A new US-Korean joint venture has announced plans to launch a major lithium-ion batteries recycling operation in the US.
Metallica Commodities Corp (MCC) and SungEel HiTech said the new company, SungEel MCC Americas (SMA), will “redefine” the lithium-ion battery, e-waste recycling, energy and metals markets in North America— “where consumption of cobalt and lithium has outpaced supply in recent years”.
Chinese electric vehicle maker BYD has confirmed plans to open a battery recycling plant in Shanghai.
A BYD spokesperson told BBB the plant would go ahead but said a date for the project’s start had yet to be fixed.
The launch of modern— and increasingly lower-priced EV lithium-ion batteries— is likely to hamper moves to encourage recycling, a battery expert has warned.
Mike Fetcenko (pictured), MD of BASF Battery Materials North America, said at last week’s International Battery Seminar and Exhibit in Florida: “The economics of recycling for lithium are not mature and they have to become more so.”
Chinese lead-acid battery giant Camel is to build a pilot lithium-ion battery recycling and anode material production plant in Central China.
Camel said plans for the CNY5 billion ($791 million) facility is part of a “framework agreement”, signed with Hubei Province’s Gucheng County government, to create an industrial park for recycling and “cascade utilisation” of used lithium-ion batteries from electric vehicles, as well as the regeneration of battery materials.
Aqua Metals, the US lead-acid battery-recycling start-up, is ramping up its commercial fightback by completing its “first24-hour run of continuous operations” of lead production after months of production setbacks.
The company confirmed on 5 March it had completed the move following modifications to its AquaRefining facility in Nevada to resolve a “sticky lead” condition that had hampered production.
Chinese authorities are reportedly preparing new policies for the recycling of batteries due to the rapidly-expanding new energy vehicle (NEV) market— the EV and hybrid electric vehicle sector.
The Ministry of Industry and Information Technology (MIIT) is expected to roll out policies to clarify industrial standards and regulate battery recycling this year, according to China’s state Xinhua News Agency.
US lead-acid battery-recycling start-up Aqua Metals has successfully modified equipment to resolve a “sticky lead” condition that had hampered production at its facility in Nevada.
The company, which is working to commercialise a water-based recycling process, revealed last December that lead recovered during its AquaRefining process was sticking to the exit chutes of processing equipment.
Indian lead battery recycling group Gravita has won an order worth around $46 million from lead-acid manufacturer Luminous Power Technologies.
Gravita, which is also one of the country’s largest lead producers, did not respond to BBB’s request for details of the order to India-based Luminous— part of the Schneider Electric group.