Full Circle completes FCL-X sale to N.A. logistics firm

Executive Summary

• Full Circle Lithium Corp. completed its initial commercial sale of its FCL-X lithium battery fire extinguishing agent to a leading global logistics customer with extensive operations in North America.
• The sale targets a specific logistics hub, with significant expansion potential to supply products to 59 additional sites across 21 U.S. states.
• This transaction marks a strategic entry into the transportation and logistics sector, addressing the growing need for lithium-ion battery fire suppression in environments with electric vehicles and automated systems.

Key Details

• Customer Profile: A global logistics leader headquartered in Asia with extensive North American operations (U.S., Canada, Mexico).
• Product Sold: FCL-X, a proprietary, non-hazardous, water-based fire-extinguishing agent designed specifically for lithium-ion battery fires.
• Initial Scope: Supply of FCL-X fire extinguishers for one logistics hub.
• Expansion Potential: Opportunity to supply extinguishers and other products to the customer's 59 additional sites across 21 U.S. states.
• Use Case: Part of the customer's large-scale fleet electrification and decarbonization initiative, including expansion of temperature-controlled facilities.
• Targeted Environments: Electric vehicle depots, fleet yards, automated material handling systems, battery-powered warehouse equipment, and energy storage installations.
• Strategic Context: Addresses critical lithium-ion battery fire risks in high-throughput logistics environments integrating EVs, mobile power systems, and cold-chain equipment.

Notable Quotes

• "Lithium battery fire risk is no longer theoretical -- especially in high-throughput logistics environments where electric vehicles, mobile power systems and cold-chain equipment operate side by by side. Our FCL-X products deliver targeted lithium battery fire suppression and containment at the point of ignition, minimizing operational disruption and protecting lives and assets." — Chad Carver, Vice-President of Sales and Operations, Full Circle Lithium
• "This customer recognized the need for pro-active lithium battery fire protection as core infrastructure -- not an afterthought. Our solution addresses that head on, with compact, effective and scalable protection systems suited for complex logistics environments." — Carlos Vicens, Chief Executive Officer, Full Circle Lithium