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Marwynn Holdings Announces Strategic Expansion into Battery Recycling Infrastructure with Plans for EcoLoopX Black Mass Production Facility
IRVINE, CA / ACCESS Newswire / May 1, 2026 /Marwynn Holdings, Inc. (Nasdaq:MWYN) today announced a major evolution of its EcoLoopX platform with plans to develop its first physical processing facility dedicated to the production of "Black Mass" - ...
About this update from Marwynn Holdings, Inc.
[{"type":"text","content":"IRVINE, CA / ACCESS Newswire / May 1, 2026 / Marwynn Holdings, Inc. (Nasdaq:MWYN) today announced a major evolution of its EcoLoopX platform with plans to develop its first physical processing facility dedicated to the production of "Black Mass" - a critical intermediate material in the lithium-ion battery recycling value chain.","length":340,"tagName":"p"},{"type":"text","content":"The planned facility marks a strategic transition for EcoLoopX Corporation, a subsidiary of MWYN, from an asset-light logistics platform to an operational participant in the battery materials sector. By processing end-of-life (EoL) batteries and manufacturing scrap into black mass, MWYN expects to recover and concentrate high-value minerals including lithium, cobalt, nickel, and manganese.","length":392,"tagName":"p"},{"type":"text","content":"Strengthening the Circular Economy","length":34,"tagName":"p"},{"type":"text","content":"The global surge in electric vehicle (EV) adoption and portable electronics has created a massive supply-chain bottleneck for battery-grade minerals. EcoLoopX's move into black mass production is designed to help address this challenge as one part of a broader industry effort by:","length":284,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Capturing Higher Value: Moving upstream from simple e-waste collection to the high-margin production of battery-ready feedstock.","length":128,"tagName":"p"}]},{"val":[{"type":"text","content":"Proprietary Mechanical Processing: Utilizing shredding and separation technology to produce high-purity black mass for downstream hydrometallurgical refiners.","length":158,"tagName":"p"}]},{"val":[{"type":"text","content":"Closed-Loop Integration: Feeding the recovered materials back into the technology supply chain, potentially supporting the hardware requirements of MWYN's AI-focused subsidiary, NexaCore Technologies.","length":204,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":490,"olType":false},{"type":"text","content":"Leadership Commentary","length":21,"tagName":"p"},{"type":"text","content":""This is the natural next step for our circular economy strategy," said Yin Yan, CEO of Marwynn Holdings. "While logistics and trading gave us the foothold, building our own processing capacity allows us to capture a significantl...