Nouveau Monde Graphite and Lithion Recycling have signed a collaboration agreement for the recovery and recycling of graphite for reuse as lithium-ion battery anodes.
The agreement aims to define the most efficient and cost-effective way to turn recycled graphite into anode material for lithium-ion batteries.
The partnership aims to position both companies in the global market using Lithion's hydrometallurgical recycling process and Nouveau Monde’s expertise to promote a graphite circular economy.
Both companies operate in Québec, with facilities in and around Montréal, Canada.
The firms will target “western markets” for commercialisation of their products.
A Nouveau Monde spokesman told BEST: “Operational parameters haven’t been finalised just yet. The agreement is the first step toward developing this collaboration and expertise.”
Lithion says its recycling process allows up to 95% of battery components to be recovered and treated so they can be reused by battery manufacturers.
Between 2022-2023, Lithion is set to launch its first commercial recycling plant, drawing on operational data from an industrial-scale demonstration plant in Québec.
Lithion’s business model includes worldwide deployment, through licensing agreements, aiming at 20 recycling plants.
Nouveau Monde is working towards developing a fully-integrated source of green battery anode material in Québec, Canada. Targeting commercial operations by 2023.