Li-Cycle recovers up to 95% of the materials found in lithium-ion batteries through its patented, Spoke & Hub Technologies™. Traditionally, the battery recycling process involves a smelting process that results in high emissions and recovery of less than 50% of the materials. Li-Cycle has the capacity to process up to 10,000 tons of spent lithium-ion batteries per year, and Viridi Parente plans to recycle 100% of its end-of-life cells. “Together with Li-Cycle, Viridi is becoming part of the solution to the global end-of-life lithium-ion battery issue.”Īs of 2019, just over half of the global 180,000 metric tons of lithium-ion batteries available for recycling were recycled. It was important to us to find a recycling partner that shares our vision of growing the green economy through innovation and by minimizing the overall environmental footprint of electrification solutions.
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