Search Results Found For: "recycling "

Battery recycler Lithion raises $99 million, inks Korean licensing deal

Battery recycling technology company Lithion has raised 125 million Canadian dollars ($99 million US) in a Series A funding round, and has granted construction and manufacturing firm IS Dongseo the exclusive right to use its lithium-ion battery recycling technology in the South Korean market. Canada-based Lithion will use the funding on a separation plant, a… Read more »

Chinese battery-maker Gotion to establish US LFP cell production for…Tesla?

Chinese battery cell manufacturer Gotion High-Tech reports that it has agreed to supply 200 GWh of LFP battery cells to an unnamed “large US automaker” between 2023 and 2028. Initially, the cells will come from China, but the agreement also envisions establishing LFP battery cell production in the US. Gotion wrote in a filing on… 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 »

ZF and CATL partner to develop battery-related aftermarket services

German component maker ZF and Chinese battery supplier CATL have signed a partnership agreement to develop new aftermarket services. The agreement will include service networks, battery-related training, connectivity, recycling and reuse. ZF, which currently has more than 10,000 workshop partners in its global aftermarket, will be considered the preferred option in CATL’s service network expansion…. Read more »

Volkswagen Group announces three major new battery initiatives

Automakers that are serious about producing EVs understand that they need to build new supply chains, including major battery manufacturing capacity and secure sources of raw materials. The Volkswagen Group has been steadily turning up the voltage, raising its planned investment in EV and self-driving technologies to 73 billion euros ($86 billion) over the next… Read more »

White House releases details of EV charging infrastructure plan

The EV industry applauded the inclusion of a plan to fund charging infrastructure in the Infrastructure Investment and Jobs Act (IIJA)—now rechristened the Bipartisan Infrastructure Bill (BIB)—that President Biden signed into law in November. However, until now we didn’t know exactly what we were cheering for. Now the administration has released an EV Charging Action… 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 »

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