• 3 minutes Shale Oil Fiasco
  • 7 minutes "Leaked" request by some Democrats that they were asking Nancy to coordinate censure instead of impeachment.
  • 12 minutes Trump's China Strategy: Death By a Thousand Paper Cuts
  • 16 minutes Global Debt Worries. How Will This End?
  • 14 mins americavchina.com
  • 1 min Greta named Time Magazine "Person of the Year"
  • 2 mins DUMB IT DOWN-IMPEACHMENT
  • 5 hours Emissions Soar as Flaring Frenzy Breaks New Records
  • 17 hours Tories on course to win majority
  • 18 hours Winter Storms Hitting Continental US
  • 9 hours Aramco Raises $25.6B in World's Biggest IPO
  • 2 hours POTUS Trump signs the HK Bill
  • 16 hours WTO is effectively neutered. Trump *already* won the trade war against China and WTO is helpless to intervene
  • 21 hours 2nd Annual Great Oil Price Prediction Challenge of 2019

U.S. Launches Battery Recycling R&D Center To Boost Energy Security

battery packs

U.S. Energy Secretary Rick Perry said on Thursday that the United States is launching a battery recycling research and development (R&D) center, aiming to reduce its reliance on foreign supply of critical minerals such as cobalt and lithium.

“America’s dependence on foreign sources of critical materials undermines our energy security and national security,” Secretary Perry said in a statement.

Together with the Battery Recycling R&D Center, the Department of Energy is also announcing the launch of a Lithium-Ion Battery Recycling Prize, whose goal is to develop technologies to profitably capture 90 percent of all lithium-based battery technologies in the United States. Currently, lithium-ion batteries are collected and recycled at a rate of less than 5 percent, according to the DOE.

The recycling contest will award cash prizes of a total of US$5.5 million to contestants who find innovative solutions to collecting, storing, and transporting discarded lithium-ion batteries for eventual recycling, the DOE said.

The United States will invest US$15 million in a Lithium Battery R&D Recycling Center, which will work on cost-effective recycling processes to recover lithium battery materials. The Center will be led by Argonne National Laboratory along with the National Renewable Energy Laboratory and Oak Ridge National Laboratory.

The purpose of the prize and R&D center will be to reclaim and recycle critical materials such as cobalt and lithium from lithium-based battery technology used in consumer electronics, defense, energy storage, and transportation applications.

“Critical materials such as lithium and cobalt are both expensive and dependent on foreign sources for production,” the DOE said.

The Democratic Republic of the Congo is the world’s largest producer of cobalt and mines more than 60 percent of the cobalt globally. The African country has recently declared the mineral a “strategic” commodity and raised royalty rates for mining companies.

The world’s biggest producers of lithium are Australia, Chile, and Argentina, according to the U.S. Geological Survey’s Mineral Commodity Summaries.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play