Marubeni develops circular business for batteries

摘要

Japanese trading firm Marubeni has agreed a strategic partnership with US battery recycling firm Retriev Technologies to develop a circular business for end of-life lithium-ion batteries. Their planned circular business model will involve reusing valuable metals recovered from end-of-life lithium-ion batteries. The two firms will also partner with a chemical firm, which produces sulphate, battery ternary precursors and cathodes for rechargeable batteries used in consumer electronics batteries and electric vehicle (EV) batteries, to help with reusing the recycled metals.