Türkiye’s conglomerate Cengiz Holding mentioned on Tuesday that its cobalt and nickel finish product manufacturing facility ICoNiChem has partnered with Canadian battery supplies and know-how firm Novonix to develop nickel-based cathode lively supplies for electrical automobiles (EV) batteries.
In an announcement from the corporate, it was famous that the venture, which will likely be funded beneath the U.Ok. and Canada Critical Minerals 2024 Program, covers the manufacturing of latest recycled batteries by recovering nickel, cobalt and lithium from waste battery powders.
In the assertion, it was famous that Cengiz Holding’s cobalt and nickel finish product manufacturing facility ICoNiChem, positioned in Widnes, England, will produce cathode lively supplies for electrical car batteries with Canadian battery supplies and know-how manufacturing firm Novonix.
Novonix is a number one battery know-how firm revolutionizing the worldwide lithium-ion battery business with progressive, sustainable applied sciences, high-performance supplies and extra environment friendly manufacturing strategies, working within the U.S. and Canada.
In the venture, the place ICoNiChem will get well nickel, cobalt and lithium from waste battery powders (black mass) of end-of-life car batteries, Novonix will synthesize metals and produce cathode lively supplies.
The assertion additionally famous that ICoNiChem was awarded funding of 160,000 kilos (almost $210,000) from the U.Ok.’s Faraday Institute, which operates in electrochemical power storage analysis, for the two-year venture funded beneath the U.Ok. and Canada Critical Minerals 2024 Program.
Source: www.dailysabah.com