Fortum, the Finnish state-owned energy company, has said that recycling rates for lithium-ion batteries could increase from the usual 50% to over 80% through the use of new hydrometallurgical technology from Finnish company Crisolteq. According to Fortum, recycling rate could increase from the usual 50% to more than 80% using new hydrometallurgical technology, developed by Finnish company Crisolteq. " The technology enables cobalt, lithium, manganese and nickel to be removed from the old batteries, and reused in new ones. Fortum is also carrying out pilots of battery “second-life” energy storage schemes, and is establishing a network of charging infrastructure. In addition, there are plans afoot at several European companies to develop their own technologies for storing renewable energy.
Fortum, the Finnish state-owned energy company, has said that recycling rates for lithium-ion batteries could increase from the usual 50% to over 80% through the use of new hydrometallurgical technology from Finnish company Crisolteq. The technology enables cobalt, lithium, manganese and nickel to be removed from the old batteries, and reused in new ones. Fortum is also carrying out pilots of battery “second-life” energy storage schemes, and is establishing a network of charging infrastructure. In addition, there are plans afoot at several European companies to develop their own technologies for storing renewable energy.