LG Energy Solution and Toyota Tsusho have announced the establishment of the Green Metals Battery Innovations joint venture for the recycling of batteries in the United States. A plant for the pre-processing of battery raw materials is to be built in Winston-Salem, North Carolina. The aim is to recover black mass. The facility will process production waste from the manufacture of electric vehicle batteries.
Production to begin in 2026
Start of production is scheduled for 2026, witjh a planned capacity of 13,500 tons of battery scrap per year, which corresponds to around 40,000 vehicle batteries. Although the plant only covers the first processing step, both companies emphasize their ambition to develop a closed-loop system along the entire battery value chain. The extracted black mass is to be processed externally into nickel, cobalt, and lithium. The aim is to re-use the recycled raw materials in battery production.
Source:
https://news.lgensol.com/company-news/press-releases/3992