Views: 0 Author: Site Editor Publish Time: 2024-04-10 Origin: Site
From 2021 to 2030, global production of lithiumion batteries is projected to increase fivefold, reaching 5,500 GWh, with electric vehicle batteries accounting for nearly 80% of all lithium-ion battery production.
This rapid growth presents opportunities and challenges across the entire supply chain, from raw material suppliers to electric vehicle battery manufacturers and recyclers. Key raw materials such as lithium, cobalt, nickel, and manganese are expected to face significant pressures from the market for increased capacity, streamlined logistics, and optimized costs to serve the evolving global electric vehicle market.
Under the umbrella of ZMPC, Kaches® supports raw material suppliers, electric vehicle battery manufacturers, and recyclers through hydrometallurgy, specifically solvent extraction processes, enabling the utilization of new scrap and old batteries for the production, recycling, and re-circulation of materials such as lithium, cobalt, nickel, and manganese.
Kaches® diluents are an excellent choice for solvent extraction processes as they facilitate efficient recovery, contribute to safer working environments, reduce environmental impact, and enable global operational expansion. Compared to highflashpoint coal tar solvents, Kaches® 260 fluid presents fewer GHS hazards and does not compromise performance.
With continually rising prices of rare metals, lithiumion battery production generates up to 40% of new waste, and it is estimated that up to 2 million tons of spent batteries could be recycled by 2030. Solvent extraction and Kaches® diluents offer an attractive value proposition, enhancing recovery rates and material purity, while supporting the electric vehicle value chain.
Please contact ZMPC for more information and to try our Kaches® diluents.
