Battery technology company Addionics has raised $27 million in Series A funding from Deep Insight, Catalyst Fund, Delek Motors, Dr. Boaz Schwartz, Dr. David Deak and others. The funding will be used for developing and commercializing batteries with the company’s Smart 3D Electrodes, hiring additional team members and increasing the company’s activities in the US… Read more »
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Our Next Energy tests 750-mile battery pack in a Tesla Model S
A two-year-old Michigan startup, Our Next Energy (ONE), has built a custom battery pack that recently propelled a modified Tesla Model S for 752 miles. John Voelcker, writing in Car and Driver, reports that ONE retrofitted the car with a pack that stores twice the energy of Tesla’s original, and fits in exactly the same… Read more »
Ascend Elements to open battery recycling facility in Georgia
Battery recycling and manufacturing company Ascend Elements (formerly known as Battery Resourcers) is planning to open a battery recycling plant in Georgia by August of 2022, where it will recycle lithium, cobalt and nickel. The company plans to invest $43 million in the 154,000-square-foot facility, which will be able to process 30,000 metric tons of… Read more »
Li-Cycle to operate battery recycling facility at Ultium Cells factory in Ohio
Battery recycling firm Li-Cycle expects to begin operating a battery recycling facility in Warren, Ohio in early 2023 as part of its hub-and-spoke model. Li-Cycle will install and operate its proprietary Spoke technology and equipment on the site of the Ultium Cells battery manufacturing megafactory, which is currently under construction. Its output will be black… Read more »
Primobius and Stelco partner on EV battery recycling in North America
Primobius has reached an option and licensing agreement with Stelco Holdings to commercialize Primobius’s proprietary EV battery recycling and processing technologies in North America. Operations are expected to begin in 2023. Germany-based Primobius is a joint venture of Neometals and the German engineering company SMS group to commercialize the recycling of lithium-ion batteries. Canada-based Stelco… Read more »
Tesla to buy nickel from Talon Metals mine in Minnesota
Talon Nickel, a US subsidiary of Canada-based Talon Metals (TSX: TLO), has secured an agreement with Tesla to supply nickel concentrate from its Tamarack Nickel Project, a joint venture with mining giant Rio Tinto, in Aitkin County, Minnesota. Under the terms of the agreement, Tesla has committed to purchase 75,000 metric tons (165 million lbs)… Read more »
The Metals Company hopes to extract battery metals from the sea floor
As the world’s appetite for raw materials grows, interest in polymetallic nodules—nuggets of nickel, cobalt, manganese and other in-demand metals found on the sea floor—is exploding. Several companies are pursuing plans to extract the mysterious lumps, which Gerard Barron, the CEO of seabed-mining firm The Metals Company, calls “a battery in a rock.” Barron’s company… Read more »
MIT metal processing approach may prevent rare metal shortages
An MIT research group has developed a metal processing approach that may help prevent rare metal shortages in the future by identifying and separating rare metals from mixed materials. MIT Professor of Metallurgy Antoine Allanore and graduate student Caspar Stinn relied on a modified form of sulfidation to identify and separate 15 elements, including the… Read more »
Li-Cycle unveils plans for Hub facility, announces recycling agreement with LG
Li-Cycle has announced plans to build its first Hub facility near Rochester, New York. The company expects to process equivalent battery material to power approximately 225,000 EVs per year. Li-Cycle (profiled in our July/August 2020 issue) uses a hub-and-spoke model for its recycling process. The New York Hub will be integrated with Li-Cycle’s existing network… Read more »
Nissan announces $18 billion in new e-mobility investment, including solid-state batteries and 15 new EVs
Nissan, an early EV pioneer that later seemed to lose interest, has become the latest automaker to announce a new electrification plan. The company’s Nissan Ambition 2030 strategy calls for investments of 2 trillion yen (around $17.6 billion) over the next five years. “With Nissan Ambition 2030, we will drive the new age of electrification,… Read more »