Cirba Solutions invests $200m in Ohio Li-ion battery processing facility expansion
It will be one of the largest battery recycling facilities operating in North America.
It will be one of the largest battery recycling facilities operating in North America.
The two companies will initially invest $3.5 billion and create 2,200 jobs at the battery facility in southwestern Ohio.
If the answer to the energy crisis is a faster rollout of renewable alternatives to fossil fuels, then the problem is that the current situation is hindering the solution.
General Motors will invest up to $69 million and take an equity stake in Queensland Pacific Metals.
The new type of batteries can be 90+% charged in less than five minutes, and they withstand a wider range of temperatures with reduced fire risk.
From the lithium and cobalt needed for electric vehicle batteries to the rare earth metals which power wind turbines, procuring all of these metals comes at a cost to the environment.
Toronto-based researchers are using supercritical fluid extraction to recover metals from end-of-life Li-ion batteries.
Mineral royalties accounted for 2.8% of Zimbabwe's tax revenue in 2021, Zimbabwe Revenue Authority data shows.
The deal marks a further move by the world's fourth largest carmaker to lock down supplies of metals needed for batteries that power EV cars.
The US Department of Labor included lithium-ion batteries among the 158 goods from 77 countries that the department believes are produced by child labor or forced labor.