Finland's Fortum Lithium Battery Recycling Rate Is Over 80%

Finland's Fortum Lithium Battery Recycling Rate Is Over 80%

Date:Oct 21, 2019

According to foreign media reports, Finnish energy supplier Fortum is entering the lithium-ion battery recycling market. The company uses the process developed by Crisolteq of Finland, claiming that it can recover more than 80% of the materials in each battery, and the current battery recycling rate on the market is about It is 50%. Fortum expects that with the surge in demand for electric vehicles, by 2025, the global battery recycling market will reach a market value of at least 20 billion euros (about 23 billion US dollars, 154.3 billion yuan). Fortum recycles batteries using a hydrometallurgical process, first by separating plastics, aluminum and copper, allowing the cells to be safely mechanically treated and allowing the separated materials to enter their respective recovery processes; then, the cobalt, manganese, nickel and Lithium is recycled and returned to the battery manufacturer for the production of new batteries.

In addition, Fortum is also using the battery to test "secondary" applications, which are no longer suitable for applications such as electric vehicles and have been phased out as fixed energy storage devices.

In February, Volkswagen announced that it had started a battery recycling plant pilot project in Salzgitter, Germany, which said the long-term goal was to recover 97% of the materials in each battery. The Belgian company Umicore is currently able to recycle batteries from approximately 150,000 to 200,000 electric vehicles. Modern, batteries can and are being recycled, but the price of producing new lithium and cobalt is still cheaper than recycling. China hopes to force electric vehicle manufacturers to recycle used batteries. In the summer of 2018, China launched pilot batteries for recycling used electric vehicles in 17 cities and regions. On February 22 this year, the Research Report on the Recycling and Utilization of New Energy Vehicles' Power Battery (hereinafter referred to as the “Investigation Report”) issued by the Ministry of Industry and Information Technology once again raised the prevention and control of scrapped power battery pollution to the height of a new round of tough battles.

During the 2019 National Conference, the Zhi Gong Dang clearly recommended in the “Proposal on Accelerating the Upgrade to Create a New Energy Power Battery Life Cycle Value Chain”, the construction, centralized storage, collection, labeling and packaging of the outlets for residual value battery ladders. , transportation, as well as designated handover, fixed-point dismantling, etc., issued a series of management methods and supervision methods.

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