Inventories

12 Months Ended

Jun. 30, 2024

Inventory Disclosure [Abstract]

Inventories

4. Inventories

The Company’s inventory for its lithium-ion battery recycling operation is comprised of raw materials, in the form of battery feedstock, and finished goods, in the form of black mass and other metals. Inventory is valued at the lower of average cost or net realizable value. The net carrying value of inventory includes those costs to acquire battery feedstock and any related carrying and processing costs incurred by the Company.

The table below presents the components of inventory as of June 30:

	2024		2023
Raw materials	$	66,088	$	125,204
Finished goods		88,232		-
	$	154,320	$	125,204