recycler RecycLiCo Battery Materials Inc., Surrey, British Columbia, says it has acquired a new 10,047-square-foot building in Delta, British Columbia, to serve as its corporate headquarters and operational hub.

The company says the building will house the company’s executive offices, lithium-ion battery recycling demonstration plant and a new in-house analytical laboratory, adding that with “high-power infrastructure and excellent transportation access,” the site will allow for expanded testing, heightened quality control and continued advancement of its hydrometallurgical technology for use in both battery recycling and the refining of newly-mined ore and other sources of critical minerals.

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“This acquisition, on the heels of our participation with Lucid Motors and others in the establishment of the Minerals for National Automotive Competitiveness Collaboration, is a significant step forward in the company’s evolution from a venture-stage endeavor into a commercial participant in the establishment of secure domestic supply chains for lithium, cobalt, nickel, manganese and other critical minerals,” says Richard Sadowsky, RecycLiCo’s interim CEO. “We now have the in-house capacity to accelerate our commercial readiness to deliver industrial, battery and military-grade materials and to qualify for government grants and cooperative funding, including Canada’s Critical Minerals Infrastructure and Strategic Innovation Fund and the U.S. Department of Energy’s proposed $500 million investment in the expansion of domestic battery manufacturing, processing and recycling.

“At a time when domestic critical mineral capacity is urgently needed, we are positioning RecycLiCo at the intersection of innovation, sustainability and strategic resource independence.”

RecycLiCo says the purchase price for the building was $5.8 million, of which $4.4 million was financed by the seller. The seller financing bears interest at the rate of 5 percent per year and is secured by a three-year mortgage on the building.

RecycLiCo says the relocation, reassembly and commissioning of its demonstration plant will proceed in parallel with lab construction, minimizing downtime and accelerating the company’s timeline for customer qualification and commercial deployment. The company says it expects commissioning of the reassembled plant to begin in early 2026, with operational readiness targeted for the spring, subject to construction progress and regulatory approvals.