EVelution Energy has received a non-binding Letter of Interest from Finnvera, Finland’s official export credit agency, indicating willingness to support up to $70 million in export credit financing for equipment and services associated with the company’s cobalt processing facility in Yuma County, Arizona. The Finnvera support is tied specifically to procurement from Metso, the Finland-based… Read more »
Search Results Found For: "Hydrometal"
American Rare Earths accelerates Wyoming pilot plant project
Australia-based American Rare Earths, which operates a US subsidiary called Wyoming Rare, has advanced the pilot plant program for its Halleck Creek Project in Wyoming to produce a high-purity separated rare earth oxide. The company has signed agreements for initial processing to be done in Wyoming through Western Research Institute in Laramie and DISA Technologies… Read more »
Aqua Metals and American Battery Factory explore strategic collaboration
Metals recycling and refining firm Aqua Metals has signed a non-binding Memorandum of Understanding (MOU) with lithium iron phosphate (LFP) battery cell manufacturer American Battery Factory (ABF) proposing a strategic collaboration focused on advancing the US battery materials supply chain through recycling and circular manufacturing. The companies intend to evaluate the co-location of a commercial… Read more »
Cyclic Materials raises $75 million to scale rare earth magnet recycling
Cyclic Materials has closed a $75-million Series C equity round to scale its rare earth element recycling operations across the US and Europe and accelerate its Canada-based research and development footprint. The company says the funding will speed deployment of locally anchored recycling infrastructure for magnet-containing end-of-life scrap and magnet production waste—materials it processes to… Read more »
Lucid partners with US battery mineral producers for EV manufacturing
US EV manufacturer Lucid Motors has joined with critical mineral producers Alaska Energy Metals, Graphite One, Electric Metals and RecycLiCo to launch the Minerals for National Automotive Competitiveness Collaboration (MINAC). The consortium aims to help accelerate the development of domestic critical mineral resources and the procurement of minerals for use in automotive manufacturing by US-based… Read more »
ReElement and Exigo Battery Solutions form rare earth recycling JV
American Resources, through its holding in ReElement Technologies, which is developing rare earth element (REE) and critical mineral refining capacity, has agreed to enter a joint venture (JV) with Exigo Battery Solutions to use ReElement’s rare earth oxide refining technologies within the US and India to produce purified rare earth oxides. Exigo will initially source,… Read more »
Vianode and Fortum Battery Recycling to develop EV battery recycling value chain
Norwegian battery materials company Vianode and Finland-based Fortum Battery Recycling, which specializes in recycling valuable metals from EV batteries, have agreed to collaborate on developing a sustainable EV battery recycling value chain. Under the agreement, the two companies will work together to secure supplies of high-quality recycled graphite concentrate from Fortum’s hydrometallurgical plant in Harjavalta,… Read more »
Blue Whale Materials partners with Call2Recycle for Li-ion battery recycling in North America
Lithium-ion battery recycling firm Blue Whale Materials (BWM) has formed a strategic partnership with Call2Recycle, a battery stewardship organization in North America. BWM’s sorting and recycling facility in Bartlesville, Oklahoma will receive and process batteries brought into Call2Recycle’s national network, which collects spent batteries across the US. The facility is already operational for sorting and… Read more »
Giyani ramps up to produce battery-grade manganese at demonstration plant in South Africa
Giyani Metals, developer of the K.Hill Battery-Grade Manganese Project in Botswana, has started production at its demonstration plant in Johannesburg, South Africa. The company has developed a hydrometallurgical process to produce battery-grade manganese (HPMSM), a lithium-ion battery cathode precursor material. The production ramp-up has commenced and the plant is working towards initial production of battery-grade… Read more »
BMW and SK tes to expand high-voltage battery recycling
German carmaker BMW and South Korean technology firm SK tes plan to expand their closed-loop battery recycling system from Europe to the US-Mexico-Canada region in 2026. The recycling process recovers cobalt, nickel and lithium from used batteries to return them to the value chain to produce new batteries. BMW is directly involved in the process,… Read more »