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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. Source: RecycLiCo

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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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Mack LR Electric refuse vehicle delivered to Coastal Waste & Recycling

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US truck maker Mack Trucks , a subsidiary of Volvo , has delivered a Mack LR Electric refuse vehicle to Florida-based Coastal Waste & Recycling. Coastal Waste & Recycling is also piloting Volvo Construction Equipment’s CE EC230 Electric 23-ton excavator. Nextran Truck Centers will provide service and support.

Recycling 119
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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. Current plans for recycling plants see capacity greatly outstripping the supplies of waste batteries.

Recycling 111
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Albemarle announces North Carolina technology park to explore advanced lithium technology

Charged

Specialty chemicals manufacturer Albemarle has acquired a location in Charlotte, North Carolina, where it plans to invest at least $180 million to establish the Albemarle Technology Park (ATP). Albemarle anticipates initial occupancy of the ATP by early 2025 and completion by late 2026.

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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 build a lithium processing facility in South Carolina

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Specialty chemicals company Albemarle has announced plans to build a lithium hydroxide processing facility in Chester County, South Carolina. Plans for the facility include an initial investment of at least $1.3 The so-called Mega-Flex plant will be able to process diverse lithium feedstocks, including lithium from recycled batteries.

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