HG Ventures and American Rare Earth LLC want to scale up the recycling of batteries, magnets and e-waste with the goal of recovering and supplying rare earth metals to the US market.
US-based researchers found a way to revitalize rechargeable lithium batteries, potentially boosting the range of EVs and battery life in next-gen electronic devices.
Metal price rose on Friday, supported by a rebound in equities and tight supply, but a firmer dollar and expectations of an early US interest rate hike kept copper on track for its biggest weekly decline in more than two months.