Recycled Aluminium News - Project

U.S. based AMI’s new unit to recycle aluminium, cobalt and other metals from Li-ion batteries

AL Circle

The U.S. based lithium ion electric vehicle battery recycler American Manganese Inc. has announced plans to build a hydrometallurgical plant that can recycle up to 4000 tonnes of cobalt from spent lithium-ion batteries per year. The company intends to expand the operations to include aluminium recycling along with other metal recycling from various cathode chemistries at a later stage.

News

{alcircleadd}

AMI has been successfully producing rechargeable lithium-ion cobalt and lithium nickel manganese button cell batteries from 100 per cent recycled cathode material. The new facility would further expand its recycling abilities.

As per AMI’s last month’s monetary values (per 500 kg) of the metals recovered from electric vehicle lithium-ion batteries, lithium cobalt stood at US$ 5,947, nickel manganese cobalt stood at US$ 2,347, and nickel cobalt aluminium stood at US$ 1,585.

{googleAdsense}

Larry Reaugh, President and CEO of American Manganese Inc. said, “With such a significant increase in anticipated demand, recycling is poised to be an important part of the supply solution to the emerging cobalt shortage.”

Aluminium recycling from cathode chemistries will also grow with electric vehicles becoming more common in the years to come. 

Edited By:


This news is also available on our App 'AlCircle News' Android | iOS


Alternate Text
EPIQ Machinery

A world class equipment designer specialized in developing innovative & effective solutions for heavy equipment, vehicles, and material handling systems

Alternate Text
RIA Cast House Engineering

Leading supplier of rail mounted precision Furnace Charging Machines and Furnace Skimming Machines

Alternate Text
Altek

Leading manufacturer of value-added equipment for the aluminum casthouse

Alternate Text
Jagannath Company

Manufacturers & Supplier of Magnesium Metal and Aluminium Foundry Chemicals

Alternate Text
CETAG

A supplier of proven systems and an expert adviser in aluminum casthouse technology, offering its services worldwide to the aluminum industry.

Related
Business Leads
Interested to aluminium ubc scrap. Destination : Algeria
18-Mar-2024 Buying request

We are interested in purchasing large quantity of CLEAN Alum...
14-Mar-2024 Buying request

Interested to buy aluminium scrap on monthly basis Destinat...
31-Jul-2023 Buying request

Read this news article and much
more on the AL News app
Get real-time news and business
lead alerts on your phone
SUBSCRIBE NOW
Market

Market

Project

Project

Technology

Technology

Leads

Leads