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Benchmark Minerals: Battery production scrap will be the main source of recyclable material this decade

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As demand for lithium-ion batteries accelerates, recycling of raw materials will be an essential part of the circular EV ecosystem. However, in the near term, the primary source of recyclable battery material will be scrap material from battery production, according to Benchmark Mineral Intelligence ’s latest Recycling Report.

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There’s gold (and lithium and cobalt) in all those EV battery packs

The Verge: Energy

After all, material scarcity leads to value, and there’s gold in all those EV battery packs headed to landfills. Well, not literal gold, at least not much, but there is plenty of lithium, cobalt, and other materials that are good for batteries but hard to find in the earth. Manufacturers, too, are getting in on the game.

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IRA incentives set off battery recycling gold rush

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There are at least 80 companies involved in EV recycling around the world, and some 50 startups have attracted over $2.7 BMW Sustainability Chief Thomas Becker told Reuters that the minerals in a typical EV battery—primarily lithium, cobalt and nickel—are worth somewhere between $1,100 and $2,200. (So

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Li-Cycle opens battery recycling facility in Alabama

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“This facility enhances our ability to support the recycling needs of our diverse and growing customer base in North America to ensure lithium-ion battery material is recycled in an environmentally friendly and safe manner,” said Ajay Kochhar, co-founder and CEO of Li-Cycle. “Li-Cycle

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Northvolt produces its first Li-ion battery cell with 100% recycled nickel, manganese and cobalt

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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 recycling process can recover up to 95% of the metals in a battery to a level of purity on par with fresh virgin material.”.

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Funding For Battery Technology Companies Exploded In 2020

R-Squared Energy

Last fall Swedish lithium-ion battery maker Northvolt announced that it had raised $600 million in equity to invest in capacity expansion, research and development, and large-scale recycling. It’s important to keep these flows within Europe.”. To date, China has dominated the lithium-ion battery space. lithium production.

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

Business Green

Gavin Graveson, senior executive vice-president of northern Europe at Veolia, said it was critical for the UK to build an ethical and sustainable supply chain for batteries as the EV transition gathered pace. "We Urban mining is essential if we are to protect raw materials and will in turn create a new, high-skilled industry," he added.