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 »
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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 »
BASF consolidates business, will invest $5 billion in battery materials and recycling
BASF, a producer of cathode active materials (CAM), plans to consolidate some of its business into a new legal entity called BASF Automotive Catalysts and Recycling beginning in January of 2022. The company will also invest up to €4.5 billion ($5 billion) in battery materials and recycling. Based in New Jersey, the new entity will… 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 »
American Battery Technology wins $2-million contract for battery recycling program
The United States Advanced Battery Consortium (USABC) has announced a $2-million lithium-ion recycling development program with American Battery Technology Company (ABTC) in Fernley, Nevada. The contract award, which includes a 75-percent cost share by the ABTC-led project team, funds a 30-month project. The program’s goal is to demonstrate a scaled, fully-domestic, integrated processing cycle for… Read more »
Elemental Holding to build battery recycling plant in Poland
Recycling company Elemental Holding has announced plans for a new facility to recycle batteries and other waste that contains precious metals, to be constructed in Zawiercie, Poland. The launch of the facility is planned for 2023. The plant will allow for the recovery and green production of nickel, cobalt, lithium and other metals and raw… Read more »
Johnson Matthey partners with OnTo Technology on battery production scrap recycling
Johnson Matthey has entered into an agreement with OnTo Technology, a developer of battery recycling methods, to scale up OnTo’s process for the direct recycling of lithium-ion battery scrap. OnTo’s patented Cathode Healing process restores the coating material to use in new battery production, and avoids energy-intensive refining processes. Jane Toogood, Chief Executive of Johnson… Read more »
Nth Cycle says its electroextraction tech significantly reduces transportation costs for Li-ion battery recycling
Refining the circular economy for battery materials. As the e-mobility transition accelerates, demand for critical minerals is growing exponentially. Companies on the cutting edge, such as Tesla, are already experiencing shortages. However, to extract ever more minerals by mining and dispose of the waste in landfills, would be to continue the practices that got the… Read more »