Battery Resourcers, Honda enter EV battery recycling deal – S&P Global
Highlights
Batteries To be used in manufacturing Of latest cathode suppliess
Massachusetts plant In a place to 97% metallic restoration from batteries
Battery Resourcers has entered into an settlement with American Honda Motor to disassemble and recycle spent lithium-ion batteries from the automaker’s electrical automobiles for the manufacturing of battery-ready cathode-lively suppliess, The corporations said June 28.
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“The protected And pretty priced recycling of spent lithium-ion batteries is An monumental problem for carmakers and battery producers, particularly since hundreds of hundreds of EVs are anticipated to hit the road Inside The approaching years and new legal guidelines mandate the recycling of spent batteries and Using recycled metallics in new batteries,” The corporations said in A press launch.
“Finally, Battery Resourcers and Honda Can additionally work collectively To reinforce recyclability and to reintegrate recycled supplies again into Honda’s supplies current chain.”
Battery Resourcers CEO Mike O’Kronley said The agency’s closed-loop recycling course of satisfies environmental and regulatory considerations by extracting useful suppliess from used batteries Which might in any other case go to waste.
The Massachusetts-based mostly battery recycling agency presently operates a vertically constructed-in recycling and refining plant in Worcester, Massachusetts, the place the batteries from Honda Shall be course ofed.
The Worcester plant Is in a place to attaining 97% metallic restoration from a mixed stream of used lithium-ion batteries To current accomplished nickel-manganese-cobalt (NMC)-based mostly cathode suppliess.
Battery Resourcers eventually plans to course of Honda’s batteries at a enterprise-scale plant that Shall be operational Inside The primary half of 2022. The mannequin new website Shall be In a place to course ofing Greater than 20 million lb of batteries yearly.