Electronics recycling processor HOBI International has struck a deal with a downstream recycler to handle more lithium batteries from electric vehicles (EVs).
The Dallas-headquartered processor will collaborate with battery recycling company Retriev Technologies on collection of EV batteries throughout North America, according to a press release.
Retriev uses a patented hydrometallurgical process to recover materials necessary for the manufacturing of new lithium-ion batteries.
“The rapid electrification of the U.S. consumer, commercial, and industrial business sectors requires rapid response and structuring from experienced members of the recycling industry,” Craig Boswell, president of HOBI, stated in the release.
Mike Blankenship, HOBI’s director of marketing, told E-Scrap News both companies are actively involved in sourcing batteries and providing reverse logistics for EV infrastructure.
“The economics are a challenge for the EV battery recovery market. That is why this partnership is so important,” he said. “The two companies together provide multiple regional facilities, expertise in testing and refurbishment for possible reuse solutions, years of expertise in safe handling and demanufacturing, and best-in-class material recovery.”
HOBI has facilities in Arizona, Illinois and Texas. Retriev has locations in Anaheim, Calif.; Baltimore, Ohio; Lancaster, Ohio; and Trail, British Columbia.
Blankenship said HOBI will work with Retriev’s headquarters facility in Lancaster, where the company recycled lithium batteries and batteries of other chemistries.
“As more states adopt measures similar to California, which has implemented a ban on internal combustion engines sold in the state starting in 2030, the EV market will grow exponentially in the coming years,” Rick Rose, vice president of Retriev Technologies’ Ohio Corporate Headquarters, stated in the release. “The end-of-life management and recycling of these batteries is critical for environmental safety and sustainability, and it must be addressed now.”
