Chemical giant BASF partners up with Fortum and Nornickel to plan a battery recycling cluster in Harjavalta, Finland, in an effort to create more circular production models.
The cluster aims to reuse the critical metals from recycled batteries for the production of new electric vehicle batteries, therefore creating a “closed-loop”.
“The combination of battery materials production and recycling enables the circular economy by closing the loop,” says Tim Ingle, BASF’s Vice President for Precious Metals Refining, Chemicals & Battery Recycling. “To drive electrification, we are focused on bringing solutions for high energy density cathode active materials and high-efficiency lithium extraction for battery recycling.”Source : https://www.csreurope.org/newsbundle-articles/basf-sets-preconditions-to-recycle-raw-materials-in-electric-vehicle-batteries
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27 May 2020