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Bright Future Seen for Lithium Ion Batteries in Western Europe, an Industrial Info Market Brief

Bright Future Seen for Lithium Ion Batteries in Western Europe, an Industrial Info Market Brief

The need for a clean and renewable energy source has become more evident than ever. As such, lithium-ion batteries have become an integral part of modern day technology, including their use in electric vehicles.

The recycling of lithium-ion batteries has become more prominent, due to environmental factors and their potential use in electric vehicles.

Neometals and SMS group has set up a joint venture, "Primobius," to recycle lithium-ion batteries and recover materials from batteries. The joint venture plans to build a demonstration plant in Western Europe.