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Search Results Found For: "cobalt"

GM and Glencore enter multi-year cobalt supply agreement

GM and mining giant Glencore have announced a multi-year sourcing agreement under which Glencore will supply GM with cobalt from its Murrin Murrin operation in Australia, to be used in GM’s Ultium battery cathodes. Both Glencore and GM are members of the Responsible Minerals Initiative (RMI), and Glencore’s Murrin Murrin operation conforms to the OECD-aligned… Read more »

The high cost of cobalt cathodes and some potential alternatives

According to an article published in Advanced Energy Materials by researchers at the DOE’s Oak Ridge National Laboratory (ORNL), cobalt is currently the most expensive cathode material used in lithium-ion batteries. The DOE says cobalt accounts for about a quarter of the cost of a typical battery, and was the most expensive cathode material in… Read more »

Nth Cycle raises $12.5 million in Series A funding for cobalt and nickel recycling tech

Battery and metal recycling technology company Nth Cycle has raised $12.5 million in Series A funding, which it will use to deploy the first commercial units of its electro-extraction technology to recycling facilities in 2022 and to grow its technical and development staff. Nth Cycle’s electro-extraction technology uses electricity and carbon filters to recover cobalt… Read more »

New process cheaply extracts copper, nickel, cobalt and lithium from used EV batteries

Sumitomo Metal Mining has developed a new proprietary process to extract high-grade metals from used EV batteries. Tapping its expertise in copper refining, Sumitomo says it can cheaply extract copper, nickel, cobalt and lithium from used EV batteries by crushing them, heating the resulting powder to specific temperatures, and adjusting oxygen levels. Sumitomo says competitors,… Read more »

First Cobalt to expand nickel and cobalt production

First Cobalt is expanding its plans to provide battery-grade nickel and cobalt, recycled battery materials and precursor material to the North American supply chain. First Cobalt is also changing its name to Electra Battery Materials. Electra is expanding a permitted hydrometallurgical refinery north of Toronto, which is projected to produce 5,000 tons of cobalt per… Read more »

Northvolt produces its first Li-ion battery cell with 100% recycled nickel, manganese and cobalt

Swedish manufacturer Northvolt, which is partially owned by Volkswagen and BMW, announced that it has produced its first lithium-ion battery cell using 100% recycled nickel, manganese and cobalt. The company recovered the materials from battery waste through a low-energy hydrometallurgical treatment, which involves the use of an aqueous solution to isolate the metals and separate… Read more »

Glencore and Britishvolt sign partnership for long-term supply of cobalt

Global mining giant Glencore has announced a long-term strategic partnership for the supply of responsibly sourced cobalt with battery startup Britishvolt. Glencore has also made an undisclosed investment in Britishvolt.  By securing a supply of a key battery ingredient from Glencore, Britishvolt hopes to significantly derisk its operations. David Brocas, Head Cobalt Trader for Glencore,… Read more »

LG Energy Solution secures access to nickel and cobalt from Australian Mines

LG Energy Solution, one of Tesla’s battery suppliers, has entered into “a binding long form offtake agreement” with Australian Mines Ltd. for nickel and cobalt, which will be supplied in the form of mixed hydroxide precipitate (MPH) from the Sconi Project in North Queensland. Under the agreement, LG will have access to 71,000 tons of… Read more »

EV supply chain companies pilot blockchain solution for cobalt traceability

Metals and mining companies CMOC, Eurasian Resources Group (ERG) and Glencore, in collaboration with battery material supplier Umicore, are piloting Re|Source, a solution to trace responsibly produced cobalt from the mine to the EV. The pilot will be tested in real operating conditions, from upstream cobalt production facilities in the Democratic Republic of the Congo… Read more »

Millor will manufacture cobalt-free lithium-ion batteries in Europe

The COBRA (CObalt-free Batteries for FutuRe Automotive Applications), a European consortium that aims to develop a new cobalt-free lithium-ion battery technology, has chosen Millor Battery to make the prototypes and first batteries. COBRA and Millor Battery seek to reduce the proportion of critical raw materials in batteries without compromising energy and energy performance. Among these… Read more »