BASF, Stena Recycling Collaborate on EV Battery Recycling
09 Janeiro 2024 - 9:17AM
Dow Jones News
By Nina Kienle
BASF said it has entered into an agreement with Sweden's Stena
Recycling for the recycling of electric-vehicle batteries in
Europe.
The German chemicals company said Tuesday that the collaboration
seeks to improve recycling processes to recover more raw materials
used in batteries such as lithium, nickel and cobalt. Financial
details weren't disclosed.
The agreement sees Stena Recycling collect and pre-treat
lithium-ion batteries that have reached their end of life and
scraps of battery production in its facility in Halmstad, Sweden,
to obtain so-called black mass. BASF said it will then further
process and refine the black mass in its battery-recycling
prototype refinery in Schwarzheide, Germany, to recover valuable
metals needed for new batteries.
"The use of recycled metals in the production of new batteries
reduces a battery's carbon footprint significantly," BASF said.
The agreement is part of a broader collaboration between the two
companies aimed at setting up a battery recycling value chain for
the European market, BASF said.
Write to Nina Kienle at nina.kienle@wsj.com
(END) Dow Jones Newswires
January 09, 2024 07:02 ET (12:02 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
BASF (TG:BAS)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
BASF (TG:BAS)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024