Beyond the environmental and social benefits to society, it is undeniable that new opportunities are created with the shift towards a circular economy. One such area is in the lithium-ion battery recycling market where the ubiquitous use of batteries in consumer electronics, electric vehicles and energy storage applications has created a corresponding urgent need to tackle the challenge of waste management when these batteries come to their end-of-life.
To give SMEs a better understanding of the market drivers and industry needs that were changing the battery recycling landscape and the emerging technologies addressing these demands, IPI organised the Emerging Technology Forum on Lithium-ion Battery Recycling to share insights and opportunities in lithium-ion battery recycling from its inaugural white paper titled Better Battery Recycling on 1 November.
Steven Lee, Technology Manager from IPI’s Energy and Environment cluster outlined the global innovation landscape for lithium-ion battery recycling, and highlighted how new government regulations to minimise the harmful effects of disposed batteries were opening new growth possibilities for battery manufacturers and recyclers to address environmental concerns as well as recover the scarce metals from spent batteries or repurpose for a second-life application. Licensing and technology collaboration opportunities were also shared. In addition, Dr Yu Jue Zhi, Research Fellow of the Department of Materials Science and Engineering from the National University of Singapore, was also invited to present on the redox targeting method for spent lithium-ion batteries.
Supported by the Enterprise Singapore’s Urban Solutions Industry Cluster and the National Environment Agency, the event drew over 120 participants from the battery manufacturers, suppliers and recyclers.
To find out more about the technologies transforming lithium-ion battery recycling, download the white paper at https://tinyurl.com/lithium-ion-whitepaper.