Battery Recycling
The partnership between the two entities has set a new standard for producer-led collaboration.
Researchers have found a way to prevent lithium plating in electric vehicle batteries, which could lead to faster charging times.
New research out of the University of Michigan shows that cracks in the positive electrode of lithium-ion batteries reduce charging times.
Goldman Sachs said rising usage of electric vehicles (EV) was a "key pillar of copper's bullish story", forecasting copper demand from the sector to amount to 1 million tonnes (mt) this year, rising to 1.5 mt in 2025.
Exxon Mobil (XOM.N) has agreed to develop more than 6,100 lithium-rich acres in Arkansas with Tetra Technologies Inc (TTI.N), the second move this year by the oil giant for control of assets needed to produce the electric vehicle battery metal.
Lithium Americas Corp. has initiated construction at its Thacker Pass lithium project in Humboldt County, Nevada. The project is aimed at producing 80,000 tonnes per year of battery-grade lithium carbonate, divided into two phases of 40,000 tpa each.
This step ensures highest quality output and minimal environmental impacts.
It uses electricity to recycle, instead of traditional chemical processes, fossil fuels or furnaces.
The Alabama facility extends over 100,000 square feet in size, with an additional warehousing capacity of approximately 120,000 square feet.
In a February meeting with mining executives, President Joe Biden laid out an aggressive goal for the United States to produce more of its own minerals for the electric vehicle revolution in ways that respected the environment.
Japan's Nissan Motor Co (7201.T) said on Wednesday it had agreed to acquire all the common shares in Vehicle Energy Japan Inc held by the lithium-ion battery maker's biggest shareholder.
Under the Bipartisan Infrastructure Law, Biden's administration has invested over 3 billion dollars in the United States lithium-ion industry. As part of this investment, 335 million dollars were specifically allocated towards the end-of-life of these products.
The proposed project is expected to create significant economic activity and handful of opportunities for the local economy.
The new EV battery recycling collaboration will be facilitated by VWGoA’s nationwide network of approximately 1,000 dealers.
Unlike other recycling processes, the proprietary Li AquaRefining process can produce high purity individual metals more efficiently.
With commercial agreements in place, Glencore will become an important partner to source battery feedstock for Li-Cycle’s Spoke facilities and black mass and sulfuric acid for Li-Cycle’s Hub facilities.
The facility is strategically located in close proximity to its existing battery and manufacturing scrap supply network in the Southwestern United States.
Further to successful conclusion of the pilot phase, Aurubis AG plans to build a battery recycling plant on an industrial scale.
The report notes that Li-ion batteries dominate the electric vehicle (EV) market and are a major component of consumer electronics market.
The partnership will extend the services across new geographies.
The strategic partners are now currently finalizing the site for the Spoke facility.
The facility, built at an investment of $43 million, is expected to bring at least 150 jobs to the community.
The award recognizes businesses for developing innovative solution that embodies the ten principles of the United Nations Global Compact.
Atlis Motor Vehicles is currently developing battery cells and packs, and the necessary charging infrastructure, with production slated to begin next year.
The company plans to invest 243 million yuan to build a 100 acres new recycling yard, which will be mainly financed through internal resources.