Li-Cycle - Sustainable Services
We provide sustainable and customer-centric solutions for each of our customers’ battery recycling needs. The movement towards clean and sustainable transport leads major automakers to electrify their fleets. This causes the mass adoption of lithium-ion batteries, and the environmental impacts of the spent lithium-ion batteries if poorly handled. Li-Cycle works directly with our customers to provide the best tailored services while ensuring the highest environmental standards.
Services Details
Lithium-ion manufacturing
According to Benchmark Mineral Intelligence, worldwide battery production is expected to exceed 1.5 TWh by 2028. With EVs and batteries productions ramping up tremendously, the production waste generates a significant cost to the manufacturers. At Li-Cycle, we help customers save and recycle scraps in the most sustainable way.
Consumer electronics
Lithium-ion batteries are an integral part of our daily lives. Anything that is cordless and/or rechargeable will likely contain a lithium-ion battery. However, the shelf life of all these consumer electronics is short, and many of these products end up in landfills even though Li-ion batteries contain valuable, non-renewable resources like nickel, cobalt, and manganese. Li-Cycle offers a revolutionary solution that recovers up to 95% of all battery materials found within a spent Li-ion battery and reintroduces the materials back into the supply chain.
Energy storage
A renewable energy transition is underway and will continue to roll out over the coming years, roughly between now and 2040. One of the keys to achieving high levels of renewable energy on the grid is the ability to store electricity for use at a later time. Lithium-ion batteries (like those in cell phones and laptops) are among the fastest-growing energy storage technologies because of their high energy density, high power, and high efficiency.
Li-Cycle is committed to supporting the exponential growth ahead in the energy storage sector, and our closed-loop solutions can provide a critical secondary source of battery grade materials to meet rising demand and supply chain pressures.
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