Li-Cycle Corp.

Published purpose

Lithium-ion (li-ion) batteries using lithium iron phosphate (LFP) cathode materials represent over 20% of global li-ion batteries. Recycling of li-ion batteries today has neglected this chemistry due to the lack of valuable metals such as nickel and cobalt. Li-Cycle aims to further scale up its patent-pending process to recover lithium from these LFP batteries in an economically viable way, sufficient for re-use in the battery value chain. This pilot project could potentially enable a world-first innovation – demonstration of the key underpinnings for the economic/profitable resource recovery of LFP batteries, which until date have been treated completely as a waste globally (e.g. typically thermally processed/burned and landfilled).