Plans to open four lithium-ion recycling facilities with a planned total annual capacity of more than 30,000 tons have been announced by ACE Green Recycling.
The firm— which has offices in the US, Singapore and India— is planning to open facilities in Thailand and India (with a combined 10,000 tonnes capacity) and a 20,000 tonnes capacity factory in the US.
The Indian facility is expected to be commissioned by the third quarter of this year with initial processing capacity of 1,800 tons per year.
The plants in Thailand and US are scheduled to come online next year.
Full operational capacity is planned to be achieved across all facilities by 2025.
ACE says it can reclaim metals such as copper and aluminium and a variety of sulphates and carbonates of cobalt, manganese, and nickel from a wide variety of the world’s most used lithium-ion battery chemistries.
The firm is in discussions with potential partners for various battery waste supply and product off-take arrangements to guarantee a steady supply of batteries, and a customer for its market-grade battery materials.
In May, ACE announced plans to develop a recycling park in Texas, US by 2025 that will be able to process and recycle up to 100,000 metric ton of lead-acid batteries and 20,000 metric ton of lithium-ion batteries each year.
Phase 1 of the 400,000 square foot facility is due to begin in Q3 next year, starting with lead-acid batteries.
ACE uses a hydrometallurgical process to recycle lead-acid batteries, and has deployed its technology on a commercial scale with leading recyclers and industry players with many new facilities set to come online across Asia, Europe, and the Middle East by early 2023.