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Sign upLi-Cycle Technology
A globally preeminent lithium-ion battery resource recovery technology
01.
Identification
Li-Cycle Technology™ is an economically viable, safe, and environmentally friendly process that can recycle up to 95% of materials in all types of lithium-ion batteries used in electronic devices, electric vehicles and energy storage.
Traditionally, when li-ion batteries have reached the end of life, they have predominantly been treated as waste and landfilled, or partially recycled through pyro-metallurgical processes, which have average recovery rates of 40%. However, these methods are inefficient and can lead to environmental contamination, safety hazards at general recycling plants and otherwise dampen the environmentally friendly vision of electrification. Li-Cycle Technology™ aims at recycling all types of lithium-ion batteries used in electronic devices, electric vehicles and energy storage. It can do so with an unparalleled recovery rate of over 95% of all materials. The company’s industry-leading processing technologies uniquely position it to be a key player in supporting the growing international movement towards zero-carbon technologies and the creation of a circular economy for lithium-ion batteries.
Sector
Application
Target client profile
Tags
Label Date
October 2020
From
Canada
Maturity stage
Small scale commercialization
Looking For
Network, New clients, Visibility, Funding, Partners, Credibility,
Sectors - Value chain - Application
Sectors
Applications
Design, Power & Produce
Package & Distribute
Use & Efficiency
Valorize & Restore
Value Chain Steps
- Video
- /
- Images
02.
The environmental benefits
- •74% reduction in CO2 emission
- •92% reduction in Sulphur Oxide emissions
- •92% reduction in Nitrogen Oxide emissions
- •The technology recovers over 95% of all materials found in lithium-ion batteries
- •Currently operating with a capacity of 2,500 tonnes/year, at 5000tonnes/year in Q3 2020
03.
The Financial benefits
- •Lower cost for recycled batteries
05.
Labeled Solutions in the news!
Li-Cycle Partners with Arrival to Advance EV Battery Recycling
Li-Cycle and Helbiz Partner to Advance Battery Recycling in Micro-Mobility
Li-Cycle Announces $100 Million Investment from Koch Strategic Platforms
Exclusive: Battery recycler Li-Cycle nears SPAC deal to go public - sources
Li-Cycle Corp, a recycler of lithium-ion batteries, is nearing a deal to go public through a merger with Peridot Acquisition Corp. The deal could be announced as early as Tuesday, the sources said. It represents a bet on the growing market for recycling used batteries.
Atlis Motor to recycle and reuse lithium-ion batteries with Li-Cycle
Atlis Motor Vehicles enters into an agreement with Li-Cycle to recover and recycle lithium-ion batteries. The former company is focused on developing a fully EV platform, proprietary battery cells & packs and wants to build charging infrastructure that would recharge a 500-mile battery in under 15 minutes.
GM and LG Chem’s Ultium Cells partners with Li-Cycle to process manufacturing waste
Li-Cycle: Hydrometallurgical Recycling of Lithium-Ion Batteries
The first phase of Li-Cycle's lithium-ion battery recycling hub is complete
Li-Cycle has completed the first phase of what will become the continent’s first commercial lithium-ion battery recycling Hub. The company also has a Spoke facility in Kingston, Ontario, which will also supply the Hub with black mass. All the water in the plant is recycled back through the plant.
Li-Cycle to expand US battery recycling ‘Hub’ by 40% and provide LG with nickel for the next decade
Li-Cycle has announced plans to increase the processing capacity of an upcoming New York facility by 40%. In addition to expanding its US battery recycling footprint, Li- Cycle has also entered into a letter of intent with LG to create a closed-loop battery ecosystem.
Li-Cycle recognized with World Changing Ideas Award, named finalist for Global Metals Award
Li-Cycle has been disrupting the lithium-ion battery industry. Spoke & Hub Technologies extract valuable materials from end-of-life batteries. S&P Global Platts has recognized the company as a finalist in the Scrap and Recycling Category.
06.
Company Profile
LI-CYCLE CORP.
Li-Cycle is an industry leader in lithium-ion battery recycling and resource recovery
View company profile
Headquarters
Mississauga, ON L5J 4S7, Canada
07.
Networking Partner
Cleantech Group
The Cleantech Group is a company that supports the development and marketability of clean technologies. The Cleantech Group provides members of its Cleantech network access to capital, investors, research and promotional opportunities. The group also provides advisory services for large corporations and governments.
Founded in 2002, the Cleantech Group owns the term "cleantech" as a registered trademark.
View partner profile
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances.
