- the source for market opinions


November 15, 2021 | Battery Cells Made with Recycled Metals

Danielle Park

Portfolio Manager and President of Venable Park Investment Counsel ( Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog:

Disruptions in global supply chains have accelerated interest in recycling materials of all kinds, especially in the electric vehicle sector.  As major economies transition to emission-free vehicles over the next decade and beyond, recycling battery components is a huge growth area, and innovation is naturally rising to the opportunity, see Northvolt produces battery cells with recycled nickel, manganese and cobalt:

Swedish battery firm Northvolt said Friday it had produced its first battery cell with what it described as “100% recycled nickel, manganese and cobalt.”

In a statement, the Stockholm-headquartered company — which has attracted investment from Goldman Sachs and Volkswagen, among others — said the lithium-ion battery cell was manufactured by its recycling program, Revolt.

The cell’s nickel-manganese-cobalt cathode had been produced using metals “recovered through the recycling of battery waste.” Tests showed that performance was on a par with cells made using metals that had been freshly mined, Northvolt said.

On Friday, the business said the design of its own recycling facility would be expanded so it could recycle 125,000 tons of batteries annually.

…It will use materials from end-of-life EV batteries as well as scrap from Northvolt Ett, the company’s gigafactory, where the first battery is expected to be produced before the end of 2021.

Like peak oil theorists since the 1950s, those adamant that a shortage of metals will prevent the migration to EVs from ICE (internal combustion engines) are ignoring the role human ingenuity plays in evolving our systems and solutions over time.

And for those convinced that EV production is worse for the environment than ICE, a study commissioned by The Wall Street Journal from The University of Toronto found that at 20,600 miles, the greenhouse gas emissions from building and driving the two cars are roughly the same. Then EVs win for the rest of their extended lifespan–even assuming the mining of virgin metals for battery manufacturing.

Recycling battery materials will improve the environmental and financial equations even more in favour of EVs.

STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the Weekly Recap.

November 15th, 2021

Posted In: Juggling Dynamite

Post a Comment:

Your email address will not be published. Required fields are marked *

All Comments are moderated before appearing on the site


This site uses Akismet to reduce spam. Learn how your comment data is processed.