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President Joe Biden's strategy to make the United States a powerhouse in electric vehicles will include boosting domestic recycling of batteries to reuse lithium and other metals, according to government officials. As Biden makes fighting climate change and competing with China centerpieces of his agenda, the administration is set to wrap up a 100-day review on Friday of gaps in supply chains in key areas, including electric vehicles (EV). These gaps include the minerals used in EV batteries and consumer electronics. ....
Technology entrepreneur Elon Musk once described the ongoing use of fossil fuels and their generation of a vast carbon footprint as “the dumbest experiment in human history.” ....
Synopsis The recycling initiative is already underway at the Charlotte, North Carolina-based company, with a joint development agreement in place with a customer and the company looking at making investments with original equipment manufacturers. iStock Recycling is viewed by environmental groups as one important way to reduce new mining projects. The world’s biggest lithium miner wants to extract more of the battery metal from old cars as demand surges and aging electric vehicles are traded in. Albemarle Corp. is making investments and partnering with automotive equipment manufacturers on the recycling effort, which it calls “critical” to its future growth. ....
Press release content from Business Wire. The AP news staff was not involved in its creation. Li-Cycle and Ultium Cells LLC Announce Agreement on Recycling of Battery Manufacturing Scrap May 11, 2021 GMT TORONTO (BUSINESS WIRE) May 11, 2021 Li-Cycle Corp. (“Li-Cycle” or “the Company”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, today announced an agreement with Ultium Cells LLC (“Ultium”), a joint venture of General Motors (“GM”) and LG Energy Solution (“LGES”), to recycle up to 100% of the scrap generated by battery cell manufacturing at Ultium’s Lordstown, Ohio battery cell plant. Li-Cycle will recover the raw materials contained in the scrap, transforming them into valuable products and helping contribute to the circular economy. ....