Cyclewell Technologies’ lithium battery recycling process and equipment system is based on high chemical design standards. With the advantages of advanced recycling technology and intelligent equipment, Cyclewell has solved the problems of high safety risk, serious secondary pollution and poor economy in the lithium battery recycling industry.

ICM: Can you tell me about Veolia’s hazardous waste activities and battery recycling in particular ?

Jean-François Nogrette: Veolia has been involved in hazardous waste management for 50 years and it’s now one of our core and fastest growing activities with important expansions in Europe, Asia and North America. It’s the reason why…

ICM: What made Fortum decide to enter the battery recycling market?

Tero Holländer: As you know, Finland is a major source of primary battery materials and has a long history of implementing low CO2 solutions in its installations. We see that in the future, batteries will of course play an ever-increasing role in the energy infrastructures of the future. The Fortum group is…

ICM: What is the current context for Light Means of Transport (LMT) batteries?
Gunter Flinspach: Lithium-ion technology is the enabler of the success story of light electric mobility. Over 5 million eBikes have been sold In the European Union last year. This makes the eBike…

The global lithium-ion battery recycling sector will be worth US$ 22.8 billion (EUR 21 billion) by 2030, up from US$ 4.6 billion last year. This represents a sizeable compound annual growth rate of 19.6% during the forecast period, according to analysts at Research&Markets.

The lithium-ion battery recycling market is will witness ‘intense growth’ across different end-use industries, especially the automotive and industrial industry. The new report says North America dominated the lithium-ion battery market in 2020 and is projected to lead in the next eight years.