Three factors for success in lithium-ion recycling
Success in the lithium-ion recycling business requires companies to develop a low-cost processing technology while paying attention to the logistics, said Kunal Phalpher, chief commercial officer of Li-Cycle.
Kitco interview Phalpher in early August. Li-cycle is a business based in Ontario focused on developing lithium-ion recycling technology.
"Right now we are just at the tipping point of large-scale deployment of lithium-ion batteries," said Phalpher.Li-cycle is trying to process lithium-ion batteries safely, at a low cost while minimizing transport.
"The challenge is to have a number of processing facilities or spokes close to the battery supply and limit the liability from the transport of dangerous goods."
Listen to our interview with Phalpher.