Past NMT Ann stated the plant cost $4.5m was paid back in one year, once new test results are known the pay back may be even faster than that so I’d say it’s looking very cost effective so far.
Interesting Tesla no longer uses cobalt in batteries, was unaware they managed to completely eliminate its use rather than reduce the amount required.
Understand all new cars are required to be almost 100% recyclable to obtain their green credentials, with the batteries being a large part of EV’s they must be able to recycle that part, so this tech should be in high demand, almost 10% of new batteries produced at factories fail product test and require to be instantly recycled, that’s a very high volume of feed stock for the recycling plants, Loop.
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