News Commentary | June 21, 2021
Posco recently announced its plans for battery recycling through its joint venture – Posco Hy Clean Metal – with China's Huayou Cobalt, a Li‑ion battery and new cobalt materials producer. The JV will import "black mass" from Europe to be recycled at its first 10,000 ton per year hydrometallurgical ... Not part of subscription
News Commentary | September 09, 2021
The battery recycling startup led by former Tesla CTO J.B. Straubel has seen strong momentum in the past couple of years. In 2019, Redwood Materials partnered with Panasonic to recycle nearly 3 GWh/year of battery scrap. In early 2021, Redwood announced its second customer, Envision AESC, to recycle... Not part of subscription
News Commentary | February 04, 2022
As we predicted last year, Li‑Cycle's next big play in the battery recycling world would be to expand into Europe. The company announced last week that it plans to establish its first European recycling operations in Norway. The rapid increase in electric vehicle (EV) adoption in Norway and expected... Not part of subscription
by Abhirabh Basu
Nissan recently announced plans to build new Li-ion battery recycling facilities in Europe and the U.S. by 2025. This will be its first recycling plants outside Japan since building recycling facilities via 4R Energy Corp., a joint venture with Sumitomo Corp., in its domestic market. The Japanese automaker plans to perform recycling in-house to recirculate critical materials (Li, Ni, Co, Mn) into its battery production, reducing production costs. Europe and the U.S. are increasing battery recycling efforts due to growing electric vehicle adoption as well as to China's continued ban on importing battery "black mass." This news has players across the value chain scouting for partnerships or in-house recycling efforts (see the report).
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