Home Electric Vehicle An enormous North American EV battery recycler simply launched in Europe

An enormous North American EV battery recycler simply launched in Europe

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An enormous North American EV battery recycler simply launched in Europe

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Li-Cycle immediately launched one among Europe’s largest lithium-ion battery recycling facilities, and it may well course of full EV battery packs.

Li-Cycle in Germany

Toronto-headquartered Li-Cycle’s first European battery recycling middle – what the corporate calls a “Spoke” – is in Magdeburg, Germany, northwest of Leipzig.

The Magdeburg Spoke’s first primary processing line on the 20,000-square-meter (215,000-square-foot) facility is on-line and is able to processing full EV battery packs. Its second primary line is anticipated to launch later this yr.

Every primary line has the capability to course of as much as 10,000 tonnes of Li-ion battery materials yearly.

The corporate says it has an “further 10,000 tonnes of ancillary capability deliberate.” So if that goes ahead, then the Magdeburg Spoke (pictured above) would have a complete capability of 30,000 tonnes per yr, which might make it one of many largest services of its type in Europe.

Spokes and Hubs

Li-Cycle (NYSE: LICY) already has 4 Spokes: in Kingston, Ontario, in Canada; and in Rochester, New York, Gilbert, Arizona, and Tuscaloosa, Alabama, within the US.

Together with Magdeburg, Li-Cycle says it expects to have a complete enter processing capability of as much as 81,000 tonnes of lithium-ion battery materials yearly.

Li-Cycle’s Spokes produce an intermediate product known as “black mass,” which incorporates such precious battery supplies as lithium, nickel, and cobalt. It plans to course of the black mass the Spokes produce at its future “Hub” services. Its Hubs will course of the supplies into battery-grade finish merchandise for reuse.

The corporate’s first deliberate Hub facility, which was awarded a $375 million mortgage from the US Division of Vitality in February, is below building in Rochester and is anticipated to come back on-line later this yr.

Li-Cycle has mentioned it should additionally develop a second industrial Hub in Europe – a 50/50 enterprise with Swiss mining large Glencore. The 2 corporations plan to repurpose a part of an current Glencore metallurgical advanced in Portovesme, Italy, in Sardinia, to create what can be often called the Portovesme Hub.

A feasibility examine for the Portovesme venture is at present underway, and if it goes ahead, will probably be one of many largest sources of recycled battery-grade lithium, nickel, and cobalt in Europe.

Picture: Li-Cycle


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