FRANKFURT (Reuters) - Mercedes-Benz laid the foundation stone for a sustainable battery recycling factory in Kuppenheim, southern Germany on Friday. The pilot plant will have an annual capacity of 2500 tonnes and will contribute to
Mercedes-Benz held its groundbreaking ceremony for a new battery recycling factory in Kuppenheim, Germany, which will help reduce resource consumption and establishing closed-loop recycling of battery raw materials. Mercedes-Benz lays the foundation for a sustainable battery recycling factory in Kuppenheim in southern Germany. The first stage of the plant mechanical dismantling.
Mercedes-Benz’ battery recycling subsidiary Licular GmbH founded in 2021 is heading the consortium for LIBinfinity, a €17-million battery-recycling project funded by the German Federal Ministry for Economic Affairs and Climate Action (BMWK). LIBinfinity focuses on a holistic concept for recycling materials of lithium-ion batteries using a mechanico-hydrometallurgical process without energy-intensive process steps..
Neometals CEO Chris Reed made just under $250 million from a $2 million dollar investment in lithium mining. Now he’s betting on an even bigger opportunity.