American Battery Tech Co (ABAT)

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There’s a huge opportunity—and need—for better lithium-ion battery recycling. Less than three percent of lithium-ion batteries are recycled, and the few facilities that do recycle these batteries can only recover a handful of elements, according to Ryan Melsert, CTO of American Battery Metals Corporation.

battery manufacturers are fully focused on scaling up production to meet increasing demands for electric vehicles and energy storage systems, so they need other companies to develop better recycling systems.

Using this wide breadth of knowledge, the company has developed a full recycling process that can recover over 95 percent of each of the elemental metals that are integral to manufacturing new batteries.

“If you consider an end-of-life battery itself as its own mine, it has every element needed, and in exactly the right ratio, to make a new battery,” Melsert explains. “An individual battery cell is a closed system, so while over time the compounds degrade, the elemental composition of the battery is exactly the same at the end-of-life as the day it was manufactured. Additionally, it has fewer impurities as a feedstock than when starting off with a virgin material, which greatly simplifies the extraction processes. It’s the perfect feedstock to extract elements for the manufacturing of new battery cells.”

Source: https://www.greentownlabs.com/circularity-challenge-spotlight-american-battery-metals-corporation/