Full Circle Lithium Corp. provided an update regarding the Company's progress on the operations of its first modular demonstration lithium extraction and processing plant (the "FCL Demo Plant") for a multinational chemical company ("ChemicalCo1") at one of its specialty chemical plants in the USA. The FCL Demo Plant utilizing proprietary extraction and processing technology (or "LEP" technology, which is a form of direct lithium extraction or "DLE"), has now been operating for several weeks.

The FCL Demo Plant has successfully extracted over 99% of the lithium from ChemicalCo1's lithium effluent in multiple cycles. FCL is now focused on ramping up the FCL Demo Plant to full and continuous processing capacity over the next several weeks to meet the demonstration parameters set with the client. This is a significant achievement for the lithium industry, as there are few examples of what FCL has achieved in its first LEP installation.

FCL is focused on lithium and battery materials integration to meet the demand for crucial battery-grade raw materials, utilizing proprietary technology and know-how. In addition to its lithium carbonate plant, FCL is focused on three complementary feedstock processing divisions: battery recycling from off-spec and end-of-life lithium-ion batteries, lithium mid-stream recycling from industrial and chemical feedstock, and lithium refinery from upstream feedstock. Following on the Company's mantra of "the home of lithium science", FCL has now also developed an innovative and patented Fire Suppressant Solution ("FSS"), to address the increasing number of difficult to extinguish and hazardous lithium based fires.