The best lithium-ion battery resource recovery technology in the world.
Li-ion batteries have usually been thrown away or partially recycled through pyrometallurgical processes, which have an average recovery rate of 40%, when they reach the end of their useful lives. But these methods aren’t very good and can hurt the environment and make recycling plants less safe. They also don’t fit with the idea that electrification is good for the environment. The goal of Li-Cycle TechnologyTM is to recycle all kinds of lithium-ion batteries that are used in electronics, electric cars, and energy storage. It can do this by reusing more than 95% of all materials, which is the highest rate in the world. The company’s processing technologies are the best in the industry, which makes it a key player in the growing global movement toward zero-carbon technologies and the creation of a circular economy for lithium-ion batteries.
Positive facts about Li-Cycle Technology
74% reduction in CO2 emission
92% reduction in Sulphur Oxide emissions
92% reduction in Nitrogen Oxide emissions
The technology recovers over 95% of all materials found in lithium-ion batteries
Currently operating with a capacity of 2,500 tonnes/year, at 5000tonnes/year in Q3 2020
Lower cost for recycled batteries
Video about Li-Cycle Technology
https://www.youtube.com/embed/Rs-jpCyhHVI
Li-Cycle Technology website : https://li-cycle.com/