Battery recycling firm Nth Cycle recently raised over $12M to fund commercial deployment of the company’s recovery technology. | DAMRONG RATTANAPONG/Shutterstock
As electric vehicles and lithium-ion battery devices become ever-more ubiquitous, battery recyclers are expanding their operations and improving technology. The following are updates on two startups.
A brewing military conflict in Eastern Europe and U.S. monetary policy changes are among the numerous influences on the price of gold, a key e-scrap metal. | Sebastian_Photography/Shutterstock
Just a couple months ago, experts were predicting a continued rise in gold prices because of inflation concerns. Now, with global and domestic developments, the outlook isn’t so certain.
Mitsubishi Materials collects and prepares e-scrap feedstock at its Netherlands company MM Metal Recycling (MMMR). | Courtesy of MMMR
Mitsubishi Materials, a global e-scrap metals recovery company, has developed a software system to ease PCB shipments, assaying and purchasing.
Battery Resourcers is planning a 154,000-square-foot processing facility in Georgia. | Courtesy of Battery Resourcers
Lithium-ion battery recycling company Battery Resourcers will open a $43 million electric vehicle battery recycling facility in Georgia, the company announced.
In its sustainability report, Glencore noted it is looking to grow its metals recycling capabilities in North America. | PixieMe/Shutterstock
Glencore harvested nearly 100,000 pounds of precious metals and 60 million pounds of copper from electronic scrap last year, according to the company’s 2021 sustainability report.
Analysts suggest there is not a critical mass of end-of-life EV batteries available to support fast scaling of the industry. | Sergii Chernov/Shutterstock
Lithium-ion battery recycling facilities are being announced with greater frequency, many aiming to capture the emerging supply of end-of-life electric vehicle batteries. But a research firm says several factors will prevent this industry from ramping up until after 2030.
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N2S has been conducting bioleaching trials on Colt Technology Services’ end-of-life electronics. | Funtap/Shutterstock
An electronics reuse and recycling company is conducting trials of a technology to recover precious metals from end-of-life network and data center equipment.
Gold is an important commodity in the e-scrap stream. | ago87/Shutterstock
Prices for a key e-scrap precious metal have increased to near several-month highs of late, and analysts say the price may increase to 2020 highs depending on wider economic trends.
PeopleForBikes, a bicycle industry trade association, is working with battery stewardship group Call2Recycle to kick-start the voluntary lithium-ion battery recycling program. | Golden Shrimp/Shutterstock
A voluntary e-bike battery stewardship program launches, and a startup receives a $2 million contract to demonstrate its battery recycling technology. Those items are among recent announcements related to lithium-ion battery recycling.
