EIT Raw Materials, a European Union consortium, has granted €4.7 million (about $5.2 million) to the Recycling Li-ion batteries for electric Vehicle (ReLieVe) project to develop a closed-loop process for recycling Li-ion batteries and support the production of new Li-ion batteries in Europe.

ReLieVe will carry out its development for two years beginning in January 2020. The project will include the collection and dismantling of end-of-life batteries and the manufacturing of new electrode materials.

ReLieVe is a partnership between battery collection and recycling company SUEZ, recycling company Eramet, and cathode active materials manufacturer BASF. Academic support will be provided by Chimie ParisTech and the Norwegian University of Science and Technology (NTNU).

SUEZ COO Jean-Marc Boursier said, “Around 50,000 tons of batteries are expected to be recycled by 2027 in Europe, and it could be multiplied almost tenfold by 2035. With the ReLieVe project, SUEZ is supporting the development of alternative approaches that blend circular solutions with sustainable urban mobility.”

Source: BASF