When it comes to paving the way for sustainable practices, Li-Cycle, a leading player in the realm of electric vehicle battery recycling, continues to exceed expectations. Building upon its reputation as a pioneer in North America, the Toronto-based company recently unveiled its first European battery recycling center in Magdeburg, Germany. The sparked keen interest and excitement across the sustainability and automotive sectors.
Coined as a “Spoke” in the Li-Cycle lingo, the newly established Magdeburg facility sprawls over an impressive 20,000 square meters. The first of its main processing lines is now functional, boasting the capability to process full EV battery packs, while a second line, set to go live later this year, will significantly ramp up the processing capacity.
When we talk numbers, each line has the potential to handle up to 10,000 tonnes of lithium-ion battery material annually. Furthermore, the company has hinted at an additional 10,000 tonnes of ancillary capacity in the pipeline. On successful implementation, the Magdeburg Spoke would reach an astonishing total capacity of 30,000 tonnes per year, securing its position among the most extensive facilities of its kind in Europe.
Already ruling the roost with four operational Spokes located across Canada and the United States, Li-Cycle’s global footprint has significantly expanded with the addition of the Magdeburg Spoke. With this new European center, the total input processing capacity for the company could reach a whopping 81,000 tonnes of lithium-ion battery material annually.
Li-Cycle’s Spokes are designed to produce an intermediate product known as “black mass,” a treasure trove of valuable battery materials, including lithium, nickel, and cobalt. This black mass is further processed at Li-Cycle’s future “Hub” facilities into battery-grade end products, ready to be reintegrated into the battery manufacturing pipeline.
Currently under construction, the company’s first planned Hub facility in Rochester, which has secured a substantial €349 million loan from the US Department of Energy, is anticipated to be operational later this year. But the ambition doesn’t stop there. Li-Cycle, in a 50/50 joint venture with Swiss mining powerhouse Glencore, plans to transform part of an existing metallurgical complex in Portovesme, Italy, into what is tentatively named the Portovesme Hub.
If greenlit, after extensive feasibility studies are completed, the Portovesme project could become one of the largest sources of recycled battery-grade lithium, nickel, and cobalt in Europe. So while the EV market continues to grow, initiatives like these ensure that it does so sustainably. So yes, the future is electric, but thanks to Li-Cycle, it’s also recycled.