Li-Metal Corp. announced that it had demonstrated its electrolyte reconditioning process. This process is a pivotal component supporting Li-Metal's patented and modular carbonate-to-metal (C2M) technology, an environmentally conscious approach to lithium metal production-a critical material used in next-generation batteries.

The electrolyte reconditioning process plays a crucial role in the closed-loop operation of Li-Metal's C2M technology. This process facilitates the conversion of excess anolyte, located near the anode, into catholyte, situated near the cathode. This closed-loop operation enhances operational efficiencies and minimizes wastage of this valuable resource, marking a significant advancement in sustainable lithium metal production.

The successful completion of testing underscores the viability of Li-Metal's C2M technology, a key enabler and differentiator for Li-Metal's ultra-thin lithium metal anode business. Li-Metal expects to integrate its reconditioning process into its existing C2M pilot in Markham, Ontario ensuring cost-effective and streamlined operations. Li-Metal plans to demonstrate its C2M and electrolyte reconditioning technology at scale in First Quarter 2024 during a metal pilot campaign.

In 2022, Li-Metal engaged its global engineering partner for a concept study on a 1,000 tonnes per year commercial-scale lithium metal production plant. The Company's recent testing results validate an assumption critical to operating expense estimates provided by the study.