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North America and Europe launched construction lithium-ion battery recycling factory

  Author :Iflowpower – Portable Power Station Supplier

According to the news of the foreign network, the urgent needs of environmental protection and supply chain, the construction of the lithium-ion battery recycling factory, of which the lithium circulation (Li-cycle), Northvolt Company and Yun The lithium lithium industry is involved in the construction of lithium battery recycling factories. It is expected that in the second half of 2021, the Canadian Lithium Circular will invest $ 17.5 billion in Rochester, New York, build a lithium-ion battery recycling factory.

After completion, the plant will become the largest lithium-ion battery recycling plant in North America, achieving 25,000 tons of processing power, zero emissions, cobalt, nickel, lithium, and other valuable recovery rates can reach 95%. The company jointly founder and CEO Ajaykochhar said, "We will become one of the largest nickel and lithium sources in the United States, and the only cobalt source in the United States. "London Circulatory Energy Consulting Consulting in Tracking Lithium Ion Battery Recycling Market said that there are about 100 recycling lithium-ion battery companies around the world.

The industry is mainly concentrated in China and South Korea; China and South Korea are also most lithium batteries, but only 10 recycles companies in North America and Europe. In addition to the Canadian lithium circulation company, it includes Nosvit in Stockholm, etc. The Battery Recycling Research Cooperative Organization of the US Department of Energy, Jeffspangenberger, director of RecellCenter, said that "battery recycling is not only cleaner, but also needs reliability profit".

The global sales of electric vehicles are expected to grow from 1.7 million vehicles in 2030, can imagine a lot of waste batteries in the future. Ajie Khar, CEO, Canadian Circular, said, "Although the waste battery 'tsunami' has not come, the current consumer electronics and electric car manufacturers are very interested in the services of lithium circulation companies, and will promote Supplier and company business cooperation ".

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