Canadian technology to recover strategic metals from used Li-ion batteries secures over $20 million in funding

0

According to Lithion, the recent capital injection will help build and commission its first commercial battery dismantling and reprocessing plant in Quebec in 2023, as well as build and launch a development center technology to work on adapting its solution to future battery chemistries and material specifications.

The funds will also be used to carry out detailed engineering studies for the construction of Lithion’s own hydrometallurgical plant in Quebec.

“Lithion aims to provide industry with the sustainability technology needed to build a circular economy for batteries,” said Benoit Couture, the company’s president and CEO, in a press release. “Technological advancements and process optimization at our demonstration plant over the past two years have increased the attractiveness of global players in the transportation electrification ecosystem who wish to license the Lithion solution to meet the needs of their local markets. We are entering an exciting phase of our business development here in Asia and soon in the United States and Europe.

The company’s solution begins with the mechanical separation of plastic and metals in Li-ion batteries and then runs the devices through hydrometallurgical processes that purify the different metals contained in the cathode.

Hydrometallurgical processes include a leaching step that dissolves metal oxides in an aqueous solution, as well as several precipitation and separation steps to obtain high purity components.

Share.

About Author

Comments are closed.