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Lead battery recycler Ecobat buys into European lithium-ion battery recycling market

Mon, 08/16/2021 - 11:05 -- paul Crompton

Lead-battery recycler Ecobat has bought lithium-ion battery recycler Promesa as it looks to expand its hold in the European market.

Ecobat’s buy-out of the Hettstedt, Germany, firm will allow it a further entry point to the European EV battery recycling market, which is expected to be worth $4.7 billion in 10 years, according to Ecobat.

The deal gives Ecobat a full suite of recycling services for lithium-ion batteries, from collecting, discharging and dismantling batteries, to crushing and sorting them and arranging for black mass disposal.

The company said that Promesa’s strategic location in the vehicle manufacturing and lithium battery centre of Germany provided a “crucial entry point” for battery access and OEM factory scrap. 

Jimmy Herring, Ecobat’s president and chief executive officer, said: "Building on this acquisition, Ecobat will continue to expand our position in the lithium-ion battery recycling space with future investment plans underway to increase capacity at our Promesa facility and to build out additional dismantling capabilities across Germany.”

Promesa will provide Ecobat with access to business-critical permits for 3,200 tons of chemical compounds. 

These contracts cover a broad range of waste materials associated with a variety of battery chemistries from household to electric vehicle, positioning Ecobat for expansive growth opportunities.

Earlier this month, Ecobat was named as a cohort member of US battery companies that will collaborate with the U.S. Department of Energy’s Argonne National Laboratory and The University of Toledo to improve lead-battery cycling efficiency

The new two-year research collaboration is focused on improving the performance of advanced lead batteries, which includes work to identify methods to extend their cycle life. 

New CFO

The acquisition comes as Ecobat named Jamie Pierson (pictured) as its new chief financial officer. 

Pierson will lead the Finance Homeroom on a global basis and provides strategic advice to the executive leadership team and board of directors. 

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US lithium-ion battery recycler ABTC names new COO

Thu, 08/12/2021 - 17:20 -- paul Crompton
Andrés Meza ABC new chief operating officer

American-owned lithium-ion battery recycler American Battery Metals Corporation has named Andrés Meza as its new chief operating officer.

Meza (pictured) will lead the firm’s efforts to grow and move through the construction, commissioning and operations of its first lithium-ion battery recycling facility in Nevada, US.

The company chose Meza because of his “direct hands-on experience” with the operations of manufacturing facilities and high-growth start-ups.

The company is rebranding itself as American Battery Technology Company (ABTC).

ABTC CTO, Ryan Melsert, said: "Andrés has the ground level foundational understanding of fundamentals that comes from being a hands-on process engineer at a chemical plant, while having the field expertise from commissioning and optimising high-volume semiconductor manufacturing facilities.

“He also has the operational leadership experiences from working at premier management consultancy and private equity firms, which together provide the exact set of skills that is needed to support the next stage of our growth and to complement our current leadership team."

Read more about ABTC in the Spring edition of BEST magazine here

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Li-Cycle boosts lithium-ion battery recycling leadership ahead of merger plans

Fri, 05/21/2021 - 09:10 -- paul Crompton
Lithium-ion battery recycler Li-Cycle Corp has appointed Carl DeLuca as general counsel and corporate secretary and Lauren Choate as VP of human resources.

Lithium-ion battery recycler Li-Cycle Corp has appointed Carl DeLuca as general counsel and corporate secretary and Lauren Choate as VP of human resources.

DeLuca (right) will lead the Canadian firm’s legal and regulatory functions in support of the company’s global expansion plans, while Choate (left) will lead human resources functions and oversee talent management and acquisition. 

Both executives will report directly to co-founder, president and chief executive officer, Ajay Kochhar.

Li-Cycle also announced that, on 30 April, the Ontario Superior Court of Justice had issued a final order approving the plan of arrangement under the Business Corporations Act (Ontario) in connection with the business combination agreement with Peridot Acquisition Corp. 

The closing of the Business Combination is expected in the second quarter of 2021 and remains subject to the approval of the shareholders of Peridot and the satisfaction or waiver of other customary closing conditions. 

Upon the closing of the Business Combination, the combined company will be named Li-Cycle Holdings Corp and will be listed on the New York Stock Exchange under the new ticker symbol, “LICY.”

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Lithium-ion battery recycler to produce black mass at second North America plant

Thu, 12/03/2020 - 09:53 -- paul Crompton

Lithium-ion battery recycler facility Li-Cycle has opened a second plant to produce black mass for the battery industry in New York, US.

The Canadian firm’s Spoke 2 facility in Eastman Business Park in Rochester will produce an intermediate mixed battery material product (black mass) from all types of used lithium-ion batteries.

The facility has the capacity to process up to 5,000 tons of lithium-ion batteries per year.

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Lead-acid battery recycler Quemetco fined $600,000 and forced to reduce operations following for emissions violations

Fri, 05/15/2020 - 10:28 -- paul Crompton

Lead-acid battery recycler Quemetco has been fined $600,000 and forced to temporarily reduce operations due to emissions violations at its facility in the City of Industry, California, US.

The fine follows inspections and testing conducted by the South Coast Air Quality Management District (South Coast AQMD) between 2017 and 2019.

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STC in final stages of commissioning a bespoke lead-acid battery recycling plant in Nigeria

Wed, 05/06/2020 - 12:05 -- paul Crompton

Italian lead battery recycler STC is in the final commissioning stage of a five tonnes/h plant in Nigeria.

STC designed, built and supplied the complete lead-acid battery recycling plant for the Nigerian company Green Recycling Industries based in Agbara, Ogun State.

The final start-up of the whole plant is expected by the end of August.

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Waste management firm buys into lead-acid and lithium-ion battery recycling industry

Fri, 01/24/2020 - 10:46 -- paul Crompton

Waste management firm Enva has bought lead-acid and lithium-ion battery recycler Sar Recyling for a reported €20 million.

The Irish firm— controlled by British private equity company Exponent and others of the Environment Division of DCC — will take over the UK firm’s battery recycling activities in Ireland.

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Lithium Australia continues aggressive march to close lithium-ion battery recycling loop

Tue, 11/26/2019 - 15:28 -- paul Crompton

Materials firm Lithium Australia now owns 73.7% of lithium-ion battery recycler Envirostream after upping its stake in the company for the third time this year.

Perth-based Lithium Australia paid AUD100,000 ($68,000) for the additional shares, mirroring the payment made in October to take its share in the recycler from 18.9% to 23.9%.

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