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Released August 07, 2023 | NEW DELHI
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Researched by Industrial Info Resources (Sugar Land, Texas)--The Upper Rhine Valley in Germany's southwest is home to one of the largest lithium reserves in Europe. This could be a boon for Germany's green transition, as it looks to diversify its supply of the materials needed to build green technologies like electric cars and wind turbines.
Since 2021, most lithium extracted in Germany has been used to manufacture lithium-ion batteries.
But in comparison to countries like China or Australia, the lithium reserves in Germany are limited, and thus it becomes important to recycle and recover the critical minerals from batteries.
Germany recycles 1,500 metric tons of batteries each year. Lithium-ion batteries are 95% recyclable. Lithium-ion batteries hold their value beyond the life of the battery, allowing recycling facilities to reclaim materials such as high-value anode precious metals like cobalt, nickel and lithium.
Industrial Info is tracking six lithium-ion battery recycling projects in the DACH region of Germany, Austria and Switzerland, with a total investment value of US$395.98 million. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing project and plant databases can click here for a list of detailed project reports and click here for the related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).
Since 2021, most lithium extracted in Germany has been used to manufacture lithium-ion batteries.
But in comparison to countries like China or Australia, the lithium reserves in Germany are limited, and thus it becomes important to recycle and recover the critical minerals from batteries.
Germany recycles 1,500 metric tons of batteries each year. Lithium-ion batteries are 95% recyclable. Lithium-ion batteries hold their value beyond the life of the battery, allowing recycling facilities to reclaim materials such as high-value anode precious metals like cobalt, nickel and lithium.
Industrial Info is tracking six lithium-ion battery recycling projects in the DACH region of Germany, Austria and Switzerland, with a total investment value of US$395.98 million. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing project and plant databases can click here for a list of detailed project reports and click here for the related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).
