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Li Cycle to increase recycling capacity and sign 10-year battery materials offtake deal with LG Chem

Thu, 01/06/2022 - 11:27 -- Paul Crompton

Lithium-ion battery recycler Li-Cycle Holdings Corp. will increase the capacity of the facility its developed in New York, US by more than 40%.

The Canadian firm will increase the input processing capacity of the ‘Hub’ facility from 25,000 tonnes to 35,000 tonnes of “black mass” annually (equivalent to around 90,000 tonnes of lithium-ion battery equivalent feed annually). 

The Hub will turn black mass into battery grade materials to be returned to the lithium-ion battery supply chain .

The company estimates the Hub will require a total capital investment of around $485 million (+/-15%), which may be funded from existing balance sheet cash.

The Hub will be fully integrated with Li-Cycle’s existing network of facilities across North America that turns end-of-life batteries and battery manufacturing scrap into “black mass” containing nickel, cobalt and lithium.  

Li-Cycle’s Spoke facilities will be the primary suppliers of feedstock for the Hub. 

Once the Hub is fully operational, Li-Cycle expects to become one of the biggest US-based suppliers of battery grade advanced materials. 

Based on independent industry forecasts (including from Benchmark Mineral Intelligence) and the firm’s internal analysis, Li-Cycle estimates there could be nearly 250,000 tonnes of lithium-ion batteries available for recycling from manufacturing scrap in North America alone by 2025.

Multi-Year Strategic Collaboration with LG

Li-Cycle, LG Chem, and LG Energy Solution have entered into a ten-year manufacturing scrap supply and nickel sulphate off-take agreement non-binding letter of intent. 

The firms intend to cooperate on recycling nickel-bearing lithium-ion battery scrap and certain other lithium-ion battery materials to create a closed-loop ecosystem.  

Beginning in 2023, Li-Cycle will supply LGES and LGC with 20,000 tonnes of nickel contained in nickel sulphate from its Rochester Hub facility in New York. 

LGC and LGES together will make a $50 million equity investment in Li-Cycle at a price of $11.32/per common share, upon completion of the commercial agreements by March 13, 2022. 

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Hybrid lithium-VRFB system developed for power management applications

Thu, 09/09/2021 - 10:50 -- Paul Crompton

Vanadium product recycler AMG Advanced Metallurgical Group has built its first lithium-vanadium hybrid battery for industrial power management applications. 

AMG’s hybrid lithium-vanadium redox flow battery (LIVA) uses the lithium battery for fast discharging including black start; the vanadium battery, which is charged by the grid, is used to recharge the lithium battery.

The first LIVA system will be installed in one of AMG’s German manufacturing plants and is scheduled to go online in the first quarter of next year. 

Engineering has started for three more systems, two in Germany and one in the US. 

AMG Engineering is building the integrated system, with its subsidiaries AMG Titanium & Coatings supplying the vanadium electrolyte, and AMG Lithium designing the lithium portion of the battery. 

AI technology acquisition

To solve the need for an advanced software solution is essential, AMG bought German firm Phyr7, which specialises in artificial intelligence-based power-management solutions. 

Phyr7 will be renamed LIVA Power Management Systems and be established with an initial capitalisation of €5 million ($6 million).  

The Phyr 7 software ecosystem maximises the efficiency, safety and lifetime of the batteries, and enables the economic integration of sector coupling strategies with renewable energies and green hydrogen.

Dr. Volker Koelln (pictured), founder of Phyr7, will be the CEO of LIVA Power Management Systems, and Holger Mueller-Rink will be its CFO, holding the same position at AMG Lithium. 

Dr. Stefan Scherer chairs the company’s Supervisory Board.

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COVID-19 forces lead battery recycler Recylex’s German subsidiaries to file for insolvency

Wed, 05/20/2020 - 11:42 -- Paul Crompton

The German operating units of French lead battery recycler Recylex have been forced by German law to request the opening of insolvency proceedings.

The management of the battery recycling subsidiaries Weser-Metall, Harz-Metall, Norzinco and PPM Pure Metals have applied to initiate a procedure known as "protective shield” in accordance to the German Insolvancy Code.

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Aqua Metals forced to halt operations after fire at lead-acid recycling plant

Tue, 12/03/2019 - 15:37 -- Paul Crompton

Lead-acid battery recycler Aqua Metals is counting the cost of a fire this week that caused ‘significant’ damage to its Aquarefinery area of its Nevada, US, plant.

The company’s equipment, including all 16 AquaRefining modules, control wiring and other supporting infrastructure, were damaged by the heat and smoke from the fire on 29 November

After initial damage assessments, the company believes it will incur a cost and delay in operating any processes within the plant, although it was not able to say how long, and at what cost.

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2nd Californian lead-acid battery recycler to face emissions charges

Mon, 05/23/2016 - 15:25 -- Paul Crompton
2nd Californian lead-acid battery recycler to face emissions charges

Another Californian lead-acid battery recycler has been given 30 days to notify residents of possible health risks from its lead and arsenic emissions.

Battery recycler Quemetco, based in the Los Angeles industrial suburb of the City of Industry, has been told to cut its arsenic emissions after it was found there was an increased risk of cancer to 12,000 residents in the area.

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