Lithium-ion battery recycler Aleon Renewable Metals (ARM) has partnered with conductive nanocoatings provider Forge Nano to recycle batteries and supply battery materials for electric vehicles and energy storage systems.
Under the partnership, ARM will recycle Forge Nano’s battery scrap at its facilities in Oklahoma and Texas. The company will use Forge Nano’s technology to make cathode active materials (CAM) from the battery grade materials it produces. ARM’s facility is expected to produce battery grade materials equivalent to 35 GWh of renewable power annually.
By using Forge Nano’s atomic layer deposition coating technology, Atomic Armor, the partnership aims to make battery recycling easier and more cost effective while producing CAMs that are longer-lasting and safer than current batteries on the market.
“Our high-purity, cost-competitive battery grade materials are positioned to meet the growing domestic demands of the EV market for metal sulfates and lithium compounds used in high-performance cathodes,” said Tarun Bhatt, CEO of Aleon Renewable Metals. “With our experience in metal recovery and commitment to sustainable solutions, we are excited to partner with Forge Nano to develop downstream cathode active materials. Together, we will address the projected lithium, nickel, and cobalt supply/demand deficits to create a more attractive environment for sustainable energy production.”
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Both Forge Nano and ARM are active members of NAATBatt and the MPSC and are committed to creating a sustainable battery ecosystem.
“In partnership with Aleon Renewable Metals, our technology will be used to provide sustainable and significant cost and performance advantages over competing recyclers making CAMs,” said James Trevey, CTO, Forge Nano. “With the cost and performance benefits enabled by Atomic Armor, implementation of this U.S.-born nano-coating technology into the battery-recycling loop embodies the leapfrog improvement in technological advancement everyone has been waiting for in the lithium-ion battery industry.”
According to estimates, around three billion batteries are thrown away every year in the U.S. alone, posing significant environmental and economic threats beyond the battery’s lifetime.