Page 151 - CW E-Magazine (18-6-2024)
P. 151

News from Abroad


       PARTNERSHIP
       Fortum and Marubeni to jointly work on recycling

       graphite from EV battery waste


          Finland-based energy fi rm, Fortum,                                         Recycling aims to change
       has said its subsidiary, Fortum Battery                                       this, as we are working
       Recycling, has entered into a prelimi-                                        on our own graphite re-
       nary agreement  and signed  a memo-                                           cycling technology,” said
       randum of understanding with Japan’s                                          Fortum’s Mr.  Tero Hol-
       trading major, Marubeni Corporation,                                          länder, Head for Battery
       to jointly  build  a sustainable  lithi-                                      business line, Fortum
       um-ion battery recycling chain, focus-                                        Battery Recycling.
       ing on graphite recycling.
                                                                                       Fortum is  producing
          Marubeni will support Fortum in   “We are very excited to be coope-  recycled graphite from EV battery
       supplying in-process waste materials  rating with Marubeni to explore po-  waste.  Graphite is suitable  for use in
       and process chemicals, and also seek for  tential business  opportunities  within  several industrial applications and fur-
       the possibility of graphite and lithium  graphite recycling. An average electric  ther developed for EV battery anodes.
       recycling technologies, in order to de-  vehicle (EV) car battery contains about
       velop a recycling value chain to meet  52-kg of graphite, and it is the main raw   Through this partnership, Fortum,
       the market demand. Both companies  material of an EV battery. At the same  together with Marubeni, will play a key
       will continue  to explore other poten-  time, 40%  of  raw  natural graphite is  role in the European market for recyc-
       tial business opportunities and promote  imported from China and technologies  led lithium-ion battery  materials  and
       sustainable growth in the clean energy  for graphite recycling do not exist on a  contribute  to the realisation  of a sus-
       fi eld.                            commercial  scale yet. Fortum Battery  tainable society.

       POOLING EXPERTISE
       OccidentalBHE Renewables jv to commercialise

       TerraLithium extraction technology

          American energy major, Occidental,  in California’s Imperial  Valley, which  commercial lithium production faci-
       and BHE Renewables, a subsidiary  process 50,000 gallons of lithium-rich  lities outside the Imperial Valley.
       of Berkshire  Hathaway  Energy, have  brine per minute to produce 345 mega-
       formed a joint venture for the demon-  watts of clean energy.         “By leveraging Occidental’s exper-
       stration and deployment of TerraLithi-                             tise in managing and processing brine
       um’s Direct Lithium Extraction (DLE)   The joint venture has begun a project  in our oil & gas and chemicals  busi-
       and associated technologies to extract  at BHE Renewables’ Imperial  Valley  nesses, combined with BHE Renew-
       and commercially produce high-purity  geothermal facility to demonstrate the  ables’  deep knowledge in geothermal
       lithium  compounds from geothermal  feasibility  of using the  TerraLithium  operations, we are uniquely positioned
       brine.                            DLE technology to produce lithium in  to advance a more sustainable form of
                                         an environmentally safe manner.  lithium  production,”  said  Mr. Richard
          TerraLithium, a wholly owned subsi-                             Jackson, President, US Onshore
       diary of Occidental, has patented DLE   Upon  successful demonstration,  Resources and Carbon Management,
       technologies that have the potential to  BHE Renewables plans to build, own  Operations at Occidental. “We look
       process any lithium-containing  brine  and operate commercial lithium pro-  forward to working with BHE Renewa-
       into a responsibly sourced supply of  duction facilities in California’s Impe-  bles to demonstrate how DLE techno-
       high-purity lithium. BHE  Renewables  rial Valley. The joint venture also plans  logy can produce a critical mineral that
       operates 10 geothermal power  plants  to license the technology and develop  society needs to further net zero goals.”

       Chemical Weekly  June 18, 2024                                                                  151


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