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Greentown Labs Member Milestones — April 2024 

Greentown Labs

Funding American Battery Technology Company —a startup with technologies for lithium-ion battery recycling, battery-metal extraction, and primary mineral resource development—was awarded $60M in tax credits to accelerate the construction of its next-generation battery recycling facility.

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Grant opportunity – Projects on geothermal scaling and lithium extraction

ThinkGeoEnergy

The California Energy Commission (CEC) has announced a Grant Funding Opportunity for projects that seek to address corrosion and/or scaling in geothermal installations in California or advance technologies to enhance extraction of lithium and other valuable minerals from geothermal brine at the Salton Sea geothermal field.

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

R-Squared Energy

But will lithium follow that same trend? Last year saw lithium prices soar due to increased demand for lithium-ion batteries as well as supply chain impacts due to the Covid-19 pandemic. In February 2022, battery-grade lithium carbonate soared to $72,000 per metric ton, which was nine times higher than the 2020 price.

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Stellantis and LG Energy Solution name CEO for battery joint venture

Charged

billion in setting up production, NextStar Energy will begin constructing a lithium-ion battery production plant in Windsor, Ontario later in 2022. Stellantis says production is set to begin in the first quarter of 2024. Stellantis says, “NextStar Energy will be Canada’s first large-scale lithium-ion battery production plant.”

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Cirba Solutions and GM extend collaboration on EV battery recycling

Charged

Cirba Solutions and GM have extended an existing agreement to recycle battery scrap generated by manufacturing and research at selected GM facilities through 2024. The company has six facilities, including two active lithium-ion processing sites.

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Cirba Solutions to build EV battery recycling plant in South Carolina

Charged

The plant, Cirba’s eighth in North America and fourth in the US, will focus on processing end-of-life hybrid and EV batteries, gigafactory scrap, and end-of-life consumer batteries. 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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Aqua Metals and 6K Energy collaborate to establish sustainable US battery supply chain

Charged

Aqua Metals has developed a process for recycling lithium-ion batteries that it says is much cleaner, more efficient and more cost-effective than current methods (see our recent in-depth interview with company execs ). At full scale, Aqua will provide 30% of the nickel and lithium carbonate needed at 6K’s PlusCAM facility.