Lithium-ion battery recycler Li-Cycle has opened its third recycling facility, in Arizona.

Commercial operations have begun at the Hydrovolt battery recycling plant in Norway, a joint venture (JV) between Norwegian materials processing company Hydro and Sweden-headquartered lithium battery manufacturing startup Northvolt.

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

The US Department of Energy (DOE) has formally launched a US$3.16 billion grant funding opportunity for its domestic battery supply chain, the latest in a series of moves to support the sector.

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. 

EU-supported European Battery Alliance (EBA) will roll out a newly updated action plan to enable 90% of the Union’s demand for batteries to be met with domestically made products by 2030.

India will not be able to meet its aim of becoming a global leader in battery manufacturing unless it establishes a value chain that embraces recycling.

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

Jaguar Land Rover is developing an energy storage system (ESS) unit powered by second life batteries from its electric vehicles.