Lithium-ion recycler Li-Cycle commits $200 million to power future EVs


Metals and fossil fuels behemoth Glencore is pumping $200 million into battery recycler

Lithium-ion recycler Li-Cycle lands $200 million to power future EVs |  TechCrunch

 

under the new agreement The Swiss materials giant will ship combustible batteries and scrap to Li-Cycle, where it recovers the high-demand metal. so that it can be reused in electric vehicle batteries and other applications.

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Li-Cycle uses a spoke and hub method to recover materials, say the factory. They destroy used batteries and use a water-based system to start destroying the batteries. a process called hydrometallurgical This is a technique that uses less energy than the process.

pyrometallurgical which is the other main method of battery melting in general. Although the hydrometallurgy method can recover more minerals One downside is that it produces more wastewater that needs to be treated.

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