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Cirba Solutions to build EV battery recycling plant in South Carolina

Charged

Battery recycling company Cirba Solutions has announced a Phase I investment of at least $300 million in a new battery recycling facility to be built near Columbia, South Carolina. It will extract such materials as nickel, cobalt and lithium in quantities sufficient to support production of 500,000 EV batteries annually.

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Will Lithium Follow The ‘Super-Cycle’ Of Mining?

R-Squared Energy

Those high oil prices caused a recession, which reduced demand, which reduced prices. Thus, new supplies may come online even as demand softens. Eventually demand recovers, but new supply stagnates. But will lithium follow that same trend? The continued demand for EVs continues to drive the battery-production market.

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'Urban mining is essential': Veolia plots EV battery recycling plant for the West Midlands

Business Green

Facility will be able to treat a sizeable tranche of the UK’s end-of-life vehicles when it comes online in 2024, according to firm. The facility, planned for the village of Minworth, would discharge and dismantle batteries before deploying to mechanical and chemical separation recycling processes, Veolia said.

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IEA reports mixed outlook on critical minerals for energy transitions

Smart Energy International

Falling prices, increased demand and concentration of supply characterise the critical minerals panorama as energy transitions advance, the IEA has reported. Mostly driven by a strong increase in global supply, outpacing the growing demand, this has resulted in a lowering of prices, for example by around 14% for batteries.

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Battery-led storage deployments need to sextuple globally says IEA

Smart Energy International

Growth in batteries outpaced almost all other clean energy technologies in 2023 as falling costs, advancing innovation and supportive industrial policies helped drive up demand for the crucial technology, finds the IEA’s Batteries and Secure Energy Transitions World Energy Outlook Special Report.

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Glencore snaps up stake in battery manufacturing start-up Britishvolt

Business Green

Mining giant Glencore has snapped up a stake in start-up Britishvolt, with the two firms today announcing a long-term partnership for the supply of "responsibly-sourced" cobalt to support manufacture of lithium-ion battery cells in Northumberland.

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Britishvolt plots £200m fundraise for Blyth gigafactory

Business Green

Under the terms of previously agreed deals, the miner is to supply cobalt for the lithium-ion batteries produced in Blyth, and the companies are to collaborate on a 100,000 tonnes per year capacity battery recycling plant in Kent that is expected to start processing used batteries by 2023.