08:40 AM EST, 02/05/2025 (MT Newswires) -- Full Circle Lithium ( FCLIF ) on Wednesday said it understands that its proprietary FCL-X lithium-ion battery fire extinguishing agent business is not subject to the recently announced - and then postponed - tariffs by the U.S. federal government applicable to Canadian goods.

The company has an operating unit and plant in Georgia and can manufacture its products also in Canada as opportunities develop.

Full Circle Lithium ( FCLIF ) has also completed several live demonstrations with US Fire Pump and AEST Fire & Safety, its two distributor partners, in front of US fire safety industry experts, to demonstrate the effectiveness of FCL-X in extinguishing toxic and hard-to-control lithium-ion battery fires.

FCL has received an initial, non-binding report from an international patent searching authority that has indicated that the claimed subject matter of FCL's patent application for FCL-X is both new and inventive. The company believes this is a positive preliminary indication that FCL may eventually receive some measure of patent protection for its FCL-X.

Shares of the company closed up $0.020, or 5.1%, to $0.410 on Tuesday on the TSX Venture Exchange.