No Battery Borders: Electra signs deal to recycle Japanese-sourced EV batteries in Ontario
Toronto, Ontario — In a deal that will link North American and Asian auto recycling markets, Electra Battery Materials issued a press release stating it has signed a battery recycling and cobalt sulfate supply agreement with Japanese conglomerate Marubeni Corporation. The deal will see Marubeni working alongside Electra to help source lithium-ion battery material for […]
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 […]
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, […]
