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Li-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
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- 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.
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
06.
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
Solutions Associated
47
07.
Related Topics
08.
Complementary solutions
Connect with the innovator
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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.
