The use of rechargeable lithium-ion batteries is growing steadily for many applications including its use in Electric Vehicles (EV) and Plug-in Hybrid Electric Vehicles (PHEV). The lithium-ion battery is also being used for energy storage for electrical grid networks and many other larger scale applications. lt is already the dominate battery for cell phones, laptops, and mobile electronic applications.
As these batteries reach end of life there is а need to provide а satisfactory recycling and disposal procedure for them. This is particularly true for the large format batteries which are being made for many automotive and grid storage applications.
The patent awarded today, relates to the separation and recovery of the metal components and lithium cathode materials from spent lithium ion batteries. The patent further provides for the regeneration and use of the cathode material in the lithium ion battery cells for use in new lithium ion batteries.
This technology is truly revolutionary and has the potential to create a completely sustainable manufacturing environment for lithium-ion batteries. We will be working diligently to fully commercialize this process in the coming months and years, and believe our technology will place Retriev at the forefront of large format lithium-ion battery recycling.Tags: Award, Li-Ion, Lithium-Ion, Patent, Recycling, Regeneration