Fortum, BASF & nornickel: circular economy in battery recycling

Fortum, BASF & nornickel: circular economy in battery recycling-economy

Ludwigshafen, Germany and Harjavalta, Finland: Fortum, BASF and Nornicken have signed a letter of intent to planning a battery recycling cluster in Harjavalta, Finland, which should operate the electro-market. This would allow a successfully closed cycle to reuse the critical metals contained in the old batteries.

The use of metals from recycled batteries for the production of battery materials provides a significant CO2 reduction in the production of electric cars. An additional CO2 reduction can be achieved through the use of electricity from renewable sources in Finland for the recycling process.

“Due to the recycling of valuable metals in lithium-ion batteries, we reduce the environmental impact of electric car batteries by supplementing the supply of cobalt, nickel and other critical metals from primary sources. Through our earlier acquisition of the Finnish growth company Crisolteq, an expert for hydrometallurgical processing with low CO2 emissions, we are very proud that Fortum is now able to recover the recovery rate of valuables in lithium-ion batteries from 50 to more than 80 percent increase.”- Tero Dutch, Head of Business Development, Fortum Recycling and Waste.

BASF intends to use recycled materials from the procedures developed by companies under this cooperation in their planned production for pre-products for battery materials in Harjavalta, Finland. “The combination of battery material production and recycling enables the circular economy,” says Tim Ingle, Vice President Precious Metals Refining, Chemicals & Battery Recycling at BASF. “In order to drive the electrification, we focus on offering high energy density cathode materials and high-efficiency lithium extraction for battery recycling.”

Companies strive to promote the production and use of responsibly produced, recycled raw materials on the battery market. “A modern recycling plant alongside Nornickel Harjavalta would further strengthen its position as one of the world’s most sustainable nickel refinery. This facility is ideal for sustainable processing of two of the most important metals used in lithium-ion batteries. The development of recycling solutions will not only support the strategy of nornickel to further reduce its CO2 footprint and improve sustainability. It is also important to enable industry to satisfy the growing demand for critical metals in the electric vehicle sector, “says Joni Hautojarvi, Managing Director of Nornickel Harjavalta.

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