Mastering Masses: First Cobalt to study ‘black mass’ material from recycled batteries
Toronto, Ontario — First Cobalt has begun a study of “black mass” material from recycled batteries as a supplemental source of feed for its hydrometallurgical refinery north of Toronto. The company said it believes the refinery could recover cobalt, nickel, copper, and potentially lithium and manganese—in addition to planned cobalt production from primary feed. Discussions […]
Li-Cycle Listed: Ontario battery recyclers files to go public on NYSE
Mississauga, Ontario – Li-Cycle is raising funds for global expansion by going public on the New York Stock Exchange (NYSE) in a deal that values the battery recycler at US$1.7 billion, the company announced Tuesday. The five-year-old private company has unveiled plans to merge with Peridot Acquisition Corp., an NYSE-listed special acquisition corporation (SPAC). If […]
Electric car batteries need cobalt, says Umicore
By CRM Staff Toronto, Ontario — February 14 –– Umicore has announced that cobalt will continue to be used in electric vehicle batteries, although it is becoming scarcer and more expensive. This comes in spite of recent moves toward using higher nickel compounds to boost energy density and cut costs. Marc Grynberg, chief executive officer, […]
Responsible battery coalition launches 2 million battery challenge at U.S. senate auto caucus briefing on sustainability
By CRM Staff Washington, D.C. — February 14, 2018 — A new initiative launched at the U.S Senate Auto Caucus briefing, to recover and recycle two million car batteries. The campaign is called the 2 Million Battery Challenge. A group of industry experts including battery manufacturers, retailers, recyclers and users dedicated themselves to the cause, […]
