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RecycLiCo secures investment for battery recycling joint venture

Charged

RecycLiCo Battery Materials, a battery recycling company, has received investment approval from the Taiwan Department of Investment Review for its 50/50 joint venture with Zenith Chemical. This modular plant is intended to be transported to Taiwan for the final commissioning. Source: RecycLiCo

Recycling 119
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Europe bets big on recycling in efforts to onshore battery supply chain

Energy Storage News

Big investments are being made into the battery recycling sector in Europe as the continent looks to increase the domestic supply of critical materials for its lithium-ion gigafactory projects.

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Projected EV battery recycling capacity outstrips expected supply

Charged

Afraid there won’t be enough recycling plants to recycle EV batteries when they start reaching end of life in large numbers? Encouraged by generous government incentives, companies have been investing heavily in battery plants. If a shortage of recyclable batteries develops, such companies could have the advantage.

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Cirba Solutions helps Toyota expand battery recycling network to nationwide program

Charged

Toyota Motor North America is expanding its battery recycling network with Cirba Solutions, a battery recycling materials and management company. This facility will extract critical minerals from scrap and end-of-life batteries with an up to 95% recovery rate, and supply battery-grade metals back into the supply chain.

Recycling 116
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Altilium, Synetiq and LV= collaborate to facilitate EV battery recycling in the UK

Charged

UK-based clean technology group Altilium is collaborating with vehicle salvage and recycling specialist Synetiq to recycle the growing number of EV batteries from damaged cars. The company has invested heavily in equipment to remove the batteries from these cars and store them safely. Source: Synetiq

Recycling 119
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Another US EV-battery recycler just raised a massive funding round

Canary Media

Ascend Elements has raised $542 million to take its plans to recycle lithium-ion batteries to the next level. The investment round announced Wednesday will support building a factory in Hopkinsville, Kentucky, where Ascend will process the “black mass” derived from slicing and sorting old lithium-ion batteries into…

Recycling 115
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Albemarle to supply battery-grade lithium hydroxide to Ford

Charged

Specialty chemicals supplier Albemarle has announced a definitive agreement with Ford to deliver battery-grade lithium hydroxide to support the automaker’s ramp-up of EV production. Albemarle will supply more than 100,000 metric tons of battery-grade lithium hydroxide for approximately 3 million future Ford EV batteries.

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