A big North American EV battery recycler just launched in Europe

Li-Cycle at this time launched certainly one of Europe’s largest lithium-ion battery recycling facilities, and it might probably course of full EV battery packs.

Li-Cycle in Germany

Toronto-headquartered Li-Cycle’s first European battery recycling heart – what the corporate calls a “Spoke” – is in Magdeburg, Germany, northwest of Leipzig.

The Magdeburg Spoke’s first important processing line on the 20,000-square-meter (215,000-square-foot) facility is on-line, and it’s able to processing full EV battery packs. Its second important line is anticipated to launch later this yr.

Every important line has the capability to course of as much as 10,000 tonnes of Li-ion battery materials yearly.

The corporate says it has an “extra 10,000 tonnes of ancillary capability deliberate.” So if that goes ahead, then the Magdeburg Spoke (pictured above) would have a complete capability of 30,000 tonnes per yr, which might make it one of many largest services of its variety in Europe.

Spokes and Hubs

Li-Cycle (NYSE: LICY) already has 4 Spokes: in Kingston, Ontario, in Canada; and in Rochester, New York, Gilbert, Arizona, and Tuscaloosa, Alabama, within the US.

Together with Magdeburg, Li-Cycle says it expects to have a complete enter processing capability of as much as 81,000 tonnes of lithium-ion battery materials yearly.

Li-Cycle’s Spokes produce an intermediate product known as “black mass,” which incorporates such invaluable battery supplies as lithium, nickel, and cobalt. It plans to course of the black mass the Spokes produce at its future “Hub” services. Its Hubs will course of the supplies into battery-grade finish merchandise for reuse.

The corporate’s first deliberate Hub facility, which was awarded a $375 million loan from the US Department of Energy in February, is below building in Rochester, and it’s anticipated to come back on-line later this yr.

Li-Cycle has stated it would additionally develop a second business Hub in Europe – a 50/50 enterprise with Swiss mining big Glencore. The 2 corporations plan to repurpose a part of an present Glencore metallurgical advanced in Portovesme, Italy, in Sardinia, to create what will likely be often called the Portovesme Hub.

A feasibility examine for the Portovesme venture is at present below approach, and if it goes ahead, it might be one of many largest sources of recycled battery-grade lithium, nickel, and cobalt in Europe.

Photograph: Li-Cycle

When you’re contemplating going photo voltaic, it’s at all times a good suggestion to get quotes from a couple of installers. To be sure to discover a trusted, dependable photo voltaic installer close to you that provides aggressive pricing, try EnergySage, a free service that makes it straightforward so that you can go photo voltaic. It has a whole lot of pre-vetted photo voltaic installers competing for what you are promoting, guaranteeing you get high-quality options and save 20-30% in comparison with going it alone. Plus, it’s free to make use of, and also you received’t get gross sales calls till you choose an installer and share your cellphone quantity with them.

Your personalised photo voltaic quotes are straightforward to check on-line and also you’ll get entry to unbiased Vitality Advisors that can assist you each step of the best way. Get began here. –advert*