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Li-Cycle starts operations at its first European lithium-ion battery recycling facility

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Each main line has the capacity to process up to 10,000 tonnes of lithium-ion battery material per year. Germany represents the largest market for both battery manufacturing scrap and the expected supply of end-of-life lithium-ion batteries in Europe. A definitive feasibility study for the project is currently underway.

Li-ion 280
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VinES and Li-Cycle announce strategic, long-term battery recycling agreement

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Li-Cycle Holdings and VinES Energy Solutions , a member of Vietnam-based Vingroup, signed a definitive agreement for a long-term recycling relationship. The company has recently commissioned a lithium-ion battery cell manufacturing facility in Hai Phong, Vietnam, and expects to further expand its production capacity in the country.

Vietnam 352
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Benchmark: Lithium industry needs more than $116B to meet automaker and policy targets by 2030

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But without large increases in the amount of lithium, these targets will be impossible to hit. With the amount of lithium production forecast by Benchmark for 2030, only 3.2 TWh of lithium ion batteries can be produced, highlighting that the mineral is a constraining factor. The EU has an ICE ban from 2035.

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Solvay and Orbia to create JV to supply PVDF to battery market; largest capacity in N America

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With more than half of US car sales projected to be electric by 2030, demand for lithium-ion batteries and PVDF, a thermoplastic fluoropolymer used as a lithium-ion binder and separator coating, is soaring. Both plants are expected to be fully operational by 2026.

Supplies 273
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Meta Materials acquires assets and IP of Optodot; battery separators and coating technology

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a developer of high-performance functional materials and nanocomposites, signed a definitive agreement to acquire substantially all of the assets and intellectual property, including 67 issued and 22 pending patents, of Optodot Corporation for an aggregate of $48.5 The global market for lithium-ion battery separators was an estimated $5.1

Batteries 481
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Battery company Vehicle Energy Japan to become Nissan subsidiary

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Nissan Motor entered into a definitive agreement to acquire shares in Vehicle Energy Japan , an automotive lithium-ion battery manufacturer. It develops, manufactures, and sells lithium-ion battery cells, battery modules, and battery management systems for hybrid vehicles. formerly, Hitachi Vehicle Energy, Ltd.)

Japan 199
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Glencore and Li-Cycle to study developing recycling hub to be largest source of recycled battery-grade lithium, nickel and cobalt in Europe

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an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, signed a Letter of Intent to jointly study the feasibility of, and later, develop a Hub facility in Portovesme, Italy. The DFS is expected to be completed by mid-2024.

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