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Canada’s Budget 2022 calls for C$3.8B to launch Critical Minerals Strategy

Green Car Congress

The introduction of a new 30% Critical Mineral Exploration Tax Credit for specified mineral exploration expenses incurred in Canada and renounced to flow-through share investors.

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GM battery fabrics funding in Quebec to manage $1 billion

Baua Electric

CAM contains parts equivalent to processed nickel, lithium and alternative fabrics that produce up about 40 in step with cent of the price of a battery. The Quebec and federal governments are kicking in C$150 million every. It’ll assemble cathode energetic subject material (CAM) for EV batteries.

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ARPA-E awarding $39M to 16 projects to grow the domestic critical minerals supply chain

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The selected projects, led by universities, national laboratories, and the private sector aim to develop commercially scalable technologies that will enable greater domestic supplies of copper, nickel, lithium, cobalt, rare earth elements, and other critical elements. Earlier post.)The Earlier post.)The

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Groundbreaking for Mercedes-Benz battery recycling factory in Kuppenheim, Germany

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Mercedes-Benz is investing a double-digit million Euro amount in the construction of the balance sheet CO 2 -neutral plant, which is funded by the German Federal Ministry of Economics and Climate Protection as part of a scientific research project.

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The Importance of Recycling and Repurposing EV Batteries

Setec Powerr

Valuable materials such as cobalt, nickel, lithium, and copper are then extracted and refined, removing impurities to meet quality standards for reuse. They replace worn-out parts, giving these batteries a new lease on life for various applications. This step often combines mechanical and chemical methods to ensure safety.

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GM Back in the EV Spotlight

Green Car Congress

Noting similar challenges for other OEMs, Casey Selecman, a forecast director with AutoForecast Solutions, stated, “Everyone is up against it globally, there are looming threats of shortages for nickel, lithium, graphite and cobalt.”

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Momentum Technologies licenses ORNL MSX process to recover metals from spent Li-ion batteries

Green Car Congress

Less than 5% of spent lithium-ion batteries in the United States are recycled. Several critical elements are used in the lithium-ion batteries that power electric vehicles, such as cobalt, nickel, lithium and manganese.

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