Battery-News

Battery Recycling

BASF Pauses Battery Recycling Project in Tarragona

The German chemical company BASF has temporarily halted its planned battery recycling project at the Tarragona site in Spain. The company cites delays in expanding battery factories in Europe as the main reason. In its second quarter 2024 financial report, BASF announced that the large-scale metal refinery project at the Tarragona site will be paused. BASF is prepared to resume the project once the development of cell capacities and the adoption of electric vehicles in Europe pick up again. In July 2023, it became known that BASF was planning a recycling plant for battery materials in Tarragona. At that time, the European Commission had announced funding of 3.6 billion euros for 41 clean-tech projects, including BASF’s new battery recycling facility. The company planned to achieve high lithium recovery rates with the new technology. Currently, electric vehicle batteries last longer than initially predicted, resulting in a lower volume of end-of-life batteries available for recycling. Existing recycling plants mainly process production scraps from cell factories. Due to delays in expanding some cell factories and companies like Volkswagen’s subsidiary PowerCo building fewer capacities than planned, there is less material available for recycling facilities. Source: https://www.n-tv.de/wirtschaft/BASF-legt-Batterierecyclingprojekt-in-Spanien-auf-Eis-article25118239.html

BASF Pauses Battery Recycling Project in Tarragona Read More »

Altilium and Connected Energy Aim to Extend Life of EV Batteries

UK-based battery recycling company Altilium and Connected Energy, a developer of second-life battery energy storage systems, have announced a strategic partnership. The aim is to extend the life of electric vehicle batteries and develop sustainable business models for recycling and reuse. Further details of the collaboration, such as a timeline, were not disclosed by the companies. Recycling Only After Second-Life Use Connected Energy is developing energy storage systems based on second-life electric vehicle batteries. By reusing EV batteries in stationary systems, the company aims to extend the life of the batteries by up to ten years. After this second life, the batteries can be recycled to recover valuable minerals.  Altilium focuses on this recycling and the production of cathode active materials for direct use in new batteries. According to the company, its proprietary recycling process recovers more than 95% of the battery metals, including lithium. These can be used directly in the production of new batteries. The company is currently planning its first industrial-scale recycling refinery in Teesside, UK. This facility is planned to be able to recycle used batteries from 150,000 electric vehicles per year and produce 30,000 tons of CAM. Source:https://altilium.tech/2024/07/08/altilium-and-connected-energy-collaborate-to-extend-the-lifecycle-of-ev-batteries/

Altilium and Connected Energy Aim to Extend Life of EV Batteries Read More »

Scroll to Top