Enervenue has already got 5GWh of customer orders for its metal-hydrogen battery for stationary storage.

Natural resources giant Glencore has agreed to back the Canadian battery recycler to the tune of US$200 million.

Ongoing supply chain challenges and the impact of Russia’s war on Ukraine have affected the quarterly revenues of LG Energy Solution.

Li-Cycle has been selected as preferred battery recycling partner to LG Chem and LG Energy Solution for their North America operations.

Redwood Materials CEO JB Straubel told a US Senate hearing his company already receives approximately 6GWh of end-of-life lithium-ion batteries for recycling annually. 

Li-Cycle has seen its revenues rise although the cost of expansion to meet expected future demand remains high.

Ascend Elements will recycle manufacturing scrap from SK Innovation’s lithium battery gigafactories in Georgia, US.

Tesla is ambitious to grow its energy storage business in 2022, after it reported a 32% year-on-year increase in battery storage deployments, executives including CEO Elon Musk have said.

The company behind what is claimed will be the largest lithium-ion battery recycling facility in North America intends to process as much material as it can from the energy storage system (ESS) industry. 

LG Chem and LG Energy Solution have agreed to make a US$50 million investment into lithium-ion battery resource recovery and recycling company Li-Cycle.