Global-Tech Green Energy & Minerals Limited, Canada, are the first Canadian lithium mining company who have committed to creating a sustainable circular economy for lithium-ion battery metals. The company has also opened its own laboratory suite at its head office in Vancouver, British Columbia.

The new laboratory enables Global-Tech Green Energy & Minerals Limited to carry out its own in-house testing to further assist with the research projects.

The company announced that they will participate in a U.S. Department of Energy (DOE) project to advance the safe, economic recovery of lithium-ion battery materials from electric vehicles and other consumer goods.

The project focuses on developing an economic recovery strategy for critical materials in end-of-use lithium-ion batteries from electric and hybrid electric vehicles and other consumer goods such as electric bicycles and power tools. The project commences immediately, under the aegis of the Critical Materials Institute (CMI), an Energy Innovation Hub, led by Ames Laboratory and supported by the U.S. Department of Energy, Office of Energy Efficiency and Renewable Energy, Advanced Manufacturing Office.

"We are very pleased to become the first private-sector Canadian company to participate in this project," said Dr. Shun Chou, Head of Technology & Innovation at Global-Tech Green Energy & Minerals Limited.

"We're honored to be working with world-renowned national labs and leading U.S. universities on an issue that will dramatically impact our ability to meet rising material demand for battery grade lithium," Dr. Chou added.

Global-Tech Green Energy & Minerals Limited's partners include U.S. national labs:

Oak Ridge National Laboratory (ORNL). Located in Oak Ridge, Tennessee, ORNL is the largest multidisciplinary science and energy national laboratory in the DOE system.

Idaho National Lab (INL). Located in Idaho Falls, Idaho, the nation's leading center for nuclear energy research and development performs work in energy systems, national security, science and environment.

Purdue University and Case Western Reserve University are also project partners.

Anyone wishing to obtain further information and news releases are advised to contact Mr. Rick Newstead, Investor Relations Director at Global-Tech via Email to [email protected].