Cengiz Holding steps up international cooperation for electric vehicle batteries

250 TONS OF BLACK MASS PROCESSED ANNUALLY

Providing insight into the details of the project, ICoNiChem Managing Director Berk Şengül noted that this cooperation signifies a huge step towards zero waste and a strengthened critical materials supply chain and said, "Being one of the world's leading companies in cobalt and nickel salts production, we already recover an average of 25 tons of nickel and cobalt by processing 250 tons of black mass every year to develop a greater understanding of the challenges involved. In this project, we will recover commercially critical raw materials and recycle them into batteries with the addition of lithium that we recover in our laboratories. NOVONIX will synthesize the purified metal salts and process them into cathode active material. The decision on whether to advance the project into commercial production will be made after electrification tests, which will mark a historic step in the recycling of end-of-life batteries and make IConiChem one of the first facilities in Europe to recover lithium."

'LOW CARBON FOOTPRINT FOR ELECTRIC VEHICLES'

Pointing out that the project is crucial to further reducing the carbon footprint of electric vehicles, Şengül continued: "While the electric vehicle market is ever-growing all over the world, the future of end-of-life batteries remains a hot topic on the global agenda. To minimize the carbon footprint of these batteries, it is essential to recycle them locally. As a company based in the UK, a country that has a significant and growing electric vehicle market, we aim to further reduce the carbon footprint of electric vehicles in line with their purpose and make them much more sustainable by supporting the battery recycling ecosystem. We are very excited about this project, which we believe will make a great contribution to the UK green economy."

Press Contact Mr. Okan Can
Phone: 0090 532 701 6568
E-Mail: [email protected]

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