Full Circle Lithium Corp. (FCLI:TSXV)

  • Full Circle has developed FCL-X, a proprietary fire-extinguishing agent for lithium-ion battery (LIB) fires. The product has shown strong performance in independent testing and is now being commercialized.

  • FCLI is building out various sales channels, including fire departments, OEMs, and energy storage systems, and we expect it to start hitting its stride in FY26, offering rapid sales growth.

  • LIB fires are becoming more common due to the global growth of LIBs, a market that is expected to grow 3-5x over the next decade.

Investment Summary

FCL is a U.S.-based lithium products manufacturer focused on sustainable solutions for the lithium and battery safety sector. Its flagship product innovation, FCL-X™, is a proprietary, non-hazardous, water-based fire-extinguishing agent designed specifically to combat the growing threat of lithium-ion battery fires. Backed by a world-class technical team, FCL is committed to safe, effective, and environmentally responsible fire mitigation technologies.

Company Description

Research