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

<p>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.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/Libatteryrecycling.jpg" alt="News" width="460" height="360" /></p> <p>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.</p> <p>As per AMI&rsquo;s last month&rsquo;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.</p> <p>{googleAdsense}</p> <p>Larry Reaugh, President and CEO of American Manganese Inc. said, &ldquo;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.&rdquo;</p> <p>Aluminium recycling from cathode chemistries will also grow with electric vehicles becoming more common in the years to come.&nbsp;</p>