11:39 AM EDT, 07/16/2024 (MT Newswires) -- RecycLiCo Battery Materials ( AMYZF ) late Monday said it was granted a European Unitary Patent for its hydrometallurgical lithium-ion battery recycling solution.

The patent solidifies the company's intellectual property portfolio in Europe, a key market focused on electrification and sustainable battery technologies, RecycLiCo said.

The patent is the 16th issued globally for the company. It also holds patents in the U.S., South Korea, Japan, China, India, Australia and Canada.

RecycLiCo shares were last seen up $0.005 to $0.16 on the TSX Venture Exchange.

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